HCP to Establish 240-Unit MF Project in North Carolina

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Multifamily realty investment and development firm Hudson Funding Feature (HCP) has revealed plans to create The Hudson at Carolina Colours, a 240-unit multifamily neighborhood in New Bern, N.C.

Located within the high end Carolina Colours single-family residence area, the project will include 10 garden-style structures and 264,000 rentable square feet in addition to a resort-style club. The area will certainly be situated across from the freshly developed Harris Teeter Shopping Center within the Carolina Hues golf neighborhood. The site plans additionally permit for future development of a Phase II part consisting of 5 extra structures bordering Waterscape Means and also enables ground-level retail.

“The Hudson at Carolina Hues is positioned to establish a brand-new requirement for multifamily development in New Bern and the surrounding location,” stated Robert Cohen II, chief investment policeman at HCP. “Remarkable job and population development integrated with the expansion of the neighboring United States Navy Marine Corp Air Base Cherry Factor have created a strong appetite for very amenitized rental neighborhoods.”

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