The developer Capital Square has opened Maeve, a 20-story, luxury mixed-use high-rise located in the Warehouse District of Raleigh, North Carolina.
Maeve includes 297 apartments in one- to three-bedroom unit configurations and more than 10,000 square feet of street-level retail that is available for leasing. The complex has 30,000 square feet of amenities, including a resort-style pool, rooftop lounge, coworking spaces, and fitness center. A multilevel parking garage is also available for residents and guests.
Capital Square partnered with JDAVIS Architects as building architect and WM Jordan Company as general contractor. The design team also included Architecture Firm as interior designer and EDSA as landscape designer. Greystar is the property manager and York Properties is serving as the leasing agent for the retail spaces.
“What was once a shuttered building and a surface parking lot has become a magnificent 20-story landmark apartment tower with ground-floor retail, extending the downtown core south,” said Louis Rogers, founder and co-CEO of Capital Square. “By investing in Maeve, investors from North Carolina and beyond are able to participate in Raleigh’s growth engine. And the icing on the cake for investors – taxes on the sale of Maeve will be forgiven after a 10-year holding period under the opportunity zone legislation.”
