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
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.
Office Buildings | Apr 11, 2022
SOM-designed office tower aims to promote health and wellness
Skidmore, Owings & Merrill (SOM) recently completed work on 800 Fulton Market, a new mixed-use office building in Chicago’s historic Fulton Market/West Loop neighborhood.
Multifamily Housing | Mar 29, 2022
Here’s why the U.S. needs more ‘TOD’ housing
Transit-oriented developments help address the housing affordability issue that many cities and suburbs are facing.
Multifamily Housing | Feb 24, 2022
First new, mixed-use high-rise in Detroit’s central business district in nearly 30 years opens
City Club Apartments completed two multifamily projects in 2021 in downtown Detroit including the first new, mixed-use high-rise in Detroit’s central business district in nearly 30 years.
Office Buildings | Feb 23, 2022
The Beam on Farmer, Arizona’s first mass timber, multi-story office building tops out
The Beam on Farmer, Arizona’s first mass timber, multi-story office building, topped out on Feb. 10, 2022.
Mixed-Use | Feb 9, 2022
David Chipperfield Architects to design Schützenstraße mixed-use development in Munich
The firm recently won a competition for the project.
Mixed-Use | Jan 13, 2022
Details unveiled for Atlanta’s Campus 244 mixed-use development
S9 Architecture is designing the project.