Plans unveiled for $1 billion development in Raleigh

After decades of planning and preparation, a real estate company has unveiled its master plans for a $1 billion mixed-use "city within a city" project in Raleigh. Raleigh-based Dewitt Carolinas has released its designs for Midtown Exchange — a massive mixed-use project situated on 40 acres in midtown Raleigh. Upon completion, the project will feature 915,000 square feet of commercial space, 1,575 residential units — including multifamily units and senior living — and 300 hotel rooms. The…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/11/15/plans-unveiled-for-1-billion-development-in.html?ana=RSS&s=article_search