ID PROPERTY UNITS1 Hampton Village of Youngsville Phase III 1202 Fenton at Weston Corners, The 3083 Aster, The 4934 Leigh House 2615 Flats at 540, The 2126 Exchange on Erwin, The 2657 Meridian at Broad Street Market 2168 Mark at Durham One, The 3059 54 Station 26410 Republic Flats 33011 Overture Crabtree 20312 Lofts at Southside Phase II, The 8513 Dakota, The 31414 616 at the Village 20715 Avellan Springs 288
Total Lease-Up 3,87116 Residences at Shelton Station, The 9417 Metropolitan, The 24118 Solis Brightleaf 19419 Bacarra Phase II 20020 Lodge at Croasdaile, The 32021 555 Mangum 40022 Alta Blu 29823 Theory Raleigh 15024 Sorrel Perimeter Park 26225 Dillon, The 26126 Crabtree North 53327 Crowne at Cary Place 19728 Glenwood Place 29229 Lake Crabtree 20030 Dillard Street & Mangum Street 200
Total Under Construction 3,84231 Beacon Ridge 8432 FNB Tower 24233 West Street & Harrington Street 44534 109 Park Avenue 8335 Standard at Raleigh, The 21736 Post Parkside at Wade Phase III 5037 Solis Crabtree Phase II 23238 St. Albans Drive 10039 Swift Creek Station 20040 Meridian at Nichols Plaza 30041 5401 North 110042 Residences at Shiloh Crossing 31843 Alta at Southpoint 5644 Morehead Hills Senior 7545 Cambridge Village at Brier Creek 31646 Exchange II 5047 TW Alexander Place 20348 Glen Lennox Cottages Redevelopment 60049 Timber Hollow Phase II 10650 Pines, The 24051 Spencer Ridge 17052 5708 Farrington 60053 Graduate, The 10054 Amity Station 20455 Grove Park Student 346
Total Planned 6,43756 3404 Page Road 17057 West Academy Street 28858 1800 Rock Quarry Road 18059 City Centre 24260 Longview 17261 400H 21662 Glenwood Avenue & West Peace Street 61663 West 15364 West Phase II 17765 102 Logan 8166 Ligon Building Site 5567 Studio 1912 54
68 Overture Centennial 18069 Trailwood 5070 Hillstone Cameron Village 20171 Homewood Banks 21072 Sterling Glenwood Phase II 5073 Gaddy 32274 North Rogers Lane 21675 Shelbourne Senior 13876 Cary Towne Center 10077 Parkway Place 19878 Hawthorne North Ridge Phase II 30079 Triangle Place Promenade 39280 Veridea 10081 Williams Street 25082 Ashbourne 6483 Weatherstone Spring Phase II 8084 University Marketplace 32485 518 Morehead 12486 Broadstone Durham 34287 218 North Dillard Street 5388 614 Rigsbee Avenue 10089 Bethpage Multifamily 62590 Brier Creek Town Center 60091 Research Triangle Park 35092 Research Triangle Park Phase II 25093 Villages at Ellis Crossing Phase II, The 26494 Obey Creek 30095 1300 Fordham Blvd 27396 Carraway Village 40097 Chartwell 21598 Crown Honda-Volvo Site 32899 Flats at UNC, The 200100 Lloyd Farm 293101 SEC Europa Road & Legion Road 350102 Collins Ridge 326103 Collins Ridge Phase II 326104 Gardens at Addison Place, The 56105 Walton Farms 120106 401 South 177107 Tippet Place 68108 McDougald Terrace Redevelopment 820109 St. Paul Village 71110 Weaver Diary Road 303111 Flynt Fabric Mill 104
Total Prospective 13,017
a Berkshire Hathaway and Leucadia National company
Raleigh-Durham New Construction & Proposed Multifamily Projects
