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Developer Buys Downtown Durham Site for Planned Apartment Development

Elmwood Development Planning 82-Unit Apartment Complex
The developer acquired the site at the corner of West Corporation Street and Rigsbee Avenue, which currently hosts a vacated 1,900-square-foot retail building, for its planned apartment development.(CoStar)
The developer acquired the site at the corner of West Corporation Street and Rigsbee Avenue, which currently hosts a vacated 1,900-square-foot retail building, for its planned apartment development.(CoStar)
By Taylor Collins
CoStar Research
August 18, 2021 | 12:00 P.M.

Elmwood Development has purchased a development site in downtown Durham, North Carolina, for a new apartment project.

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