I’m a Raleigh-based agent who’s passionate about real estate, local life, and making homeownership feel easy (and fun!). Subscribe and join 2,000+ readers who get the inside scoop every week!
💙 BRIEF: $100M Is Coming to Apex… Here’s What’s Next
Published 24 days ago • 4 min read
Happy Friday, Triangle!
This week I got to be at the ribbon-cutting for the new Lichtin Plaza and the upcoming Omni Raleigh Hotel downtown.
Standing there with the Mayor, local leaders, and the team behind it all, the energy was incredible. You could feel how this project will bring even more life, connection, and excitement to our downtown.
It was a good reminder of just how fast Raleigh is growing and how lucky we are to be right in the middle of it.
There is more.
This week is packed with updates: exciting news, plenty of festivals, and a few surprises across the Triangle that might just be perfect for you.
Grab your coffee, get comfortable, and let me walk you through it.
Here’s your D&M BRIEF:
[B]est Weekend Plans: The best events this weekend to fill your days [R]ealty Pulse: A quick answer to "How's the market?" [I]n the News: $100M retail and office village coming to Apex [E]xclusive Listing: 1.24 acres and a home built for your life [F]riday Favorites: Lies every Raleigh local tells themselves
What it means: Inventory has increased, which gives buyers more choices, but prices are still holding near $600K and demand remains steady. Buyers have a little more leverage than before, yet sellers are still keeping that slight edge overall.
[I]N THE NEWS
DEVELOPMENT
Apex Breaks Ground on $100M Veridea Crossing Retail Village
Apex is about to get a $100 million retail village. And honestly, if you’ve followed Veridea for a while, this is the first big commercial phase under construction.
Veridea Crossing will be part of the $3 billion Veridea “mini city” and is expected to deliver in late 2027, with 220,000 square feet of retail and office space across 14–16 buildings.
That’s huge.
Let me break down what’s coming, because this project could reshape Apex for years to come.
▷ A long-awaited project is finally moving
The retail district sits on the eastern side of the 1,110-acre development, along N.C. 55. Site work has already begun, and RXR is fielding strong interest from grocers, eateries, fitness centers, and local shops.
This is the first major commercial corridor for Veridea, which has been in the works since 2009, stalled by legal roadblocks until RXR revived it in 2022.
▷ More than just retail
The full plan includes:
1,500 multifamily units and 1,100 single-family homes
Industrial, lab, and research buildings
A 34-acre Wake Tech campus
A 230-acre North Carolina Children’s Hospital creating 8,000 jobs
Trails, dog parks, bike paths, and a public elementary school
By 2035, the district could host up to 8,000 residential units, 3.5 million square feet of retail, hospitality, and civic space, and 12 million square feet of commercial space.
▷ Why this matters for Apex
Apex’s population is projected to top 100,000 by 2030, and the town has been craving more housing and commercial density. Mayor Jacques Gilbert calls Veridea Crossing “one of the best things to ever happen to Apex”, pointing to the impact on tax revenue, jobs, and amenities.
If everything comes together as planned, this project could transform Apex into a true mixed-use hub for decades.
IN CASE YOU MISSED...
SPORTS
Rowing Hits The Water For Annual Lake Wheeler Invitational
Back in action on the water, North Carolina rowing makes the short drive to Raleigh for the annual Lake Wheeler Invitational this Friday through Saturday.
Triangle Transit Agencies Awarded more than $32 Million
Three transit agencies in the Research Triangle received federal funding from the U.S. Department of Transportation’s FTA through the competitive Grants for Buses and Bus Facilities Program.
Hitachi Energy to create 150 jobs at new, $10M engineering center in Cary
The Cary expansion is part of Hitachi Energy’s broader strategy to capitalize on surging demand for equipment needed to support data center expansion and other power demands.
1.24 acres. Sunlight filtering through the trees. A home built for your life.
FOR SALE
LOT 10 Conner Ridge Rd, Efland
This Ballentine floorplan with Drees Homes lets you customize the details that actually matter: first-floor primary suite, separate guest suite, sunroom, game room, office… even a basement if that’s your thing.
A wooded backyard gives you space to breathe, all while being in a neighborhood near Duke Health, Tanger Outlets, and downtown Mebane, convenience without compromise.
Bring your vision. Build your home. Live your way.
This is one of the busiest spring weekends of the year. Make one plan, not five.
Late April calendars fill up fast with festivals, markets, brunches, and outdoor events. Pick one main thing to do, then leave room to explore nearby. You’ll enjoy the day way more than trying to cram everything in.
I really admire a when your real estate sales team outperform the commitment. A smooth sale consummated for more than the asking price. A truly committed, hard working group.
—Frank P.
Thanks for reading the D&M Triangle BRIEF. See you next Friday!
—Brette Davis
Want to stay in the loop between Fridays? Follow me on Instagram for real estate insights, local events, and what’s happening around the Triangle.
I’m a Raleigh-based agent who’s passionate about real estate, local life, and making homeownership feel easy (and fun!). Subscribe and join 2,000+ readers who get the inside scoop every week!
