Happy Friday, Triangle!

Mid-May has officially arrived, and you can feel it everywhere.

The afternoons are warmer, the patios are full, and that golden-hour stretch where everyone seems to be outside? That's where we are right now.

This is one of those weekends where you don't need to overplan. Pick one or two good things, leave room to wander, and let the rest happen.

That said, there's a lot worth knowing this week. A few new developments, some local finds, and a listing that puts you right in the middle of one of Raleigh's biggest transformations.

Grab your coffee, get comfortable, and let me walk you through it.

Here’s your D&M BRIEF:

[B]est Weekend Plans: Curated events to fill your weekend
​[R]ealty Pulse: A quick answer to "How's the market?"
​[I]n the News: Kane Realty's biggest North Hills expansion yet
​[E]xclusive Listing: Five minutes from Downtown South for $200K
​[F]riday Favorites: A new brewery is coming to downtown Raleigh

Scroll down and enjoy!

—Brette

[B]EST WEEKEND PLANS

EVENTS

BEST THINGS TO DO THIS WEEKEND IN THE TRIANGLE

FESTIVAL Got to Be NC Festival 📅 May 15–17 | Times vary 📍 NC State Fairgrounds ​MORE INFO→​

FESTIVAL Artsplosure: The Raleigh Arts Festival 📅 May 16–17 | Times vary 📍 Downtown Raleigh ​MORE INFO→​

FESTIVAL Bimbé Cultural Arts Festival 📅 May 16 | 1–7 PM 📍 Rock Quarry Park ​MORE INFO→​

​Click here to see 90+ events for the whole month!→​

[R]EALTY PULSE

REAL ESTATE MARKET Altos' Market Action Index An at-a-glance answer to “How’s the market?” SEE MORE ≫

REAL ESTATE MARKET Altos' Real-Time Market Profile All key market indicators in one easy-to-read chart, with trend lines showing changes over the past three months. SEE MORE ≫

What it means: The market has settled into a steady rhythm, with the median list price holding around $625K and inventory continuing to climb past 1,000 homes.

Buyers finally have more options than they've had in a while, but with the Market Action Index sitting at 38, sellers are still holding that slight edge.

Well-priced homes are still getting attention; the market's just a little more balanced than it was a few months ago.

[I]N THE NEWS

DEVELOPMENT Kane Realty Unveils Its Biggest North Hills Expansion Yet READ MORE ≫

▷ Driving the news

Kane Realty is back with another major move. And if you read last week's BRIEF, you already know they're not slowing down.

This time, the focus is right back where it all started, and it's the biggest North Hills expansion yet.

28 acres along Navaho Drive. More than 1,200 new homes. A 20-story tower. A new hotel.

Let me break down what's actually being planned, because this is a major shift for the eastern edge of the North Hills Innovation District.

▷ A 28-acre vision

The expansion covers land Kane Realty and Los Angeles-based McCourt Partners acquired back in January for $72 million.

It sits between Navaho Drive and I-440, on the eastern side of the Innovation District.

And the scope? Massive.

We're talking multiple apartment buildings, a new hotel, ground-floor retail, and a walkable environment built around connection and gathering.

▷ The buildings coming to Navaho Drive

Here's what's been unveiled so far:

• Veranda — A 207-unit apartment community specifically built for 55-plus residents.
• Merit — A seven-story building with 387 apartments and ground-floor retail.
• Vesper — A separate 20-story tower with 357 homes and a 20th-floor rooftop deck and pool.

Add a 200-plus room hotel with a rooftop bar, new retail spaces, and outdoor gathering areas.

That's a lot of new activity packed into one corridor.

▷ Here's where it gets interesting

To make room for the expansion, Kane plans to demolish The Pointe at Midtown, a 365-unit apartment community, and the 115,413-square-foot Grove Towers office building.

Both already sit on the site, and current tenants will get 60 days' written notice before their leases end.

That's a big trade. Older buildings out, denser mixed-use in.

And there's more. Kane has already started conceptual planning for the sixth office tower at North Hills, only the second inside the Innovation District.

