Daily News

New Project: Mixed-Use Redevelopment In North Carolina

October 18, 2020
Photo Credit: Hoffman & Associates

Photo Credit: Hoffman & Associates

Source: REBusinessonline.com

 

Developers have unveiled plans for a $300 million redevelopment of a neighborhood on the north side of Raleigh, N.C.


Where is it happening?

Raleigh, N.C.


Who is involved?

Developers: Hoffman & Associates

Designers: Cline Designs, Stewart Inc., Street-Works Studio


When is it happening?

Phase I of construction will be complete by Q3 of 2022, though a timeline of latter phases has not been established.


Why is it important?

The redevelopment will offer residential, retail, and office spaces for the growing urban neighborhood.


Key Aspects?

The project’s central corridor will feature a street without curbs for improved pedestrian accessibility

Underground parking

Hotel space with a currently unestablished footprint

 

Full Project Specs?

Three apartment buildings, totalling 600 residential units

130,000 square-feet of retail space

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