The project is the first for the firm’s new affordable housing development arm.
Avanti Residential Housing and the nonprofit East Carolina Community Development have formed a partnership to develop Battle Bridge Apartments, a $50 million affordable housing community for seniors in Raleigh, N.C. Construction is slated to begin in summer of next year.
Located along Battle Bridge Road, southeast of downtown Raleigh, the 32-acre community will feature 50 quad-style residential buildings with one- and two-bedroom units, with a presumed total of 200 units. The property will include walking paths and sitting areas within its landscaped grounds.
According to the developers, the project prioritizes social services, sustainability and energy-efficient design. The first units are expected to be ready for occupancy in 2027…