Image courtesy of Hoffman & Associates<\/em><\/figcaption><\/figure><\/div>\n\n\nThe high-rise next to the station is slated to have 400,000 square feet of mixed-use space, including 385 apartments, 26,000 square feet of retail and dining space, community areas and indoor and outdoor amenities built around a three-level parking deck. Hoffman will contribute $1.6 million to the city\u2019s affordable housing fund, with all 385 apartments at the community set to be leased at market rates.<\/p>\n\n\n\n
Designed by Perkins Eastman as an urban anchor, the project aims to turn a transit facility into an active mixed-use block rather than a standalone piece of infrastructure. The developer intends to break ground on the project next year, after securing financing for the development. <\/p>\n\n\n\n
\u201cAs we assess the best timing for next steps based on market conditions, we remain deeply committed to supporting the city\u2019s broader housing goals,\u201d said Maria Thompson, president of Hoffman & Associates. \u201cWe continue to work closely with city officials and stakeholders to advance sustainable, inclusive growth for Raleigh.\u201d<\/p>\n\n\n\n
5. The Exchange<\/h2>\n\n\n\n Another major project taking shape in Raleigh\u2019s North Hills is The Exchange, a $1 billion, 40-acre mixed-use district by Dewitt Carolinas. \u201cThe Exchange is redefining what it means to work, live and play in Midtown Raleigh,\u201d said Steven Beattie, the firm\u2019s president. \u201cEvery building expands onto a four-acre central park, with thoughtfully curated retail offerings creating a vibrant ecosystem for office tenants, residents and community visitors.\u201d<\/p>\n\n\n\n
At full buildout, the development is slated to include 990,000 square feet of office space, 1,275 residential units, a hotel-condo component, 125,000 square feet of retail and dining space, and seven acres of green space. <\/p>\n\n\n\n
The first phase has already helped establish the district\u2019s identity, with 1000 Social, one of the two planned 12-story office towers, opening in 2024. The project includes 330,000 square feet of office space, along with 20,000 square feet of retail and 5,000 square feet of conference and meeting space. Whitley Law Firm and Summit Design and Engineering Services are some of the tenants at the building. It is also the only WELL- and LEED-certified office tower in the city.<\/p>\n\n\n\n
Rule Joy Trammell Rubio was the architect for the office building, with Studio Outside serving as the landscape architect and Brasfield & Gorrie as the general contractor. The plan is to also add a skybridge between 1000 Social and 2000 Social. That design, along with the central park, is meant to give the project more of a district feel than a traditional suburban office campus.<\/p>\n\n\n\n
The second phase of the project will shift the emphasis toward lifestyle and residential uses while continuing the development of 2000 Social. The building is expected to total 350,000 square feet of mixed-use space, with a 2,500-space double-helix parking deck and 20,000 square feet of ground-floor retail. Plans also call for indoor-outdoor workspaces, custom art installations and the same sustainability standards established in the first office phase.<\/p>\n\n\n\n
The development is planned around office, residential and hospitality uses, with more than seven acres of greenspace and water features designed to organize the site as a park-centered district rather than a conventional office campus. All images courtesy of Dewitt Carolinas<\/figcaption><\/figure><\/li>The future skybridge between 1000 Social and 2000 Social is designed to reinforce The Exchange\u2019s office cluster and park-centered district plan.<\/figcaption><\/figure><\/li>The Life Time Living component plans to combine residential units, wellness amenities and public gathering areas within the larger mixed-use district.<\/figcaption><\/figure><\/li>The rooftop amenity deck at Life Time Living includes a wellness-focused component anchored by a beach-club-style pool deck and outdoor recreation space.<\/figcaption><\/figure><\/li><\/ul><\/a> <\/a> <\/a> ![\"Raleigh](\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Raleigh-Skyline-Photo-featured-Credit-Matt-Robinson-2.png\")