High rise owner grateful to escape nearby inferno

Ted Reynolds, who built the Quorum Center condo and office high rise in downtown Raleigh and now lives on the 15th floor, said he was thankful he and his wife were able to escape unharmed after an apartment building under construction next door went up in flames.
Posted 3/17/2017, 11:59:49 PM Updated 9/23/2025, 7:51:46 PM

DEBRA MORGAN.

>> I'M GERALD OWENS.

OUR

DAVID CRABTREE SPENT THE

DAY IN RALEIGH.

WHAT IS IT

LIKE AFTER A SCARY NIGHT

LAST NIGHT.

>>Reporter: PEOPLE ARE,

GERALD.

THEY'RE IN SHOCK

OF WHAT THEY SAW LAST

NIGHT.

THEY'RE VERY

GRATEFUL OF WHAT THEY'RE

SEEING TODAY INCLUDING THE

FIRST RESPONDERS HERE

WORKING WITH PEOPLE AND

HELPING NOW TO CLEANUP

WHICH WILL MEAN A TIME OF

REBUILDING.

NOW FOR TENS

OF THOUSANDS OF PEOPLE WHO

TRAVEL CAPITAL BOULEVARD

COMING TO DOWNTOWN RALEIGH

TO WORK, THIS IS WHAT THEY

SEE.

IT'S A LANDMARK FOR

RALEIGH.

IT'S THE CORAM, A

15-STORY CONDO UNIT BUILT A

DOZEN YEARS AGO.

IT'S

ACROSS THE STREET OF WHAT'S

LEFT OF THE METROPOLITAN,

THAT $52 MILLION COMPLEX

PROJECT.

CORAM SUFFERED

DAMAGE LAST NIGHT.

WE

TALKED WITH ITS OWNER

TODAY, THE WHO HAD THE

VISION TO BUILD IT, TED

REYNOLDS, EXCLUSIVELY ABOUT

WHAT IT WAS LIKE TO SEE HIS

VISION COME UNDER ATTACK.

>> NATIONWIDE IT HAS

ALREADY SET UP A RESERVE

BETWEEN 5 AND 7 MILLION

JUST FOR THE CORAM

BUILDING.

SO IT'S A LOT OF

DAMAGE.

>> THAT'S THE STARTING

POINT.

LOOK AT THE NORTH

SIDE OF THIS BUILDING FULL

OF LUXURY CONDOS FROM THE

12th FLOOR DOWN, WINDOWS

BLOWN OUT FROM THE HEAT.

AND WATER DAMAGE INSIDE

FROM SPRINKLERS.

TED

REYNOLDS BUILT THIS

LANDMARK 12 YEARS AGO.

HE

AND HIS WIFE LIVED ON THE

15th FLOOR.

FIREFIGHTERS

WORKED TODAY CLEARING

DAMAGED GLASS.

AND WHAT A

VIEW, UNTIL LATE LAST

NIGHT.

>> 10:15, TURNED THE LIGHTS

OUT AND OUR CURTAINS COME

DOWN IN FRONT OF THE -- AND

THEY WERE KIND OF GLOWING

AND I HIT THE BUTTON AND

RAISED THE CURTAIN AND

OPENED THE DOOR.

WE HAVE A

TERRACE OUTSIDE AND THE

FLAMES FROM THAT FIRE WERE

UP ABOVE THE 15th FLOOR.

AND I WENT BACK IN.

I WOKE

PEGGY.

AND I SAID "WE GOT

TO LEAVE."

THANK HEAVENS WE MANAGED TO

GET ON THE

ELEVATOR BEFORE IT CUT OFF

BECAUSE SHE COULDN'T HAVE

COME DOWN THE STEPS.

>> WHEN YOU WALKED ON THAT

BALCONY AND YOU'RE ON THE

15th FLOOR LOOKING DOWN AT

THIS BUILDING AND THE

FLAMES ARE COMING BELOW YOU

--

>> ABOVE ME.

>> WHAT DID YOU THINK.

>> I DIDN'T KNOW IF A BOMB

HIT -- HAD BEEN IGNITED OR

JUST WHAT IT HAPPENED.

BUT

I DIDN'T WANT TO STOP AND

TALK ABOUT IT.

I WANTED TO

GET OUT OF THE BUILDING.

>> [INDISCERNIBLE]

THE

CONTRACTOR ON THE BUILDING

BUILT THE CORAM.

TIM

CALLED ME THIS MORNING AND

HE WANTED TO KNOW IF WE

WERE OKAY.

BUT HE WAS

CLEARLY DISTURBED BY THE

WHOLE THING.

HE HAD A FIRE

INSPECTION ON THAT BUILDING

THAT BURNED LAST NIGHT.

A

FIRE INSPECTION WAS ON

TUESDAY.

>> WOW.

>> AND IT CAME DOWN ON

THURSDAY.

>> WHAT AN EXAMPLE OF HOW

QUICKLY THINGS CAN CHANGE.

A FIRE INSPECTION ON

TUESDAY, THE BUILDING BURNS

48 HOURS LATER.

TED

REYNOLDS SAYS THE PEOPLE

WHO LIVE IN CORAM WILL COME

BACK INCLUDING HIM AND HIS

WIFE PEGGY, BUT IT'S GOING

TO BE A WHILE BEFORE

INSURANCE INVESTIGATORS ARE

INSIDE.

IT'S GOING TO BE A

WHILE BEFORE THE FIRE

INVESTIGATORS ARE ABLE TO

GO THROUGH THAT BUILDING TO

BEGIN THE CLEANUP AND THE

ULTIMATE REBUILDING

PROCESS.