RALEIGH, NC | The Village Shoppes at Olde Towne

Property Overview

Foundry Commercial is pleased to present approximately 43.51 gross acres of commercial land within the 515-acre mixed-use, master planned community known as Olde Towne, which is located in one of the fastest growing submarkets six miles east of downtown Raleigh, North Carolina.

• Zoning and entitlements in place allowing for up to 360,000 square feet of retail and 110,000 square feet of office development.
• Conceptually drawn for 75,000 SF of commercial, retail space with 110,000 square feet of office development.
• 750 feet of road frontage along South New Hope Road.
• Olde Towne features ±2,000 future residential units which consists of 360 apartments delivered in 2021 and an additional 300 currently under construction. Lennar Homes started a phased delivery of 584 townhomes in Q1 2022 which are priced between $350,000 – $410,000. An additional ±700 single family units by Toll Brothers will follow and are expected to start delivering in 2023.