Edgewater Commons, Raleigh, NC
Sector:
Multifamily
Address:
5000 Raleigh Beach Rd
Stories:
5
Units:
301
Total Square Feet:
200,000
Land Acres:
13.1
Owner:
APG Capital
Developer:
APG Capital
Estimated Delivery:
Q2 2024
Property Description
Edgewater Commons is a ±60-acre master-planned mixed-use development at the corner of Rogers Lane and New Bern Avenue in Raleigh. APG Capital has broken ground on Phase I, which will feature 301 apartment units spanning nine buildings of up to five stories. The following phase of development will include construction of 105 townhomes on 9.7 acres. Future phases will include a 120,00 SF neighborhood commercial center situated on 19 acres, and a 2-acre outparcel designated as retail or office use. There is additional land held for future development bordering the Greenway system with scenic views of the Neuse River.
Phase 1 apartments are expected to deliver Q2 2024.
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