Property
Davis Park East
Location
Durham, North Carolina
Size
403 Units
Status
Currently Marketing
Type
JV Equity Raise

Davis Park East

BlueGate Partners has been engaged on an exclusive basis by Lee Property Group and PB ventures to secure joint-venture equity and construction financing for Davis Park East, a to-be-developed, high-tech AA+ mixed-use community in the heart of the Research Triangle in Durham, North Carolina.


The Project sits in one of the fastest growing population centers in the country and will contain 403 rental units catering to millennials and young families that are employed with high paying jobs in nearby tech companies. The Project will also contain 25,010 square feet of commercial space to accommodate the community. The 19.22 acre Site is adjacent to the Research Triangle Park and is part of a 93-acre master-planned community that will include luxury for-sale townhomes, apartment rentals, a luxury hotel, planned commercial space, and roadway infrastructure improvements. The Site is fully approved and shovel ready.