Lease-Up
Under Construction
Planned
Prospective
LEGEND
4Q17
Source: Yardi Matrix10 mi
85 86
8887
108
9291
89
77
8376
82
81
75
69 58
60
65 70 67
66 626463
6168 59
737172
74
105
104106
57
107
80
5693
90
78 79
8496110
9799
94
9598 101
100
109
111
103102
30
1622
24
26
28
23
17
25
29
19
27
21
18
20
6
812
9
10
3
5
7
2
13
4
4
1
14
11
15
44
49
5453
48 52
42
40
36
41
51
31
34
32
33
37
35
38
39
50
46
4745
4355
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
1 Hampton Village of Youngsville Phase III 418 Hampton Lane Youngsville NC 27596 Lease-Up 120 Louisburg 12/01/2016 12/31/2018 03/01/2017
2 Fenton at Weston Corners, The 6000 Elevate Circle Cary NC 27513 Lease-Up 308 North Cary 06/01/2016 09/30/2018 11/01/2017
3 Aster, The 3025 Alston Manor Street Cary NC 27519 Lease-Up 493 Morrisville 12/31/2016 09/30/2018 10/20/2017
4 Leigh House 2421 Landmark Drive Raleigh NC 27607 Lease-Up 261 Laurel Hills 05/31/2016 06/30/2018 10/01/2017
5 Flats at 540, The 4001 Reedybrook Crossing Apex NC 27523 Lease-Up 212 Morrisville 12/31/2016 06/30/2018 08/07/2017
6 Exchange on Erwin, The 2610 Erwin Road Durham NC 27705 Lease-Up 265 Duke University 12/31/2016 06/30/2018 03/28/2017
7 Meridian at Broad Street Market 404 Broad Street Fuquay-Varina NC 27526 Lease-Up 216 Fuquay-Varina 01/01/2017 04/30/2018 07/01/2017
8 Mark at Durham One, The 504 East Pettigrew Street Durham NC 27701 Lease-Up 305 Hope Valley 11/02/2015 03/31/2018 06/01/2017
9 54 Station 1415 East State Highway 54 Durham NC 27713 Lease-Up 264 Lowes Grove 12/31/2016 03/31/2018 06/01/2017
10 Republic Flats 800 Finsbury Street Durham NC 27703 Lease-Up 330 Lowes Grove 09/01/2016 03/31/2018 06/01/2017
11 Overture Crabtree 4408 Marriott Drive Raleigh NC 27612 Lease-Up 203 Crabtree Valley 11/30/2016 03/31/2018 02/28/2017
12 Lofts at Southside Phase II, The East Lakewood Avenue & South Roxboro Street Durham NC 27707 Lease-Up 85 Hope Valley 12/01/2016 01/31/2018 09/01/2017
13 Dakota, The 1201 Pine Haven Drive Raleigh NC 27607 Lease-Up 314 Westover 09/30/2016 01/31/2018 08/01/2017
14 616 at the Village 616 Oberlin Road Raleigh NC 27605 Lease-Up 207 Ridgewood 01/15/2015 01/31/2018 12/12/2016
15 Avellan Springs 4551 Crown Pkwy Morrisville NC 27560 Lease-Up 288 Reasearch Triangle 10/29/2013 01/31/2018 10/01/2014
TOTAL LEASE-UP 3,871
16 Residences at Shelton Station, The 500 North Greensboro Street Carrboro NC 27510 Under Construction 94 Chapel Hill 11/30/2017 10/31/2019
17 Metropolitan, The 314 West Jones Street Raleigh NC 27603 Under Construction 241 Oakwood 09/28/2016 07/31/2019
18 Solis Brightleaf 1005 West Main Street Durham NC 27701 Under Construction 194 Downtown Durham 07/31/2017 04/30/2019
19 Bacarra Phase II 6300 Western Blvd Raleigh NC 27606 Under Construction 200 Westover 09/30/2017 12/31/2018
20 Lodge at Croasdaile, The Hillandale Road & Horton Road Durham NC 27705 Under Construction 320 Huckleberry Springs 02/28/2017 12/31/2018
