Group plans 248-unit apartment project in Raleigh

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A partnership between Novare Group, Batson-Cook Development Co. and Marble Capital has unveiled construction plans for a 248-unit community in Raleigh.

The joint venture has received a total of $28.8 million in construction financing, according to Wake County records, reports Multi Housing News.

The developer will begin site work next month and expects to finalize the community by the third quarter of 2022.

Construction Enterprises Inc. will serve as the general contractor for the Humphreys & Partners Architects-designed project.

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