March 29, 2018

We are pleased to announce that PointOne Holdings, along with our partner Hathaway Development, has started construction of a 316-unit multi-family community development in the high-growth Raleigh-Durham suburb of Holly Springs, North Carolina. The property will feature a mix of three and four-story apartments buildings as well as Carriage units with garages and direct access to the street. 

This is our second multifamily development project to begin in 2018.

Please click here for a copy of the official press release.

The gated community will include elevators in its four-story buildings, a spacious resident clubroom and business center, state-of-the-art fitness center, resort-style pool with outdoor grilling areas, a dog park and spa, detached garages, package concierge service, and bike storage. The Functional and well-designed units will feature high-end finishes such as granite countertops, designer cabinetry, and hardwood style flooring.

Located in the Wake-South/Southwest submarket, the Exchange at Holly Springs will enjoy excellent visibility along the burgeoning Highway 55 corridor as well as excellent walkability to outstanding retail and top-rated schools. In addition, Holly Springs is now served by the recently completed I-540 Triangle Expressway, a major connector providing direct and rapid access in to the Raleigh-Durham Research Triangle. The Project’s location in Holly Springs is just 25 miles from downtown Raleigh, Raleigh-Durham International Airport, and The Research Triangle Park.

The Exchange at Holly Springs apartments will benefit from a very limited supply of comparable quality properties. Holly Springs is predominantly a single-family market with high barriers to entry for multifamily. The limited number of multifamily apartment communities in Holly Springs boast an average occupancy of 95 percent.