clawdbot-workspace/contacts-raleigh-district.md
2026-02-01 23:00:31 -05:00

4.6 KiB

Contact List: Raleigh Sports & Entertainment District — $1B Development

Project: 80-acre mixed-use entertainment district surrounding Lenovo Center (Hurricanes/NC State arena) Developer: Pacific Elm Properties (Dallas, TX) + Gale Force Sports & Entertainment (Hurricanes parent) Owner/Driver: Tom Dundon (Carolina Hurricanes owner) Est. Cost: $1 billion across 4 phases (7-10 year buildout) Stage: Phase 1 construction expected 2026 Civil Engineer: Kimley-Horn Updated: 2026-02-01


PACIFIC ELM PROPERTIES (Lead Developer)

Billy Prewitt

  • Title: CEO (appointed Sept 2025, succeeding founder Jonas Woods)
  • Organization: Pacific Elm Properties, Dallas, TX
  • Why: Current CEO running the firm. Previously CIO — founding partner since 2008. Will be the key decision-maker for capital partnerships on this project.
  • LinkedIn: Search "Billy Prewitt Pacific Elm Properties"
  • Source: Dallas Business Journal, Sept 2025

Jonas Woods

  • Title: Founder (stepped down as CEO Sept 2025 — launched separate $4B venture)
  • Organization: Pacific Elm Properties (founder) / New venture
  • Why: Original Raleigh district visionary. Led Victory Park development in Dallas (2M SF mixed-use). Principal in Dallas Mavericks acquisition. Led American Airlines Center financing. Even if not day-to-day at PacElm anymore, still influential.
  • Background: 30+ years RE, $6B+ in acquisition/development transactions. Office, residential, industrial, retail, mixed-use.
  • LinkedIn: Search "Jonas Woods Pacific Elm"
  • Website: pacelm.com

Pacific Elm Portfolio Context

  • Existing: 6 Class A towers, 4.4M SF (office, residential, hotel, retail)
  • Pipeline: 9.7M SF mixed-use development including 2.8M SF office, 4,400 residential units, 1,000 hotel keys, 500K SF retail
  • This means: Raleigh is one piece of a massive pipeline — they likely need capital partners across multiple projects

GALE FORCE SPORTS & ENTERTAINMENT (Hurricanes Parent)

Tom Dundon

  • Title: Owner, Carolina Hurricanes / Chairman, Gale Force Sports & Entertainment
  • Why: THE driving force behind the district. Extended Hurricanes lease through 2044 in exchange for development rights on surrounding 80 acres. Ultimate decision-maker.
  • LinkedIn: Search "Tom Dundon"
  • Notes: Dallas-based billionaire. Made fortune in auto lending (Santander Consumer USA). Also explored AAF football league investment.

Don Waddell

  • Title: President & GM, Carolina Hurricanes
  • Why: Operational leader of the Hurricanes organization. May have connections to business development side.

CITY/COUNTY OFFICIALS

Mary-Ann Baldwin

  • Title: Mayor, City of Raleigh
  • Why: Approved the development deal, extended arena lease. Pro-development.
  • Contact: raleighnc.gov

Wake County Board of Commissioners

  • Why: County owns the arena land. Key stakeholder in the development agreement.
  • Contact: wake.gov

Raleigh-Durham Airport Authority (RDU)

  • Why: Pacific Elm is ALSO in discussions with RDU to redevelop 100+ acres of Lake Crabtree County Park off I-40 — another potential partnership angle.
  • Source: Triangle Business Journal, July 2025

ENGINEERING/DESIGN

Kimley-Horn

  • Role: Civil engineer for the project
  • Why: Already engaged — could provide introductions or context on project timeline
  • Website: kimley-horn.com

INDUSTRY COMMENTARY

Jim Anthony — CEO & Founder, APG Companies

  • Quote: "The only other person in Raleigh who has pulled off something this ambitious is John Kane. Let's hope and pray that Tom Dundon is successful."
  • Why: Local CRE leader who understands the market. Potential intro or market intelligence source.
  • Website: apgcre.com

OUTREACH STRATEGY

  1. Primary Target: Billy Prewitt (new CEO, Pacific Elm) — he's running the development side and likely open to capital partner discussions as they tackle a $1B multi-phase project
  2. Secondary: Tom Dundon's business office — harder to reach but the ultimate decision-maker
  3. Municipal Angle: Wake County commissioners — they control the arena land and could facilitate introductions
  4. RDU Angle: If Pacific Elm is doing 100+ acres with RDU AND 80 acres at the arena district, they have massive capital needs across multiple projects
  5. Timeline: Phase 1 breaking ground 2026, 4 total phases over 7-10 years = multiple capital raise windows
  6. Competitive Intel: Compare to John Kane's North Hills development in Raleigh — that's the local benchmark