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WakeMed property gift and purchase will allow for future expansion of Raleigh campus

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WakeMed Health & Hospitals announced today that the family of Clarence and Alice Aycock Poe have donated the Longview House, also known as the Poe House, and two acres on which it sits.

WakeMed has also purchased an additional 13.5 acres of adjacent land where it expects to eventually expand its Raleigh campus off New Bern Avenue. The hospital system paid $4 million for the land last month.

WakeMed CEO Bill Atkinson said in a release that the hospital doesn't have any specific plans for the Poe property at the moment.

Clarence Poe was a notable civic leader and founder of The Progressive Farmer, once one of the South's most influential publications.

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About the blogger

Business reporter David Bracken came to the N&O in 2004. He covers commercial and residential real estate. Contact David at 919-829-4548 or e-mail him.