On September 7, Carolina Commercial Contractors, in collaboration with Lee Moore Capital Company, broke ground on Medley Northwood Landing, a 312-unit garden apartment community in Pittsboro, N.C.
The 92-acre Northwood Landing is also home to a 62,000-sf shopping center anchored by a 44,000-sf Lowes Foods supermarket. The shopping center, which opened last June, has 10 outparcels for commercial and retail use, five of which have been leased by tenants that include national brands Dunkin’ and Zaxby’s.
Northwood Landing is across U.S. 501 from MOSAIC, a 44-acre $180 million entertainment and lifestyle destination that is also a gateway to the 8,500-acre Chatham Park master-planned community that is slated to have 22,000 homes and 22 million sf of constructed space. Chatham Park, which began construction in 2014 with the UNC Medical office building, is projected to be completed by 2040. (Preston Development Company, Chatham Park’s developer, also controls 1,000 adjacent acres that could be used for future expansion.)
Currently, Chatham Park has homes for sale in MOSAIC (condos and apartments), and in Vineyards, where 11 single-family and townhome builders are actively selling houses. A third community under development, called Encore, will be Chatham Park’s first active-adult-targeted neighborhood.
Combined with Northwood Landing, MOSAIC, and Penguin Place (another three-building 14,000-sf retail and restaurant space that debuted in 2017), Chatham Park will have 2 million sf of commercial area.
A growing market in need of housing
Two 36-apartment buildings at Medley are under construction and scheduled for completion by next spring. When Medley is built out, it will include 112 one-bedroom, 165 two-bedroom, and 36 three-bedroom apartments. Among its amenities are include garage parking, a pool pavilion with sundeck, a fitness center, golf simulator, and onsite staff and maintenance.
Along with Carolina Commercial Contractors, the Building Team for Medley has included CE Group (civil engineering), Sanford Contractors (horizontal construction), and Finley Design PA. Medley is being built in Chatham County, near the Raleigh-Durham metroplex, one of the fastest-growing counties in North Carolina.
Of the 10 outparcels at Northwood Landing, three have been sold and are under development: Lot 5 (a 2,100-sf Dunkin’, a 4,849-sf First Health clinic, and 2,750-sf Haw River Veterinarian animal hospital); Lot 4 (a 3,162- ft, 72-seat Zaxby’s casual restaurant); and Lot 9 (Huby’s Car Wash). Lot 3 also has a letter of intent to lease from Chase Bank, and a private school reportedly is considering renting one of the other lots. Several national retailers, quick-service restaurants, and service providers are looking at the balance of the sites.
Related Stories
| Aug 31, 2022
A mixed-use development in Salt Lake City provides 126 micro units with mountain views
In Salt Lake City, a new 130,000-square-foot development called Mya and The Shop SLC, designed by EskewDumezRipple, combines housing with coworking space, retail, and amenities, as well as a landscaped exterior for both residents and the public.
| Aug 15, 2022
Boston high-rise will be largest Passive House office building in the world
Winthrop Center, a new 691-foot tall, mixed-use tower in Boston was recently honored with the Passive House Trailblazer award.
Mixed-Use | Jul 21, 2022
Former Los Angeles Macy’s store converted to mixed-use commercial space
Work to convert the former Westside Pavilion Macy's department store in West Los Angeles to a mixed-use commercial campus recently completed.
Mixed-Use | Jul 18, 2022
Mixed-use development outside Prague uses a material made from leftover bricks
Outside Prague, the Sugar Factory, a mixed-used residential development with public space, marks the largest project to use the sustainable material Rebetong.
Mixed-Use | May 19, 2022
Seattle-area project will turn mall into residential neighborhood
A recently unveiled plan will transform a 463,000 sf mall into a mixed-use destination site in the Seattle suburb of Bellevue, Wash.
Building Team | May 18, 2022
Bjarke Ingels-designed KING Toronto releases its final set of luxury penthouses
In April 2020, a penthouse at KING Toronto sold for $16 million, the highest condo sale in Toronto that year or the year after.
Building Team | May 6, 2022
Atlanta’s largest adaptive reuse project features cross laminated timber
Global real estate investment and management firm Jamestown recently started construction on more than 700,000 sf of new live, work, and shop space at Ponce City Market.
Mixed-Use | Apr 26, 2022
Downtown Phoenix to get hundreds of residential and student housing units
In fast-growing Phoenix, Arizona, a transit-oriented development called Central Station will sit adjacent to Arizona State University’s Downtown Phoenix campus.
Mixed-Use | Apr 22, 2022
San Francisco replaces a waterfront parking lot with a new neighborhood
A parking lot on San Francisco’s waterfront is transforming into Mission Rock—a new neighborhood featuring rental units, offices, parks, open spaces, retail, and parking.
Wood | Apr 13, 2022
Mass timber: Multifamily’s next big building system
Mass timber construction experts offer advice on how to use prefabricated wood systems to help you reach for the heights with your next apartment or condominium project.
