Raleigh City Council passes another 40-story rezoning for Hillsborough Street

Why it matters: Hillsborough Street has transformed in recent years as developers flock to the areas between Fayetteville Street and Glenwood South, building large office and residential towers.

• Buildings like 400H and Pendo have both been completed on the street in recent years — and several more are planned, including a Kimpton Hotel and the redevelopment of the original Char-Grill property.
• Other nearby properties, including 309 Hillsborough St., could also be rezoned.

Details: Dalian offered to give $180,000 to the city's affordable housing fund if the final development plan is fewer than 301 units.

• If more are built, it would contribute an additional $40,000 per unit to the fund.