Samet Chosen to Manage 1,100 Acre NC Mixed-Use Project
RXR, the master planner of Veridea, the 1,100-acre mixed-use development in Apex, N.C., has announced that Samet Corporation will manage construction for the project. Samet will provide pre-construction and construction management services for Phase I in 2024. At completion, Phase I will include approximately 500 multifamily units, 1,100 single-family and townhomes and more than 100,000 square feet of retail, restaurant, and commercial space. (photo of another Samet project in Apex, Sweetwater)
Veridea is located two miles south of historic downtown Apex. RXR will begin Phase I of development in early 2024 with new roadways, infrastructure and utilities before work begins on multifamily units toward the end of the year.
At final buildout, the mixed-use development will include up to 8,000 residential units, 3.5 million square feet of retail, hospitality and civic space, 12 million square feet of commercial space, and 340,000 square-foot Wake Technical Community College. (photo of another Samet project in Apex, Sweetwater)
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.