Downtown Raleigh Sees Increase in Visitor Traffic

New business openings and major development projects drive growth in the city center.

Updated on Oct. 28, 2026 in Openings & Closings

A downtown street scene in Raleigh showing a blend of historic brick and modern buildings under bright morning sunlight.
Downtown Raleigh recorded a 5% increase in visitor traffic during Q3 2026, driven by new business openings and expanded residential development. AI Illustration. Upload story photo >

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Does downtown development in your area generally lead to more customers for local small businesses?

Downtown Raleigh experienced a more than 5% increase in visitor traffic during Q3 2026 compared to the same period last year. This uptick follows 14 new business openings and the occupancy of over 1,700 apartment units over the past two years.

Why it matters

The surge in activity is bolstered by ongoing construction projects and high-profile recognition for local restaurants. These trends suggest a growing momentum in the city center as planned investments continue to take shape.

Downtown Raleigh currently hosts 13 active construction projects and has seen 14 new businesses open downtown. The total value of planned or proposed development for the area now stands at $3.1 billion.

The players

Downtown Raleigh Alliance

This organization manages downtown development and tracks progress for the city center.

Carolina Hurricanes

A professional hockey team whose recent championship run served as a catalyst for local tourism.

Brewery Bhavana

A notable local establishment that has received a Michelin restaurant recommendation for two years in a row.

The details

The increase in visitors was notably influenced by the Carolina Hurricanes' Stanley Cup run and their subsequent championship parade on Fayetteville Street. Additionally, Brewery Bhavana contributed to the area's appeal by earning a Michelin restaurant recommendation for the second consecutive year.

Timeline

  1. Over the past two years, more than 1,700 apartment units were occupied in downtown Raleigh.

  2. During Q3 2026, downtown Raleigh recorded a 5% increase in visitor traffic.

Market Landscape

This growth follows the pattern set by the Downtown Raleigh Alliance development strategy to drive urban investment. It marks a significant shift as the area transitions from a business hub to a mixed-use residential and entertainment district.

Residents and visitors can expect a more active downtown with an expanded variety of retail and dining options. The ongoing construction of projects like the Omni Hotel indicates continued long-term changes to the downtown landscape for shoppers.

The takeaway

The sustained investment and development in downtown Raleigh are reshaping the city into a destination for entertainment and urban living. Readers can anticipate ongoing changes as the $3.1 billion in proposed development projects move forward.

Further reading

For more information on local growth, visit Raleigh Openings & Closings.

Source note: This article includes information reported by ABC11 Raleigh-Durham.

Live Poll

Does downtown development in your area generally lead to more customers for local small businesses?