I don’t know anything at all but I do find this rumor curious in conjunction with the talk from a few weeks ago of a supposed 30 story tower in development that would evidently not be at the South Bank site or ATC2. Hmmm.
I have not heard anything to this effect, but that large parking lot right behind the YMCA parking lot has some serious potential long-term. I really hope that gets redeveloped into something substantial.
That parking lot is literally halfway between downtown Main Street and full steam and motoroco, it needs to be an awesome development to tie the two together to turn Durham downtown into one seamless street experience. So much coolness could happen!
For right now I'll just say a friend who has a contact in the YMCA, so everything is 2nd-hand. My friend pointed out that nothing has been signed yet. With that caveat, what my friend says is that the plan is for a 20+ story building on the YMCA lot. Construction expected to require 2 years but the downtown YMCA would return, 1 1/2 times its current size, embedded in the new building.
No other details, including what else would be in the building other than speculation that it would be the usual office, commercial, residential combination, and that there would be some retail on the 1st floor.
I spoke with someone this morning who has...reasonable insight into the situation. They said that there are tons of rumors, but they’re not without reason. The Y recently put out an RFP, for which many bids came back proposing vertical growth on the site. They said that seems most likely (perhaps even the 20+ variety), but nothing has been agreed to, signed, or even stated as a preference. They said the chief use of the site will be to “benefit all of Durham, not just as a part of the Y’s mission.”
Some more second hand, but at least promising to hear parts of the rumor are true!