Almost three weeks on from the wall-raising event at the site of the Hargett Place townhome development in downtown Raleigh, N.C., the frame of its first New York-style brownstone is now visible. The first of Hargett Place’s four buildings is expected to be complete in February 2017.
Hyde Street Holdings developers John and Trish Healy have been planning Hargett Place, which will be their first non-rental development, for three years. “John and I very much believe in urban infill and a mix of uses, and that also means a mix of housing uses,” [Trish Healy] says, noting that they hope it will be the first of more projects like this in the downtown district. “Our dream was that 20 years from now, someone would think they’ve always been there.”
Each of the complex’s 19 units will range from 1,700 to 2,267 sq. ft, and include two-car parking spaces, a rooftop terrace, a deck, and a courtyard. Prices have not been set, but Trish Healy expects the brownstones to sell for $700,000 or more.