Raleigh residents will soon have more housing choices
July 24, 2013 by Mark
A new apartment complex is now under construction in Durham, and is slated to be ready for occupancy in Fall 2014.
Crescent Main Street, a project undertaken by Crescent Communities, a Charlotte company, will cost $41m to finish. It is the third project that Crescent is developing in the Triangle – the nickname given to the Raleigh-Durham-Chapel Hill area. The company is also working on Crescent Cameron Village, located in Durham, and Crescent Ninth Street in Raleigh. Both of these developments should be ready for occupants this fall.
The units in Crescent Main Street will be larger and more luxurious than is typical in most apartments, according to Ben Collins of Crescent. The complex will have 208 apartments, with some of the two-bedroom units boasting as much as 2,000 square feet of living space. Collins says the group’s research has shown there is growing interest in larger spaces, particularly among young professionals. Many of the apartments have dens included, as well as several amenities, and the new complex will feature some of the largest rental spaces in the area. The complex appeals to renters not only because of the size of the apartments, but also because it is handily place in proximity to the Duke University Medical Campus.
The developer wants to attract tenants, so it could work with brochure printers to create a mailer for current renters, using drawings to show the new units, and describing the complex’s amenities and the advantages of its location.