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Transactions - AUGUST 23, 2021

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North Carolina developer to deliver 3msf mixed-use project on Eastern Seaboard

by Kali Persall

AdVenture Development is breaking ground on a 3 million-square-foot modern mixed-use project in North Carolina, according to industry sources.

The project known as Eastfield Crossing will feature a business park, medical space, retail space, three hotels, senior living, multifamily, single-family housing and entertainment.

Eastfield Crossing will be a walkable community with trails for walking, jogging and bicycling, and will emphasize farm-to-table and numerous high-tech and smart city amenities, according to the developer’s website. The project also includes a 1 million-square-foot business park, which will be located in the Triangle East Raleigh metro area, the center of the Eastern Seaboard.

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