HKJ starts a new multifamily community calling for 216 garden-style apartments across nine buildings and a clubhouse located in northeast Raleigh designated for the development of the Wakefield Apartments.
Raleigh continues to be a hot multifamily market and developments are continuing to move forward as society eases out of the pandemic. The new apartments join a number of proposed residential projects and developments underway in Raleigh.
In an article written by Caleb Harshberger, a staff writer for Triangle Business Journal, dated Jul 23, 2020, the following was stated, “Altogether, the apartments will feature 138 one-bedroom apartments and 78 two-bedroom apartments across 266,610 square feet. The clubhouse and buildings one through six will be three stories tall, and buildings seven through nine will be four stories tall, according to the plans.” https://www.bizjournals.com/triangle/news/2020/07/23/charlotte-group-buys-land-for-raleigh-apartments.html
“Madison Capital is a great repeat client, and we are thankful for the opportunity to be their contracting team member on this project. We expect this project to move along quickly and be another success for Madison Captial.”, says Scott Niebauer – Director of Business Development of Harold K. Jordan & Co.
Site work and utilities are in progress.