{"id":3348,"date":"2026-06-18T05:08:32","date_gmt":"2026-06-18T05:08:32","guid":{"rendered":"https:\/\/raleighmovingnews.com\/?p=3348"},"modified":"2026-06-18T05:08:32","modified_gmt":"2026-06-18T05:08:32","slug":"durham-breaks-ground-on-160-affordable-apartments-near-potential-entertainment-district","status":"publish","type":"post","link":"https:\/\/raleighmovingnews.com\/?p=3348","title":{"rendered":"Durham breaks ground on 160 affordable apartments near potential \u2018entertainment district\u2019"},"content":{"rendered":"
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DURHAM, N.C. (WNCN) \u2014 In an effort to ease the city\u2019s affordable housing crisis, Durham leaders broke ground on more than 100 new apartments near Brier Creek on Wednesday.<\/p>

Read more Smoke shop clerk shot in attempted armed robbery, Fayetteville police say<\/a><\/p>\n

The currently empty lot on Page Road will soon be home to hundreds of people searching for a cheaper place to live.<\/p>\n

\u201cIt\u2019s a lot harder today for people that live and work in Durham to actually afford to live here,\u201d Lincoln Avenue Communities Executive VP of Policy & Impact Thom Amdur said.<\/p>\n

On Wednesday, Lincoln Avenue Communities hosted a ceremony for the\u00a0Page Corners Apartments project. Developers said it will be an affordable housing complex with 160 apartments.<\/p>\n

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The units will be reserved for families that earn 60 percent or less of the area median income.<\/p>\n

\u201cThey\u2019re probably going to be saving anywhere from $500 to $800 a month in rent compared to these beautiful market rate apartments that are across the way,\u201d Amdur said. \u201cThat\u2019s really meaningful on the impact to somebody\u2019s life.\u201d<\/p>\n

According to the Durham Housing Authority, a one-bedroom unit is projected to cost about $1,100 a month, while a two-bedroom unit could cost less than $1,400. Three and four-bedroom apartments will also be available.<\/p>

Read more Dry, hot pattern as summer nears |\u00a0Off\u00a0the Radar\u00a0Ep. 15<\/a><\/p>\n

\u201cThey\u2019re going to be indistinguishable from these great market rate communities that have been developed here and really made this an area of opportunity for continued growth for the city, for residents and for the long-term community,\u201d Lincoln Avenue Communities VP & Project Partner Jordan Richter said.<\/p>\n

Project leaders said the complex will cost roughly $57 million to build.<\/p>\n

City officials said the Durham Housing Authority issued more than $30 million in tax-exempt multifamily housing revenue bonds to help with the project.<\/p>\n

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Mayor Leonardo Williams said the area, located near Top Golf and\u00a0Andretti Indoor Karting & Games, is slated to become a new entertainment district.<\/p>

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MORE FROM CBS 17<\/h2>\n
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\n\t\t\n\t\tDURHAM COUNTY NEWS\n\t\t\n\t\t\t<\/h2>\n
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\n\n\t\t\t\n\t\t\tDurham breaks ground on 160 affordable apartments\n\t\t\t\t\t\t\t\t\t\t\n<\/h3>\n\n\n<\/svg>\n<\/span>\n<\/span>\n<\/div>\n<\/article>\n
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\n\n\t\t\t\n\t\t\tCity of Durham OKs $767M budget with no property tax hike\n\t\t\t\t\t\t\t\t\t\t\n<\/h3>\n\n\n<\/svg>\n<\/span>\n<\/span>\n<\/div>\n<\/article>\n<\/div>\n<\/section>\n<\/div>\n<\/section>\n

\u201cWhat we\u2019re doing is building a small ecosystem here to where property tax and sales tax coincide and generate the revenue that we need to build out a city that\u2019s worth living in, that\u2019s worth playing in and that\u2019s worth working in,\u201d Williams said.<\/p>\n

While construction on Page Corners is underway, the developer expects the project to be finished in about a year.\u00a0<\/p>\n

The property will feature a clubhouse, pool, fitness center, playgrounds, activity centers and outdoor gathering spaces.\u00a0<\/p>

Read more NC House unanimously passes Dominique Moody child welfare reform bill<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

DURHAM, N.C. (WNCN) \u2014 In an effort to ease the city’s affordable housing crisis, Durham leaders broke ground on more than 100 new apartments near Brier Creek on Wednesday. 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