Construction Underway on 2,195-Bed Student Housing Development Near North Carolina State

  • 8/7/2024

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Student Housing Business
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Construction is underway on Hub Raleigh, a 2,195-bed student housing development located at 111 Cox Ave. near the North Carolina State University campus in Raleigh. The nearly 1 million-square-foot project is being developed by a joint venture between Core Spaces and TPG Real Estate and is scheduled for completion ahead of the 2026-2027 academic year. 

The 12-story building will offer a mix of studio through four-bedroom fully furnished units. The property will feature over 40,000 square feet of indoor and outdoor amenity space, including a resort-style swimming pool and hot tub, fitness center, fire pit, outdoor kitchen and grilling area, clubhouse and co-working space. The community will also include a 558-stall parking garage. 

Core Spaces
Brendan Miller | Senior Managing Director-CIO, Student
TPG Angelo Gordon
David Busker | Head of Commercial Real Estate Debt
Core Spaces
Greg Gonzalez | Director, Acquistions

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