Looks like Red Hat plans to hang its hat in downtown Raleigh, taking a lease in the new Progress Energy building! Now didn’t I tell you that company was smart?
I just returned from Durham’s American Tobacco Complex and admired its startup incubator there, thinking Raleigh could use a startup incubator, too. Red Hat is no longer a startup company but it is a well-known tech company that will draw other tech companies into downtown. Not only that, but downtown’s nightlife and condo market should see a boost as well.
Downtown Raleigh just became a whole lot cooler. This will lead to more great things for the city!