Raleigh, N.C. — The Seaboard Station in downtown Raleigh, near William Peace University, will be home to a 7-story, high-rise residential building with some local businesses inside.
New plans were announced by the developer, Hoffman & Associates, on Thursday, that show a bustling area for young adults to live, eat and shop. The first apartment building, that will be built at 721 Halifax Street, will be called “The Signal,” and developers said it was inspired by the project’s “unique historic location.”
The Signal’s website does not say how much an average bedroom would cost per month, but it does feature many luxury amenities on par with other apartment complexes in downtown Raleigh that cost upwards of $1,700 a month for a studio apartment.
The first apartment complex to be built by Hoffman & Associates will feature 298 units, according to a press release sent out to media on Thursday, and it will be the first of three apartment complexes in Seaboard Station.
Seaboard Station will also feature an underground parking deck, according to developers.
The goal of this development is to be a pedestrian-friendly connector to “seamlessly connect” Person Street, Glenwood Avenue and William Peace University, the press release said.
The first residents will move into The Signal this fall. The second part of the project will begin in summer 2024, a spokesperson for Hoffman & Associates said.
Hoffman & Associates is not affiliated with Turnbridge Equities, the developer who is building across the street from Hoffman & Associates along Seaboard Station Drive on historic property.
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