21 555 Mangum Jackie Robinson Drive & Mangum Street Durham NC 27701 Under Construction 400 Duke University 08/31/2017 12/31/2018
22 Alta Blu Davis Drive & Interstate 40 Chapel Hill NC 27709 Under Construction 298 Reasearch Triangle 08/31/2017 12/31/2018
23 Theory Raleigh 1505 Hillsborough Street Raleigh NC 27605 Under Construction 150 Hinton 04/06/2017 09/30/2018
24 Sorrel Perimeter Park 3045 Carrington Mill Blvd Morrisville NC 27560 Under Construction 262 Lowes Grove 03/31/2017 06/30/2018
25 Dillon, The 401 West Hargett Street Raleigh NC 27601 Under Construction 261 Downtown Raleigh 02/01/2016 04/30/2018
26 Crabtree North Glenwood Avenue & Lead Mine Road Raleigh NC 27612 Under Construction 533 Crabtree Valley 01/04/2017 03/31/2018
27 Crowne at Cary Place 4000 Cary Glen Blvd Cary NC 27519 Under Construction 197 Morrisville 12/31/2016 03/31/2018
28 Glenwood Place 3310 Woman's Club Drive Raleigh NC 27612 Under Construction 292 Laurel Hills 01/03/2017 02/28/2018
29 Lake Crabtree 2599 Evans Road Morrisville NC 27560 Under Construction 200 Morrisville 08/01/2016 01/31/2018
30 Dillard Street & Mangum Street Dillard Street & Mangum Street Durham NC 27707 Under Construction 200 Hope Valley 01/11/2017 01/31/2018
TOTAL CONSTRUCTION 3,842
31 Beacon Ridge 1440 Rock Quarry Road Raleigh NC 27610 Planned 84 Downtown Raleigh
32 FNB Tower 501 Fayetteville Street Raleigh NC 27601 Planned 242 Downtown Raleigh
33 West Street & Harrington Street North Harrington Street & North West Street Raleigh NC 27603 Planned 445 Oakwood
34 109 Park Avenue 109 Park Avenue Raleigh NC 27605 Planned 83 Hinton
35 Standard at Raleigh, The 3101 Hillsborough Street Raleigh NC 27607 Planned 217 Hinton
36 Post Parkside at Wade Phase III 5430 Wade Park Blvd Raleigh NC 27607 Planned 50 Westover
37 Solis Crabtree Phase II 4501 Blue Ridge Road Raleigh NC 27612 Planned 232 Laurel Hills
38 St. Albans Drive 3450 Quail Hollow Drive Raleigh NC 27609 Planned 100 Millbrook
39 Swift Creek Station Old Stage Road & Vandora Springs Road Garner NC 27603 Planned 200 Garner
40 Meridian at Nichols Plaza Pine Plaza Drive & Summit Lake Drive Apex NC 27523 Planned 300 South Cary
41 5401 North 6368 Louisburg Road Raleigh NC 27616 Planned 1100 New Hope
42 Residences at Shiloh Crossing 1100 Shiloh Glenn Drive Morrisville NC 27560 Planned 318 Morrisville
43 Alta at Southpoint Audubon Lake Circle & Johnson Victory Circle Durham NC 27713 Planned 56 Woodcroft
44 Morehead Hills Senior 500 Cobb Street Durham NC 27701 Planned 75 Duke University
45 Cambridge Village at Brier Creek Brier Creek Pkwy & TW Alexander Drive Brier Creek NC 27617 Planned 316 Reasearch Triangle
46 Exchange II 9200 Bruckhaus Street Raleigh NC 27617 Planned 50 Reasearch Triangle
47 TW Alexander Place 7651 ACC Blvd Raleigh NC 27617 Planned 203 Reasearch Triangle
48 Glen Lennox Cottages Redevelopment 5 Hamilton Road Chapel Hill NC 27517 Planned 600 Chapel Hill
49 Timber Hollow Phase II 101 Timber Hollow Court Chapel Hill NC 27514 Planned 106 Chapel Hill
50 Pines, The 42 Glen Laurel Road Clayton NC 27527 Planned 240 Outlying Johnston County
