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The plans to build a 250-unit apartment complex in East Austin are moving forward with the City Council’s recent rezoning approval. “The Ridge Apartments” project planned by longtime developer Peter Barlin, his brother and Manny Farahni are coming together. 3423 Investment LLC which is owned by Peter Barlin’s 3423 Holdings LLC company and MF Austin […]
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A new hotel is being planned about 6 miles south-west from buys downtown Charlotte at 2209 Cascade Point Drive. Site plans have been filed with the City of Raleigh for the new Holiday Inn express and GC bidding is already happening. The plans call for a 5-level, 100 plus room structure with all the amenities. […]
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Kent Road Apartment is the name of a proposed project by Developer Blue Ridge Atlantic.The Wake County Board greenlighted the new affordable housing development in August of 2023. The property being owned by the City of Raleigh, this project will be an affordable-unit-community with 144-total units consisting of 3 multifamily buildings, surface parking, an amenity […]
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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. […]
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The Drox Group LLC recently filed a petion in January with the City of Charlotte for rezoning the 4-acre property on 5215 S Tryon Street. Urban Design Partners is listed as their architect. Siteplan Link Petition Link
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Atapco Properties filed for zoning petition in January to build hundreds of homes on 17-acres in Charlotte at Old Statesville Road. Russell Powel, Atapco’s Senior Vice President is listed on the petition for the property at 7535 Old Statesville Rd Charlotte NC 28269. Siteplan Link Petition Link
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Brady Development LLC filed an application with Guildford County on November 2nd, 2023 for a proposed subdivision for Residential Planned Development (RPD) zoning in Summerfield, North Carolina. The application with a preliminary sketch plan is at review with County and the address is listed as 6224 Lake Brandt Road in Summerville. A property search shows […]
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Many industry experts predicted in early 2023 that “the” economy and therefore the construction industry was not going to be so well off. Construction spending went significantly up more than expected in 2023. That supported consistent employment growth. Homebuilder sentiment improves for a second straight month, following drip in mortgage rates This news article was […]
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Get Ready for a 20-story mixed-used project to replace old Diocese of North Carolina, Raleigh. Convexity Properties out of Chicago bought the Diocese building on 200 W. Morgan Street for a bit over $9 million in 2023. This area is currently considered extremely desirable amongst investors. A development hotspot so to speak. Convexity Properties is […]
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Construction and development around Raleigh’s Blue Ridge Corridor is not slowing down any time soon. Trinsic Residential’s project on 1520 Blue Ridge in one of many developments in the pipeline that will be transforming the so-called Blue Ridge Corridor. The project and planning has been in the works for a while and once the City […]
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