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Atlanta & Southeast  + Southeast  + Apartments  | 

HCP to Develop 240-Unit MF Project in North Carolina

Multifamily real estate investment and development firm Hudson Capital Properties (HCP) has announced plans to develop The Hudson at Carolina Colours, a 240-unit multifamily community in New Bern, N.C.

Located within the upscale Carolina Colours single-family home community, the project will consist of 10 garden-style buildings and 264,000 rentable square feet as well as a resort-style clubhouse. The community will be located across from the newly built Harris Teeter Shopping Center within the Carolina Colours golfing community. The site plans also allow for future development of a Phase II component including five additional buildings bordering Waterscape Way and allows for ground-level retail.

“The Hudson at Carolina Colours is poised to set a new standard for multifamily development in New Bern and the surrounding area,” said Robert Cohen II, chief investment officer at HCP. “Notable job and population growth combined with the expansion of the nearby US Navy Marine Corp Air Station Cherry Point have created a strong appetite for highly amenitized rental communities.”

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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