North Carolina

DURHAM, N.C. — AvalonBay Communities is currently underway on the development of Avalon Oakridge, a 930-unit project located along Durham-Chapel Hill Boulevard in Durham. The developer broke ground on phase I of the project, which will comprise 459 apartments, earlier this year. The first move-ins are expected to begin in the fall of 2026.  Additionally, AvalonBay Communities has acquired 7.8 acres from Beacon Properties Group for Phases II and III of the development, which will comprise a further 471 apartment units.  Chester Allen, Howard Jenkins and Tiffany Hilburn of CBRE …

CHAPEL HILL, N.C. — Beechwood Carolinas, a division of The Beechwood Organization, has broken ground on South Creek, a 120-acre mixed-use project in Chapel Hill. The development site is located at 119 US Highway 15 501 S. Once completed, the project will offer 92 apartments, as well as 606 condominiums, 100 townhomes, 52,000 square feet of retail space and an 80-acre nature preserve with walking trails. Planned amenities include a fitness center, multiple club and lounge areas, dog park, fire pits, electric vehicle charging stations and bike parking spaces. Beechwood Carolinas …

CHARLOTTE, N.C. — Trammell Crow Co. has been selected to develop the first phase of Iron District, a 55.5-acre mixed-use project in the Uptown and South End neighborhoods of Charlotte. A subsidiary of Charlotte Pipe and Foundry Co. doing business as Iron District LLC selected Trammell Crow Co. as the developer of the project. Trammell Crow Co. will also assist in the master planning for the overall development. The project team also includes LandDesign, S9 Architecture and Of Place. Upon completion, the first phase of Iron District will feature 500 …