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HQ Is Marquee Tenant of Historic Capital Club in Downtown Raleigh

Contact:
Ilina Ewen, Director of Marketing
iewen@hq.community
919.632.2915

Raleigh, NC - November 30, 2016- HQ Raleigh, the flagship site of HQ Community, the largest entrepreneurial co-working community in North Carolina, is about to expand its growing footprint, literally and figuratively. HQ Raleigh’s 15,000 square foot space at 310 S. Harrington Street has been fully occupied since its doors opened in 2012. While HQ Raleigh took on an additional 5,000 square feet across the street at 311 S. Harrington and is on the cusp of breaking ground on 25,00 square feet at 319 S. Harrington, Raleigh’s entrepreneurial community has demonstrated a need and desire for more space to encourage collaboration and nurture relationships. When approached about expanding into the iconic Capital Club building, HQ's partners agreed that the space was an ideal location for growth.

“Capital Club gives us an opportunity to address our growing demand for both suites and event space in one of Raleigh’s most iconic buildings,” says Jason Widen a Founding Partner of HQ Community. “Moreover, Capital Club presents an opportunity to accommodate larger teams graduating from 310 S. Harrington, all aligned with our mission to support the scale-up of high impact, high growth companies in Raleigh and across the Triangle.”

HQ has partnered with local firm American Residential Investment Management (ARIM) to upfit floors eight through 12, including the crown jewel event space on the top floor. HQ plans to revive the building’s former lustre while adding modern touches that appeal to today’s innovation economy, like flexible work space, well designed suites with shared conference rooms, design forward furniture solutions, and a high-end cafe-bar-lounge perfect for events and having a coffee or drink with a client or colleague.  The design and intentional use of space demonstrate a happy marriage of old and new. The Capital Club will harken back to the year 1930, when it was built, as the place where the city’s great minds meet, create, and innovate. ARIM partners Matt Fritter and Adam Mills are both Raleigh natives and are excited to partner with HQ to contribute to the economic impact of downtown Raleigh’s revitalization. ARIM’s Matt Fritter says, "We feel very fortunate to be able to participate in downtown Raleigh's ongoing revival. To be able to do so with a rapidly growing organization like HQ Raleigh, whose mission and core values strongly align with our own, makes this opportunity truly special."

HQ will offer office suites and flexible work space on floors eight through 11. The twelfth floor will be resplendent in its revived Art Deco grandeur to serve as a hallmark event space for corporate meetings, board retreats, or catered events for up to 200 people. The Capital Club is on the National Register of Historic Places. The addition of HQ as a marquee tenant will enhance the building’s rich character while adding value to the community. HQ anticipates occupying the space in the second quarter of 2017. 

About HQ

The HQ Community is on a mission to foster an inclusive community of entrepreneurs who create lasting economic and social impact. HQ currently has locations in Raleigh’s Warehouse District, Greensboro’s Arts District, and Uptown Charlotte, collectively home to over 350 high-growth, high-impact companies. For more information, please visit: http://hq.community/.

About American Residential Investment Management

American Residential Investment Management's objective is to acquire, renovate, and manage properties that will deliver superior risk-adjusted returns through all market cycles. Since our first acquisition in 2004, ARIM has acquired over $200,000,000 in multi-family properties. For more information, please visit http://www.amresmanagement.com/aboutus.html.

 

 

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