WHITAKER PARK LOFTS
Winston Salem, North Carolina
The Development Team of Whitaker Park, LLC is restoring a former R.J. Reynolds tobacco factory, into a 152 unit class A one, two, and three bedroom apartments located in Winston-Salem, NC, walking distance from Wake Forest University.
Whitaker Park, LLC is a venture being developed by Champion Holdings and The C.A. Harrison Companies, LLC (CAH)
Whitaker Park, LLC is pleased to finance a unique and very rare urban loft style development consisting of approx 200,000 Sqft of a former RJ Reynolds tobacco manufacturing plant. The developers will be applying for acquisition and construction financing through the HUD 221d4 program. The property acquisition transaction is expected to close at Q2-2017.
The total development budget is approximately $31.8M
The Property is located within a 5-minute drive Wake Forest University and within a 10-minute drive of downtown Winston-Salem, NC.