The reason? One North Hills Tower opened in 2024 and was fully leased by the end of 2025.

The demand is clearly there.

▷ Why this matters for Raleigh's Midtown

Here's the big picture.

Since unveiling its initial Midtown expansion plans in late 2020, Kane has delivered Vine, Channel House, Tower 5, and St. Albans Lofts. They just broke ground on Tributary. And new retail like Benchwarmers Bagels, Standard, and InTown Golf Club is set to open later this year.

Now add 28 more acres of housing, hospitality, and workspace.

Pair that with the greenway extensions, the planned multi-modal bridge across I-440, and the expanded bike infrastructure Kane is building with the city, and Midtown is on track to become one of Raleigh's most connected and complete neighborhoods.

IN CASE YOU MISSED...

RESTAURANT The first Shake Shack is now open in this Triangle town. Here’s what to know. Burger fans in the Triangle have a new spot to grab sandwiches, milkshakes, and fries. CLICK TO READ IT ≫

AIRPORT EXPANSION RDU set to relocate roads ahead of runway expansion The RDU Airport Authority is set to discuss relocating a handful of roads north of the airport to accommodate a new runway. CLICK TO READ IT ≫

RESTAURANT New York Bagel Icon H&H Rolls Into Cary’s Waverly Place New York-style bagels are officially headed for Cary. H&H Bagels, the storied NYC bagel chain, is adding a shop at Waverly Place, according to the company's site. CLICK TO READ IT ≫

[E]XCLUSIVE LISTING

Five Minutes from Downtown South for $200K FOR SALE 1228 S State St APT C, Raleigh

You've been hearing me talk about Downtown South for months. The $2 billion project. The soccer stadium. The parks, greenways, and retail that are about to reshape this side of Raleigh.

Here's the thing — most people are watching it from the outside.

This one puts you right in the middle of it.

Five minutes from downtown. Five minutes from where Raleigh's biggest transformation is happening. And the price? $200,000.

For a fully updated 2-bedroom condo, that's rare right now.

The HOA covers lawn care, the roof, and the exterior of the units. This means less time maintaining, and more time entertaining.

Brand new roof. Nine minutes from Walnut Creek Music Venue.

And the seller? Offering $5,000 to "use as you choose" (closing costs, a rate buydown, whatever helps).

The reality is $200K positions like this don't sit long, especially this close to the future Downtown South district.

Click here to see the photos + full details 👇🏻 See the listing ≫

[F]RIDAY FAVORITES

MUST-GO NEW OPENINGS Basic Brewing Basic Brewing, a new brewery and full-service dining concept, is coming to Platform Apartments in downtown Raleigh's West End this fall. Expect an elevated take on the traditional brewery experience: warm atmosphere, curated food and drink, and a space built for everything from casual hangs to date nights. Opening Fall 2026 MORE DETAILS ≫

NEW VIDEO Raleigh, NC Home Buyers Regret is Exploding in 2026 WATCH IT NOW ≫

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TRENDING 10 Amazing Things You Didn’t Know North Carolina Gave the World Don't forget to take a look at the caption and see a few more NC classics and surprises! SEE THE POST ≫

» Quick Pro Tip

Mid-May is peak strawberry season at local NC farms, and this is the week to go.

Spots like Phillips Farms in Cary, DJ's Berry Patch in Apex, and Page Farms in Raleigh are usually overflowing right now. Go early Saturday or Sunday morning before the heat hits, bring a cooler for the ride home, and don't sleep on the fresh strawberry ice cream a lot of them sell out front. It's one of those small, easy weekends that just feels like the Triangle.

Brette is everything you could ever dream of in a realtor. She took the time to get to know me and my needs for the home buying process. My timelines and specifications changed many times, and she was able to adjust and always meet me where I was. She's honest and transparent and always brings a level of expertise to each home you see. She's always available by phone, text, or email, and is able to remain 100% focused on you when you are together in person. I don't know how she does it, but I benefited as a home buyer.

Working with her + her team made this such an easy process. You are in the best possible hands!

—Morgan C.

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.