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July 7, 2016 Comments Off on 240K-SF Office to Go North in Durham NC Views: 365 California News, National News, North Carolina, Southeast

240K-SF Office to Go North in Durham NC

Dirt work is set to begin this week at the corner of South Magnum Street and Jackie Robinson Drive, the site of a former Chrysler dealership in Durham, NC. Once the acreage has cleared, Northwood Ravin and Akridge will go north on 555 Mangum, a 10-story, 240,000-square-foot office tower.

The building is expected to be delivered in late 2018. The development will include retail space on the ground floor, a penthouse conference room and rooftop lounge and terrace.

Northwood Ravin acquired Elkins Chrysler dealership’s site for $11.7 million in May 2015. The office building and a parking deck will be built on 3 acres. A residential building is slated for the remaining land.

Read More at News & Observer

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