{"id":1004080540,"date":"2013-07-19T13:48:13","date_gmt":"2013-07-19T21:48:13","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=149041"},"modified":"2020-05-18T01:23:59","modified_gmt":"2020-05-18T09:23:59","slug":"terwilliger-pappas-restarts-crabtree-village-mixed-use-development","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/","title":{"rendered":"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development"},"content":{"rendered":"<p><!--[if gte mso 9]&gt;--><\/p>\n<p><!--[if gte mso 9]&gt;--><\/p>\n<p class=\"MsoNormal\"><em><span lang=\"EN-US\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Crabtree-Valley-Mall.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-149043\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Crabtree-Valley-Mall.jpg\" alt=\"\" width=\"300\" height=\"224\" \/><\/a>by Adriana Pop, Associate Editor <\/span><\/em><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">Developers have begun construction on the first phase of the long-stalled Crabtree Village master plan in Raleigh.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">According to the <a href=\"https:\/\/www.bizjournals.com\/triangle\/blog\/2013\/07\/crabtree-area-mixed-use-project.html\" rel=\"nofollow\" ><em>Triangle Business Journal<\/em><\/a>, an initial $35 million investment will bring 293 apartments and prepare the site for the development\u2019s future phases. The units are expected to welcome their first tenants by May 2014.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">Behind the project is Terwilliger Pappas Multi-Family Partners of Charlotte, a new joint venture company between Ron Terwilliger, former Trammell Crow Residential CEO, and Peter A. Pappas, CEO of Pappas Properties in Charlotte. JDavis Architects of Raleigh is the designer, while Brasfield &amp; Gorrie serves as construction contractor.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">The Crabtree Village mixed-use development will be located on an approximately 24-acre site atop Kidd\u2019s Hill near Crabtree Valley Mall (pictured). The project\u2019s additional stages call for 232 multifamily units, a 200-room hotel, as well as retail and office space. <\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">Pappas Properties acquired the property from an entity of Wells Fargo bank in 2012, the newspaper reports.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">Before the economic downturn, previous owner York Properties of Atlanta was planning the construction of up to 749 residential units, more than 410,000 square feet of office and retail space, and a 150-room hotel. In 2006, the city approved York Properties\u2019 master plan, and the company bought the property for $10.2 million in 2007. Once the recession hit, the project was canceled, and Wells Fargo took ownership of the site in 2010 following foreclosure.<\/span><\/p>\n<p class=\"MsoNormal\"><em><span lang=\"EN-US\">Photo credits: members.virtualtourist.com<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers have begun construction on the first phase of the long-stalled Crabtree Village master plan in Raleigh.<\/p>\n","protected":false},"author":1269,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1604],"tags":[1815],"class_list":["post-1004080540","post","type-post","status-publish","format-standard","hentry","category-latest","category-raleigh-durham","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Terwilliger Pappas Restarts Crabtree Village Mixed-use Development - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development\" \/>\n<meta property=\"og:description\" content=\"Developers have begun construction on the first phase of the long-stalled Crabtree Village master plan in Raleigh.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-07-19T21:48:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T09:23:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Crabtree-Valley-Mall.jpg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"headline\":\"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development\",\"datePublished\":\"2013-07-19T21:48:13+00:00\",\"dateModified\":\"2020-05-18T09:23:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/\"},\"wordCount\":241,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/07\\\/Crabtree-Valley-Mall.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"News\",\"Raleigh-Durham\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/\",\"name\":\"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/07\\\/Crabtree-Valley-Mall.jpg\",\"datePublished\":\"2013-07-19T21:48:13+00:00\",\"dateModified\":\"2020-05-18T09:23:59+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/07\\\/Crabtree-Valley-Mall.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/07\\\/Crabtree-Valley-Mall.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/theeditorsofcommercialpropertyexecutive\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/","og_locale":"en_US","og_type":"article","og_title":"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development","og_description":"Developers have begun construction on the first phase of the long-stalled Crabtree Village master plan in Raleigh.","og_url":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2013-07-19T21:48:13+00:00","article_modified_time":"2020-05-18T09:23:59+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Crabtree-Valley-Mall.jpg","type":"","width":"","height":""}],"author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/"},"author":{"name":"the Editors of Commercial Property Executive","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb"},"headline":"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development","datePublished":"2013-07-19T21:48:13+00:00","dateModified":"2020-05-18T09:23:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/"},"wordCount":241,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Crabtree-Valley-Mall.jpg","keywords":["National"],"articleSection":["News","Raleigh-Durham"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/","url":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/","name":"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Crabtree-Valley-Mall.jpg","datePublished":"2013-07-19T21:48:13+00:00","dateModified":"2020-05-18T09:23:59+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Crabtree-Valley-Mall.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Crabtree-Valley-Mall.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/terwilliger-pappas-restarts-crabtree-village-mixed-use-development\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Terwilliger Pappas Restarts Crabtree Village Mixed-use Development"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004080540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1269"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004080540"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004080540\/revisions"}],"predecessor-version":[{"id":1004443429,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004080540\/revisions\/1004443429"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004080540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004080540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004080540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}