A Chicago-based apartment developer has filed plans to build a 250-unit apartment complex on the site of the former Greyhound bus terminal in downtown Raleigh.
Banner Apartments, which is also building The Lincoln Apartments just east of downtown, plans to offer a mix of 1- and 2-story apartments on the 1.79-acre site, according to plans filed with the city.
The property is on the west side of the block bounded by N. Harrington, W. Lane, N. Dawson and W. Jones streets. It is directly north of the Quorum Center condominiums and across N. Harrington Street from where Grubb Properties is now building a 204-unit complex called Link Apartments Glenwood South.
Grubb’s project is expected to open later this year.
Banner is set to have a grand opening for its Lincoln Apartments next month. The 224-unit project occupies an entire block just east of Moore Square.