Northwood plans mixed-use building project at 6-acre site in Durham

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A private developer group acquired a prominent 6.1-acre site next to the Durham Bulls Athletic Park in downtown Durham, where it plans to build a dense, urban mixed-use building.

Charlotte-based Northwood Ravin paid $11.7 million to Durham-based Scientific Properties for the Van Alen property, formerly the Elkins Chrysler auto dealership lot, reports Triangle Business Journal.

Northwood Ravin has not disclosed any renderings or site plans yet for the property. According to Northwood Ravin president David Ravin, the company purchased the site as a long-term land acquisition.

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