Real Estate News

Apartment boom poised to reshape Raleigh, Durham downtowns

When SkyHouse, the 23-story luxury apartment building, opens in downtown Raleigh next month, it will offer tenants sweeping views. In Raleigh, the number of high-end apartment units within a mile of downtown will double to nearly 3,000 over during the next two years. In Durham, a wave of new apartment communities in downtown and along Ninth Street is expected to more than double the population, which is now about 1,500.

Durham News

Developers out to undo downtown Durham's Loop

Developer Bob Chapman sees the Downtown Loop as “a girdle” on Durham's city center, “binding and preventing downtown from growing.” He and business partner Rob Dickson want to convert the road to two-way traffic and make it more friendly to pedestrians.

Garner Cleveland Record

Garner council interested in annexation of county-proposed subdivision

The town council agreed last week they want to try to encourage a Wake County developer to have his proposed subdivision be annexed in the town limits. The proposed 90-lot subdivision, which will be built south of New Bethel Church Road across the street from the new South Garner High, is expected to have homes with a price point of $350,000, Town Manager Hardin Watkins said at the March 17 town council meeting.

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