National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Construction Begins on $350M Raleigh-Durham MXU Development
Eco Group, a joint venture of Kirk Bradley of Lee-Moore Capital Company and John Fugo of Montgomery, has officially launched the construction of MOSAIC, a 136-acre, $350 million mixed-use development in the Raleigh-Durham metro.
The project is located in Chatham County, nearby downtown Pittsboro, N.C. Tenants already announced at the development include Town Hall Burger + Beer, and People’s Coffee. Additional service amenities are also expected from tenants such as the Aveda Day Spa and Salon and UNC Urgent Care. The development will also offer urban apartments for lease and condos for purchase, as well as a 114-room hotel.
Phase I of MOSAIC, a 44-acre, $180 million entertainment and lifestyle destination, is expected to be completed in 2023.
“MOSAIC is poised to invigorate residents and patrons alike with a dynamic, vibrant environment that offers shopping, dining, working, learning and living opportunities within a well-designed, purposefully-planned and aesthetically-pleasing destination,” said Kirk Bradley, co-developer at Eco Group.
For comments, questions or concerns, please contact David Cohen
- ◦Development
