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Raleigh Developer Plans 850,000-SF Mixed-Use Park Near Duke Medical Center

DURHAM, NC-Jim Anthony of Anthony Allenton Commercial Real Estate is asking the city for an OK on the 15-acre project comprising 800,000 sf of office, 50,000 sf of retail and an undetermined number of residential buildings. Construction industry estimators tell GlobeSt.com the total hard construction cost of the undertaking could be $100 million.

By Robert Anthony | Updated on February 16, 2001

DURHAM, NC-A former 15-acre retirement community may shortly be transformed to an 850,000-sf mixed-use park near Duke University Medical Center here, about 100 miles northeast of Downtown Charlotte.

Jim Anthony, a principal in Anthony Allenton Commercial Real Estate, is asking the city for a green light to break ground on the project, according to a published article. Construction industry estimators tell GlobeSt.com the total hard construction cost of the venture, Lakeview Park, could come in at about $100 million.

The park would comprise 800,000 sf of office, 50,000 sf of retail and an undetermined number of for-sale or for-rent residential structures. Anthony needs the zoning changed from apartment and retail to mixed-use.

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