51 Spencer Ridge NEC Falls of Neuse Road & Raven Ridge Road Raleigh NC 27614 Planned 170 Neuse Crossroads
52 5708 Farrington 5708 Farrington Road Chapel Hill NC 27517 Planned 600 Colony Park
53 Graduate, The 106 Mallette Street Chapel Hill NC 27516 Planned 100 Carrboro
54 Amity Station 322 West Rosemary Street Chapel Hill NC 27516 Planned 204 Chapel Hill
55 Grove Park Student 425 Hillsborough Street Chapel Hill NC 27514 Planned 346 Chapel HillTOTAL PLANNED 6,437
Source: Yardi Matrix
Raleigh-Durham New Construction and Proposed Multifamily Projects
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
56 3404 Page Road 3405 Page Rd Morrisville NC 27560 Prospective 170
57 West Academy Street 1205 W Academy St Fuquay-Varina NC 27526 Prospective 288
58 1800 Rock Quarry Road 1800 Rock Quarry Road Raleigh NC 27610 Prospective 180 Downtown Raleigh
59 City Centre 301 Hillsborough Street Raleigh NC 27603 Prospective 242 Downtown Raleigh
60 Longview 101 Poe Drive Raleigh NC 27610 Prospective 172 Downtown Raleigh
61 400H Hillsborough Street & North West Street Raleigh NC 27603 Prospective 216 Oakwood
62 Glenwood Avenue & West Peace Street Glenwood Avenue & West Peace Street Raleigh NC 27603 Prospective 616 Oakwood
63 West 413 North Harrington Street Raleigh NC 27603 Prospective 153 Oakwood
64 West Phase II 437 North Harrington Street Raleigh NC 27603 Prospective 177 Oakwood
65 102 Logan 102 Logan Court Raleigh NC 27607 Prospective 81 Ridgewood
66 Ligon Building Site 800 St. Marys Street Raleigh NC 27605 Prospective 55 Ridgewood
67 Studio 1912 1912 Hillsborough Street Raleigh NC 27607 Prospective 54 Ridgewood
68 Overture Centennial Bilyeu Street & Western Blvd Raleigh NC 27606 Prospective 180 Hinton
69 Trailwood 1820 Trailwood Drive Raleigh NC 27606 Prospective 50 Wynnewood
70 Hillstone Cameron Village Hillsborough Street & Maiden Lane Raleigh NC 27607 Prospective 201 Westover
71 Homewood Banks 5510 Homewood Banks Drive Raleigh NC 27612 Prospective 210 Laurel Hills
72 Sterling Glenwood Phase II Swann Street & Varnell Avenue Raleigh NC 27612 Prospective 50 Laurel Hills
73 Gaddy 500 St. Albans Drive Raleigh NC 27609 Prospective 322 Crabtree Valley74 North Rogers Lane 300 North Rogers Lane Raleigh NC 27610 Prospective 216 Wilders Grove
75 Shelbourne Senior 7000 Regency Pkwy Cary NC 27518 Prospective 138 Piney Plains
76 Cary Towne Center 1105 Walnut Street Cary NC 27511 Prospective 100 South Cary
77 Parkway Place NW Cary Pkwy & Evans Road Cary NC 27513 Prospective 198 North Cary
78 Hawthorne North Ridge Phase II 6615 The Lakes Drive Raleigh NC 27609 Prospective 300 Lynn
79 Triangle Place Promenade 6100 Triangle Town Blvd Raleigh NC 27616 Prospective 392 Neuse Crossroads
80 Veridea SWC East Williams Street & U.S. Highway 1 Apex NC 27502 Prospective 100 Feltonville
81 Williams Street 1528 East Williams Street Apex NC 27539 Prospective 250 Feltonville
82 Ashbourne 2540 High House Road Cary NC 27519 Prospective 64 Morrisville
