Salisbury Square, Raleigh, NC

Sector:

Multifamily

Address:

700 S Salisbury St

Stories:

20

Units:

304

Total Square Feet:

212,800

Land Acres:

5

Owner:

Salisbury Square Tower One LLC

Developer:

Dominion Realty Partners

Estimated Delivery:

Q2 2024

Property Description

Salisbury Square, is a multi-phase, multi-tower development at 700 S Salisbury Street in Raleigh. Phase 1 plans include a 304-unit residential tower, a four-story 62-unit residential building, and parking deck. The residential tower will include commercial and office space. The four-story building will be wrapped around the parking deck. Dogwood State Bank will move its headquarters into Phase 1 space per an announcement from the developers.

Phase 2 includes a second tower that will bring the total multi-family units to over 600. A parcel has also been set aside for hotel development at a later date.

Phase 1 is underway with delivery estimated for Q2 2024.