Powerhouse Square is an adaptive reuse project anchored by two national Historic Register structures built by Carolina Power & Light over 70 years ago. The project includes restaurants, shops, offices and a structured parking deck. In 2014, CDA renovated their 12,000 sf. offices, as well as Clouds Brewing in the lower level of the garage building.
The original Powerhouse Building houses Natty Greens Brewery, a restaurant and micro-brewery. Structured parking supports the increased traffic generated by the development. This development received an Anthemion Award for Outstanding Historic Renovation from Capital Area Preservation in 2000 and a Sir Walter Raleigh Award for Community Appearance in 1999.