#United States #Durham #Wood Partners #Durham Summit #Alta Durham

Wood Partners Expands Housing Options with Alta Durham Summit

In an exciting development for Durham, North Carolina, Wood Partners has successfully closed on Alta Durham Summit, a remarkable project poised to revolutionize the area's housing landscape. This modern community will consist of 312 multifamily units, with construction set to commence this month, and projected completion is slated for Summer 2027.

Alta Durham Summit aims to address the increasing demand for housing in Durham by transforming the vacant Durham Summit office park into a vibrant living space. Its strategic location adjacent to a newly renovated office building that houses Durham Technical Community College sets the stage for an integrated urban environment. Residents will enjoy proximity to essential amenities, including shopping districts, dining options in Downtown Durham, esteemed academic institutions like Duke University, and recreational spots such as local parks and trails.

Caitlin Shelby, the Managing Director at Wood Partners, expressed her enthusiasm for the project, stating, “We’re looking forward to bringing Alta Durham Summit to life, adding much-needed housing to a growing part of the city. This project reflects Wood Partners’ approach to delivering high-quality communities that enhance both residents’ daily lives and the surrounding neighborhood.”

Modern Amenities and Diverse Layouts

The community will feature an array of modern amenities designed to cater to the needs of its residents. From luxurious finishes like granite countertops and stainless steel appliances to state-of-the-art facilities, Alta Durham Summit promises a comfortable and upscale living experience. Outdoor offerings include a pool, a dog park, and a dog spa, ensuring that residents can enjoy both relaxation and recreation in a vibrant community atmosphere.

Alta Durham Summit plans to offer various layouts of one-, two-, and three-bedroom units, each housed in three- and four-story buildings. This variety allows potential residents to choose a living space that best fits their lifestyle and family needs.

A Commitment to Quality and Community

This project marks Wood Partners’ fifth development in Durham in recent years, showcasing their commitment to investing in the region and its housing market. Notably, in June, Wood Partners broke ground on another significant project, Alta Bethpage, a 336-unit multifamily community that represents the final phase of the Bethpage Master Plan Development.

Wood Partners stands as a national leader in multifamily community development, having been involved in the acquisition and development of over 115,000 multifamily homes across the United States, with an investment exceeding $24 billion. This impressive portfolio solidifies their position as one of the top five multifamily developers nationwide.

By choosing Durham as a focal point for its expansion, Wood Partners emphasizes the city's potential for growth and the burgeoning demand for quality housing options. As the community takes shape, Alta Durham Summit will undoubtedly play a crucial role in enhancing the residential offerings in this thriving locale, providing a modern living experience tailored for today's urban dwellers.

For more information on Wood Partners and their projects, visit woodpartners.com.