Wood Partners and GrayCo Capital Advisors to Break Ground on Alta Meadowlands in North Carolina
Wood Partners, in partnership with GrayCo Capital Advisors, is set to break ground this month on Alta Meadowlands, a new 301-unit multifamily community located in the Meadowlands business park in Hillsborough, North Carolina. The project marks Wood Partners' first development in Hillsborough and its fifth active project within the Triangle region. The development aims to address the regional shortage of workforce housing by designating 10% of the units as income-restricted. Scheduled for completion in spring 2028, the community will feature a mix of one-, two-, and three-bedroom floor plans, along with amenities such as a clubhouse, fitness center, and co-working spaces. The site was acquired from Duke Health to serve the growing workforce near Chapel Hill and Durham.
Topics: groundbreaking multifamily development real estate acquisition workforce housing