After years of legal wrangling and shelved plans, developers have offered the first glimpse of a massive mixed-use development coming to Apex.
New York-based real estate developer RXR this week released renderings for Veridea , a “live-work-play” community planned for roughly 1,100 acres between U.S. Highway 1 and N.C. 540, along N.C. 55.
The designs, seven in all, show a sprawling, amenity-rich “mini-city,” two miles south of downtown Apex, and about 20 minutes from RTP and neighbors Cary and Morrisville.
“We look to build in ‘superstar regions’ like Apex,” said RXR’s executive vice president Joseph Graziose, in a press release. “We’re excited to take this step.”
Veridea is RXR’s first project in North Carolina.
Phase one involves building 1,100 single-family houses and townhomes, and 550 out of 1,500 multifamily units with first-floor retail in the community’s East Village.