Capital Square Begins Construction on $100M Mixed-Use in Raleigh
Glen Allen, VA-based Capital Square has broken ground on 320 West South Street, a mixed-use high-rise apartment tower located in the Warehouse District of Raleigh, NC within a qualified opportunity zone.
JDAVIS Architects is building architect and W. M. Jordan Company is general contractor for the project, which has an approximate development cost of more than $100 million.
The 20-story community will feature 297 apartment homes and more than 10,000 square feet of ground-floor retail space. A double height-resident lobby will lead to approximately 30,000 square feet of amenity space and an attached garage with multiple-floor access. Onsite amenities will include a pool, rooftop lounge, coworking space and fitness center.
Situated at the intersection of the Boylan Heights neighborhood, Dorothea Dix Park and downtown Raleigh, 320 West South Street sits within walking distance of multiple entertainment venues, cultural sites, nightspots, and dining options, as well as the RedHat Amphitheater and Raleigh Convention Center. The property offers access to the Research Triangle along with area universities.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.