A project called Falcon’s Point near the Historic Oakwood district is moving to the next phase.
Falcon’s Point LLC, James Montague, Phone 919-796-2546, email montes7@gmail.com
filed the site review application late December 2023 to demolish his exiting structure on 311. N. Tarboro Street in Raleigh in order to construct the new-multi story mixed use building.
According to the Triangle Business Journal, the development cost will be around $8.5 million. The ground floor of the mixed-used building will have 5,000 sq.f.t of commercial space.
James Montague is a seasoned investor and developer in Raleigh. For 24 years, the estate developer has expanded his portfolio in his hometown with the focus on affordable housing and commercial investment in underserved area. Montague has been doubling down on his Raleigh projects and is very involved in the community.
More affordable housing projects in Raleigh
Kent Road Apartments 144-Units
Some 6 miles from 311 N. Tarboro Street is another proposed affordable housing project in the works. The developer Blue Ridge Atlantic filed an administrative site review with the city in December 2023 for a 144 residential apartment project. Click here to read https://ticinosolutions.com/new-development-of-144-residential-units-on-5-acre-site-in-raleigh-under-review/
Commerce Street Apartments Phase II by Laurel Street Residential
This project is a partnership between the..go to Apartments Durham Phase II...
