Various Projects Underway in North Carolina

November 27, 2020
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Photo Credit: Heritage Properties

Photo Credit: Heritage Properties

Source: CP Executive

A variety of high-profile projects are currently underway in the areas surrounding North Carolina’s Research Triangle Park.

Where is this taking place?

Raleigh-Durham, N.C.

Who is involved?

Developer: Heritage Properties / Equator Capital Management and OCS Capital / The Fallon Co. / Kane Realty Corp. / KDC

Designer: Gensler / Kimley-Horn / Duda|Pain Architects

When is this happening?

The projects will be delivered at different points stretching from 2020 to 2023

Why is it important?

These projects will provide an immense amount of office, retail, and residential space to the exploding Southern technology hub.

Key aspects?

All projects are located conveniently close to multiple top-tier research universities, the Research Triangle Park, RDU International Airport, and the downtowns of Raleigh and Durham

Community space included in The Fallon Co.’s project in downtown Raleigh

Significant space reserved for parking

More than 14 acres of green space

Project specs?

Heritage Properties: 10-story tower with 241,500 square-feet of office space and 30,000 square-feet of retail space on the second floor

Equator Capital Management: Single-story office development with 248,000 square-feet of office space

The Fallon Co.: 10s-tory tower with 280,381 square-feet of office space and 12,612 square-feet of ground-floor retail space

Kane Realty Corp.: 328,600 square-feet of office space, 8,234 square-feet of first-floor retail and eight floors of parking

KDC: One million square-feet of office space, a “significant portion” (CPExecutive) of retail space, and 800 residential units

Project HEROE

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