Capital Square Announces Groundbreaking of 320 West South Street Apartment Tower in Raleigh Opportunity Zone
Retrieved on:
Thursday, June 9, 2022
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The 20-story, high-rise community will feature 297 apartment homes and more than 10,000 square feet of ground-floor retail space.
Key Points:
- The 20-story, high-rise community will feature 297 apartment homes and more than 10,000 square feet of ground-floor retail space.
- Situated at the intersection of the Boylan Heights neighborhood,Dorothea Dix Parkand downtownRaleigh, 320 West South Street will be one of only a handful of luxury apartment communities in the downtown submarket.
- "320 West South Street will provide residents uncanny views of the downtown Raleigh skyline and Red Hat Amphitheater."
- Development of 320 West South Street will be primarily funded with proceeds from Capital Square's sixth qualified opportunity zone fund, CSRA Opportunity Zone Fund VI, LLC, which raised more than $48 million from accredited investors.