Developers plan four-story condos on the edge of downtown Durham near Bulls Park
Raleigh-based developers are planning to build luxury condominiums on the edge of downtown Durham near the Durham Bulls Athletic Park.
Greymont Development and Four Line Development, firms with decades of experience in the Triangle, want to build four condominium buildings with 130 units in an area immediately outside the downtown Durham core.
The site plan proposes a four-story 56,000-square-foot building facing the Durham Freeway with three buildings across from a 234-space parking lot. The three buildings are 30,000 square feet each, three to four stories tall and are side by side on Morehead Avenue and Duke Street.
According to county records, developers bought the nearly 4-acre site at 518 Morehead Ave. in the summer for $4 million and submitted site plans recently that are under review by the city.
Officials at Greymont and Four Line were not available Friday for requests for more information about the project. (The name of Greymont Development was misspelled in an earlier version of this story.)
Greymont and Four Line have a portfolio of high-end residential projects, including The Fairweather condos in the Warehouse District near Dorothea Dix Park in Raleigh, and The Grove townhomes in downtown Durham. They recently were approved to rezone a site in downtown Raleigh to build a residential tower up to 12 stories, but abandoned those plans, according to the Triangle Business Journal.
This story was corrected at 11:12 a.m. Dec. 30, 2019.
This story was originally published December 27, 2019 at 2:20 PM.
