A mixed-use development connecting Raleigh’s history to its future through innovative, curated, and dynamic spaces.

Raleigh Iron Works

The development will include office, retail, restaurant, and residential space, and potentially a hotel. Raleigh Iron Works sits at a crossroads between many burgeoning neighborhoods and will breathe new life into the Iron Works District by serving as a connection to the new innovation economy, including Dock 1053, in a historic industrial setting. The property will also deliver a diverse and dynamic office environment.

Double Gable Building

Features an event space, corner restaurant with outdoor seating, retail facing a central pedestrian promenade, and second floor creative office space.

Raleigh Iron Works

Bow Truss Building

Features ground floor retail facing the pedestrian promenade, second and third floor creative office in the historic structure, and 370,098 SF of new Class-A office space with covered parking.

Rooted in history

1792

1840

1850

1914

1931

1941

1956

1966

1969

1973

2010

2017

2021

2022

2023

William Christmas’ 1792 Plan for Downtown Raleigh
William Christmas’ 1792 Plan for Downtown Raleigh

Raleigh is established as the capital of North Carolina.

North Carolina Capitol Building
North Carolina Capitol Building

State capital begins completion and is celebrated by a 3-day festival.

Union Station, c. 1928
Union Station, c. 1928

Two railroad lines connect to Raleigh to Petersburg, VA – a major supply hub.

8 inch ammunition at naval gun emplacement
8 inch ammunition at naval gun emplacement

Raleigh Iron Works makes naval artillery shells.

Peden Steel main office - Hargett St.
Peden Steel main office - Hargett St.

Raleigh Iron Works becomes the Peden Steel Company.

Army-Navy “E” Award
Army-Navy “E” Award

Received Army-Navy “E” Award.

Construction of the Bow Truss Building
Construction of the Bow Truss Building

Peden Steel moves from downtown Raleigh to Capitol Blvd.

Peden Steel
Peden Steel

New Pedel Steel sign is designed.

Plans for the Nashville plant
Plans for the Nashville plant

Peden Steel grows, opens a new plant in Nashville, NC.

MGM Grand under construction
MGM Grand under construction

MGM Grand opens, costing $106 Million.

James M. Peden's Hall of Fame photo
James M. Peden's Hall of Fame photo

James M. Peden is inducted in to the Raleigh Hall of Fame.

Dock 1053
Dock 1053

Grubb Ventures opens Dock 1053, situated directly across from Raleigh Iron Works.

Construction progress at RIW
Construction progress at RIW

Jamestown & Grubb Ventures breaks ground on Raleigh Iron Works.

Raleigh Iron Works
Raleigh Iron Works

Raleigh Iron Works continues to grow as construction forges ahead.

Coming 2023
Coming 2023

Raleigh Iron Works will open to the public.

About the Developers

Committed to Community-Centered Placemaking

A project of Raleigh Iron Work’s scale and scope requires the experienced leadership of owners committed to crafting landmark projects that create enduring quality, long-term value and a sense of community. Jamestown and Grubb Ventures are just such the owners.

Grubb Ventures has extensive experience in creating and redeveloping high quality communities in infill locations in North Carolina, including renowned neighbor, Dock 1053 and Glenwood Place.

Jamestown boasts an impressive portfolio of urban community cornerstones centered around prominent historic renovations, including highly-regarded developments such as Ponce City Market in Atlanta, Chelsea Market in New York and Industry City in Brooklyn.