The Nexus, Raleigh, NC

Sector:

Office

Address:

215 S McDowell St

Stories:

20

Total Square Feet:

319,995

Land Acres:

3

Owner:

Phoenix III Of Raleigh LLC

Developer:

Acquisition Group, Inc.

Estimated Delivery:

Q2 2024

Property Description

The Nexus is a proposed new office tower in Raleigh featuring 319,995 SF of office space and 48,000 SF of retail space. The tower overlooks Nash Square and in March 2022 was rezoned to allow for up to 40 stories of development. Current plans are for a 20-story building. The Nexus has a companion tower, The Nash, with 108 residential units planned.

Construction is scheduled to begin Q1 2023 and deliver Q2 2024.