Quick Hits: Yancey Street Condos
Quick hits are posts about development news as I hear about them! If you have feedback on the format, please share in the comments below!
Neighborhood:
Estimated Cost:
Expected Completion Date:
Developer:
Yancey Street Condos
Neighborhood:
Downtown/Morehead Hill/West End
Size:
44 Condos, Half Acre Lot
Estimated Cost:
Unknown - still in plan approval stage
Expected Completion Date:
Unknown
Details:
These 44 condo units would range in size from 1,200 sq ft all the way down to 420 sq ft.
Developer:
ReVamp Durham & Center Studio Architecture
The area on the western edge of downtown is changing quite a bit. Between the eventual redevelopment of the old police headquarters, new townhomes that are going up, the American Tobacco expansion, Broadstone Apartments, and the Willard Street Affordable Apartments, the next few years will be construction heavy in the area and eventually, should be a pretty compelling, walkable part of the city with plenty of mixed uses.
It is interesting that the units will be as small as 420 square feet in some cases. One quote from the Herald-Sun article struck me. One of the architects, Scott Harmon said "We are trying to bring a little bit of diversity to the market, so that a wider range of people can have options downtown."
We don't know what these apartments will be priced at yet. I would doubt they will be priced at a level that could be considered "missing middle" housing, but I am excited that there are people in Durham who are interested in bringing a variety of living options to the Bull City. With affordable housing in the area, this smaller footprint unit building and all of the other projects, this part of town has the potential to thrive with diversity. I appreciate how rare this type of diversity and robustness is, not just in Durham, but in cities across the country. This area has the potential to be pretty special.