#United States #Raleigh #Avanti Residential #Battle Bridge #ECCDI

New Affordable Senior Living Project in Raleigh

In a significant step towards enhancing affordable housing, East Carolina Community Development, Inc. (ECCDI), a nonprofit based in North Carolina, has teamed up with Avanti Residential, a prominent multifamily housing investor and operator, to develop the Battle Bridge Senior Apartments. This new project is set to break ground in the summer of 2026 and will specifically cater to seniors aged 55 and above in Raleigh, North Carolina.

Project Overview

The Battle Bridge Apartments will rise on a spacious 32-acre site situated along Battle Bridge Road, close to downtown Raleigh. This affordable housing community will feature 50 quad-style residential buildings comprising one- and two-bedroom units, along with a central clubhouse. The design emphasizes sustainability, energy efficiency, and incorporates various social services aimed at improving the quality of life for its residents.

The projected cost for the development is around $50 million, a figure that reflects the commitment to creating a high-quality living environment for seniors. Construction operations are subject to obtaining final local approvals, which appears to be on track. The first units are anticipated to be ready for occupancy in 2027, fulfilling a crucial need for accessible and affordable housing in the region.

Support from Local Authorities

Keith Walker, President and CEO of ECCDI, expressed gratitude for the ongoing support from various local entities, including the City of Raleigh, Wake County, and the North Carolina Housing Finance Agency (NCHFA). Walker stated, "This project has been two years in the making, and we're grateful for the steadfast support... Together, we can ensure our seniors can live in the affordable, high-quality housing they deserve."

Christopher Martiner, the Managing Partner of Avanti Residential Housing, added, "Avanti is proud to collaborate with ECCDI to create an exceptional living environment for seniors. This project underscores Avanti's dedication to impactful, community-focused housing solutions."

Raleigh Council Member Corey Branch also noted the importance of this project, highlighting that public-private partnerships like this one are vital in delivering affordable housing options for residents.

About ECCDI and Avanti Residential

Founded in 1995, ECCDI has made it its mission to revitalize communities across North Carolina while expanding access to quality affordable housing. Over the years, the organization has engaged with local governments, businesses, and citizens to create sustainable neighborhoods that promote economic development and enhance resident quality of life through innovative housing initiatives.

On the other hand, Avanti Residential has made a name for itself as a leader in the multifamily housing sector. Established in 2005 and headquartered in Denver, the company owns and manages approximately 11,000 units across eight states. Avanti’s strategy combines investment expertise with a commitment to creating lifestyle-forward residential communities.

Conclusion

The collaboration between ECCDI and Avanti Residential to develop Battle Bridge Senior Apartments highlights a promising approach to addressing the urgent need for affordable housing for seniors in Raleigh. As this project progresses, it will serve as a beacon of hope for many, demonstrating the potential of strategic partnerships in developing practical housing solutions that prioritize community needs and well-being. With a focus on quality and sustainability, the Battle Bridge Apartments project is sure to set a new standard in senior living environments in the area.