Park City South, Raleigh, NC

Sector:

Multifamily

Address:

927 S Saunders St

Stories:

20

Units:

335

Land Acres:

10

Owner:

Kane Realty Corp./Merge Capital

Developer:

Kane Realty Corp.

Estimated Delivery:

Q1 2023

Property Description

Park City South is a mixed-used development next to Dix Park. Phase 1 of the 9.7-acre project is a 335-unit, 20-story residential tower with 18,000 SF of ground level retail and boasting a rooftop lounge and terrace facing Dix. The development features outdoor amenities and walking trails, including a new bridge crossing Rocky Branch Creek. Phase 2 is another 20-story tower, this one including 375 residential units with some ground level retail.

Phase 1 is underway with delivery scheduled for Q1 2023.

Phase 2 is set to begin by the end of the year with completion planned for Q2 2025.