Glenwood South is a renovated Commercial District, with trendy restaurants and condo developments. It is the new hot spot for Raleigh's young adults. Much of this land was owned by the Pine State Creamery. The city recently put in new sidewalks and street lights. Two large high rise condo buildings are finished and seven more will break ground in the next three years. $200-$350/sq.ft. The blocks just to the east of Glenwood Avenue are still unrenovated and consist of large undeveloped lots owned by a few development companies. This area is waiting for the right moment to develop and will form an important link to downtown.