Beacon Street’s Commitment to Building Timeless Neighborhoods | Best of Raleigh Episode 34

Summary

In this episode of 'The Best of Raleigh,' real estate expert Gretchen Coy interviews Jim and James Wy of Beacon Street Development. They discuss their approach to urban development that respects Raleigh's history while incorporating modern elements. The conversation highlights their latest project, Bernie Park, which aims to blend traditional aesthetics with contemporary living. The Wys emphasize the importance of community, architectural integrity, and creating spaces that foster a sense of belonging.

Takeaways

• 🏙️ Raleigh is evolving into a more metropolitan city while maintaining its traditional charm.
• 👨‍👦 Jim and James Wy, a father-son duo from Beacon Street Development, are committed to blending modern elements with traditional architecture.
• 🏡 They are known for creating spaces that integrate seamlessly into the community and enhance the lifestyle of residents.
• 🌳 The inspiration behind Beacon Street comes from a deep emotional connection to Raleigh's neighborhoods and a desire to recreate the charm of old urban planning.
• 🏘️ The company focuses on 'new urbanism', which emphasizes walkable neighborhoods with mixed uses and a strong sense of community.
• 🏢 Beacon Street Development is dedicated to creating a sense of belonging and emotional connection in their projects.
• 🏡 Their projects aim to make new buildings feel like they've been part of the neighborhood forever.
• 🔍 They carefully select projects based on location, quality, and the uniqueness of the site, seeking non-repeatable sites.
• 👥 James Wy was initially involved in commercial real estate but was drawn to Beacon Street Development due to its focus on community and place-making.
• 🏡 Bernie Park is a new development by Beacon Street that aims to complement the existing neighborhood of Hayes Barton.
• 🏠 The Briar Berry, part of Bernie Park, offers condominiums that provide the feel of single-family homes with modern amenities and community features.

Q & A

What is the main focus of Beacon Street Development?

Beacon Street Development focuses on creating spaces that blend traditional elements with modern features, aiming to make new buildings feel like they've been part of the community forever.

What is the significance of the Five Points area in Raleigh according to the transcript?

The Five Points area holds a special place in Raleigh, representing a traditional and beloved part of the city with a strong sense of community and history.

How does Beacon Street Development approach new projects?

Beacon Street Development approaches new projects by considering the historical context and architectural style of the area, aiming to create a sense of belonging and continuity with the existing neighborhood.

What is the inspiration behind the development of Bernie Park?

The inspiration for Bernie Park comes from a desire to create a place with a sense of belonging similar to the charm of small towns and historical neighborhoods, while also providing modern amenities and a strong community feel.

What is the relationship between Jim and James Wy?

Jim and James Wy are a father and son duo who work together at Beacon Street Development, carrying on family values and traditions in their projects.

How does Beacon Street Development ensure their projects feel like they've been there forever?

Beacon Street Development ensures their projects feel timeless by referencing classical architecture, thoughtful planning, and a deep connection to the history and community of the area.

What is the concept behind the Wade building mentioned in the transcript?

The Wade building is designed to feel like houses from the inside, providing a sense of community and comfort, despite being a condo building, with features like soundproofing and high-quality construction.

What is the Breit Berry building in Bernie Park?

The Breit Berry is an 18-residence condominium building in Bernie Park that combines the best features of Fairview and the Wade, offering a mix of modern amenities and a classic neighborhood feel.

What are the unique features of the homes in Bernie Park?

The homes in Bernie Park offer a range of sizes from 1,700 to 2,700 square feet with large residential windows, walk-in pantries, laundry rooms, and powder rooms, providing a sense of space and functionality similar to single-family homes.

How does Beacon Street Development choose the locations for their projects?

Beacon Street Development chooses locations that are non-repeatable, meaning that the street was likely built before the 1920s, ensuring a unique and historically rich context for their projects.

What is the future outlook for Beacon Street Development?

The future for Beacon Street Development involves continuing to seek unique opportunities in established neighborhoods, maintaining a long-term perspective, and keeping the soul of Raleigh intact through thoughtful development.