Local News

Developers Unveil Plans for Downtown Apex

Posted August 1, 2007

— Developers promised to transform downtown Apex at a meeting with town leaders Wednesday afternoon.

Developers said their project, named The Villages of Apex, would create "a new downtown Apex."

The town council approved the project in late July, after what council members said was a 15-year-long process of refining the concept plan.

Mayor Keith Weatherly and town manager Bruce Radford met with real-estate planners and developers to learn details of the project Wednesday afternoon. The meeting continued after 5:30 p.m.

The 170-acre, mixed-use development will be located across from the town hall on Hunter Street and stretch north to U.S. 64.

Developers said the entire project could be worth $300 million, according to early estimates.

The Villages of Apex will feature approximately 1,300 homes in a variety of styles, including single-family homes, townhouses, carriage houses and brownstones.

The development will also comprise 80,000 square feet of retail and office space. Business, office and residential space will be mixed, with condominiums occupying the top floors of buildings.

Developers promised to make an effort to stay green by including a 13-acre park, as well as some greenways and paved walking trails.

Planners said they are considering setting aside property to construct a private school in the development.

When the town council approved the project, leaders said that it would not include cookie-cutter homes.

Twelve different builders will be involved in creating The Villages of Apex, so the houses, condos and businesses will look different, said developers.

“We can incorporate the new style of planning mixed-use and still maintain the kind of town that all of us came to live there to start with,” Mayor Keith Weatherly said.

 Developers said they plan to break ground on the first phase of the project in the fall.


Please with your WRAL.com account to comment on this story. You also will need a Facebook account to comment.

Oldest First
View all
  • ncguy Aug 2, 2007

    Private school location?????PUKE ! The builders who make millions should pay 50% of the tab for a new public school, and the other from the new transfer real estate tax.

    Oh and 300 million would equate to what 250,000 home cost so they would sell for around 500K- not included is the office space.

    town council should make a mint! watch there bank accounts- or maybe a beach house-LOL!!

  • PlayingTHEAngles Aug 2, 2007

    I moved to apex about 10 years ago from a small town in ohio that was being built up. that is why we moved and now th is is happen i swear you just cannot get away from it. the only thing this is going to bring is bad news bears. where are all the small towns in the us going. to the dump that is where.

  • 3kids2kats Aug 2, 2007

    I like downtown Apex just like it is. All this proposed growth will be a nightmare for the infrastructure of Apex. The town will most certainly lose any charm it had left! Glad I'm moving to Cary next year.

  • Durham-Raleigh Aug 2, 2007

    So, Keith... you're ticked about the schools. You don't want tolls on I-40. And no one wants impact fees. But, keep building 'em homes and get those tax dollars. And make the rest of us pay for your growth.

    The peak of good living? More like the peak of shortsightedness.

  • bus driver Aug 1, 2007

    Kinda like the "old downtown" myself. Antiques, a variety of food, photographers. Is the gym still there? Florist, bakery.