83 Weatherstone Spring Phase II 200 Weather Ridge Lane Cary NC 27513 Prospective 80 Morrisville
84 University Marketplace 3117 Shannon Road Durham NC 27707 Prospective 324 Hope Valley
85 518 Morehead 518 Morehead Avenue Durham NC 27707 Prospective 124 Duke University
86 Broadstone Durham 600 Willard Street Durham NC 27701 Prospective 342 Duke University
87 218 North Dillard Street 218 North Dillard Street Durham NC 27701 Prospective 53 Downtown Durham
88 614 Rigsbee Avenue 614 Rigsbee Avenue Durham NC 27701 Prospective 100 Downtown Durham
89 Bethpage Multifamily 3650 Page Road Durham NC 27703 Prospective 625 Reasearch Triangle
90 Brier Creek Town Center 8040 Arco Corporate Drive Raleigh NC 27617 Prospective 600 Reasearch Triangle
91 Research Triangle Park Davis Drive & East Cornwallis Road Triangle NC 27709 Prospective 350 Reasearch Triangle
92 Research Triangle Park Phase II Davis Drive & East Cornwallis Road Triangle NC 27709 Prospective 250 Reasearch Triangle
93 Villages at Ellis Crossing Phase II, The 400 Advancement Avenue Durham NC 27703 Prospective 264 Reasearch Triangle
94 Obey Creek U.S. Highway 15 & Market Street Chapel Hill NC 27517 Prospective 300 Carrboro
95 1300 Fordham Blvd 1300 Fordham Blvd Chapell Hill NC 27514 Prospective 273 Chapel Hill
96 Carraway Village 3000 Eubanks Road Chapel Hill NC 27516 Prospective 400 Chapel Hill
97 Chartwell 850 North Estes Drive Chapel Hill NC 27514 Prospective 215 Chapel Hill
98 Crown Honda-Volvo Site 1711 Legion Road Chapel Hill NC 27517 Prospective 328 Chapel Hill
99 Flats at UNC, The 617 Martin Luther King Jr. Blvd Chapel Hill NC 27514 Prospective 200 Chapel Hill
100 Lloyd Farm NEC Highway 54 & Old Fayetteville Road Carrboro NC 27510 Prospective 293 Chapel Hill
101 SEC Europa Road & Legion Road SEC Europa Road & Legion Road Chapel Hill NC 27517 Prospective 350 Chapel Hill
102 Collins Ridge Daniel Boone Street & White Pine Trail Hillsborough NC 27278 Prospective 326 Hillsborough
103 Collins Ridge Phase II Daniel Boone Street & White Pine Trail Hillsborough NC 27278 Prospective 326 Hillsborough
104 Gardens at Addison Place, The 500 South Boling Street Clayton NC 27520 Prospective 56 Clayton
105 Walton Farms 3131 Covered Bridge Road Clayton NC 27527 Prospective 120 Clayton
106 401 South 9408 Fayetteville Road Raleigh NC 27603 Prospective 177 Fuquay-Varina
107 Tippet Place 778 Tippet Road Angier NC 27501 Prospective 68 Smithfield
108 McDougald Terrace Redevelopment 1101 East Lawson Street Durham NC 27701 Prospective 820 Hope Valley
109 St. Paul Village 1604 Purefoy Drive Chapel Hill NC 27516 Prospective 71 Chapel Hill
110 Weaver Diary Road State Highway 86 & Weaver Dairy Road Chapel Hill NC 27514 Prospective 303 Chapel Hill
111 Flynt Fabric Mill 202 South Nash Street Hillsborough NC 27278 Prospective 104 HillsboroughTOTAL PLANNED 13,017
TOTAL RALEIGH-DURHAM 27,167
Source: Yardi Matrix
Raleigh-Durham New Construction and Proposed Multifamily Projects
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