State Completes Sale of Bailey-Tucker House as Part of Governor McCrory's Project Phoenix Initiative | Eastern North Carolina Now

As part of Governor McCrory's Project Phoenix initiative to return underutilized state properties to more productive and efficient use, the governor announced today that the state has completed the sale of the historic Bailey-Tucker House in Raleigh's Blount Street District.

ENCNow
Press Release:

    Raleigh, N.C.     As part of Governor McCrory's Project Phoenix initiative to return underutilized state properties to more productive and efficient use, the governor announced today that the state has completed the sale of the historic Bailey-Tucker House in Raleigh's Blount Street District.

    "The sale of this historic house after it remained vacant for decades is a win-win for that will help revitalize and diversify the Blount Street District while also returning money to the taxpayers," Governor McCrory said. "I look forward to welcoming a new neighbor on Blount Street and appreciate their efforts to return this home to its original 1917 beauty."

    The Bailey-Tucker House located at 213 East Lane Street in downtown Raleigh was built in 1917. The house was sold for $900,000 to a Raleigh attorney who will be restoring the building to house his law offices.

    With this sale, the only state-owned house that remains on the market in the Blount Street District is the Andrews-Duncan House located at 407 North Blount Street. The state has now had offers for or completed the sale of 11 Blount Street homes.

    The sale of these homes is estimated to return approximately $7 million to the state.

    Under Governor McCrory's leadership, North Carolina has reformed how state government occupies space for greater efficiency, productivity and cost control, not to mention the importance of state-owned assets to their surrounding areas. Project Phoenix is Governor McCrory's initiative to improve the state's occupancy of real estate across North Carolina. This initiative takes advantage of today's low interest rates and North Carolina's innovative private sector in pioneering public-private partnerships to transform government spaces across the state.

    As part of the governor's initiative, the state is in the process of reviewing best and final offers for the Personnel Training Center on W. Peace Street and the Old Chiller Building on Dawson Street, both in downtown Raleigh. Additionally, the state is reviewing offers on the former site of the Charlotte Correctional Facility.

  • Contact: Crystal Feldman
  •     govpress@nc.gov

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