Capital Square announced the topping out of a 20-story class A multifamily tower at 320 W. South Street in the Warehouse District of Raleigh, N.C., within a qualified opportunity zone.
Located at the intersection of the Boylan Heights neighborhood, Dorothea Dix Park and downtown Raleigh, the project includes 297 apartment homes, consisting of studios and one-, two- and three-bedroom units, along with 10,500-plus square feet of ground-floor retail space and an adjacent, stand-alone parking structure with more than 400 spaces. Onsite amenities will include a resort-style swimming pool, rooftop lounge, co-working space and state-of-the-art fitness center.
The apartment community is within walking distance of multiple downtown entertainment, bar and restaurant options, as well as the Red Hat Amphitheater and Raleigh Convention Center. Meanwhile, the property's location, adjacent to U.S. 70, offers access to the Research Triangle and North Carolina's well-known educational
