Wood Partners, PGIM Real Estate break ground on residential community in Raleigh, N.C.

Wood Partners and PGIM Real Estate announced groundbreaking of the partnership’s residential community, Alta Town Center. With construction underway, the community is scheduled to officially open in fall 2023 with pre-leasing to begin in summer 2023.

Located on Town Center Drive in one of Raleigh’s fastest-growing areas, Alta Town Center will provide immediate access to nearby Interstate 540 and Capital Boulevard, enabling residents to travel throughout the Triangle area with ease. Within minutes of the property, top retail locations — including Triangle Town Center Mall, Poyner Place and Plantation Point — will offer a wide range of retail and dining options for future residents. As a result of the area’s ongoing development, residents will have numerous employment opportunities nearby, including communications leader Bandwidth, as well as Apple, Google, Fidelity and Fujifilm, all of which are constructing new campuses in the Raleigh area.

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