Project · Raleigh, NC · Updated yesterday
East Cabarrus Redevelopment affordable housing
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Sourced from Raleigh meeting, Jun 16, 2026. ZoneWire tracks 73 projects in Raleigh, NC, updated within 24h of every meeting.
Where this stands
28 affordable units at 60% AMI or less on three small city-owned parcels (~12,000 sq ft), three stories, ~100 units per acre; includes 8 supportive housing units and 3 Wake County rental assistance units; microsuite model with one and two bedroom units; ~$150,000 per unit development cost; total city subsidy $1,239,762; loan commitments from NC Housing Finance Agency and Wake County; ground lease no less than 75 years. Principals Stuart Cullinan with architect Will Choi and Eliza Choi of Choi and Montgomery.
- Project
- East Cabarrus Redevelopment affordable housing
- Asset class
- Residential
- Developer
- Local Post
- Location
- corner of Cabarrus and East Street, downtown Raleigh
- Scale
- 12,000 sq ft
- County
- Raleigh, NC
- Jurisdiction
- Raleigh
- Current status
- Approved
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East Cabarrus Redevelopment affordable housing
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