Turnbridge Equities is seeking approval from the City of Raleigh to construct a new mixed-use project near Nash Square, adding another high-rise residential building to the area. The proposal calls for a 20-story tower paired with a single-story retail building, supported by a parking deck to serve residents and visitors. The plan positions the project as an additional multifamily option adjacent to a key downtown green space.
The residential component of the tower is slated to include 220 units. According to plans cited by the Triangle Business Journal, the program is weighted toward smaller formats, with 160 one-bedroom units, 58 two-bedroom units and two three-bedroom units. These residential units are expected to span 244,452 square feet, concentrating a significant amount of multifamily density on a relatively compact urban site.
Retail is a notable part of the proposal. The overall development is planned to deliver 20,984 square feet of retail space. Within the tower, the ground floor is programmed for 17,239 square feet of retail, divided into four suites and two dedicated restaurant spaces. This layout suggests a focus on activating the street level and creating multiple points of entry for different retail concepts, while the additional single-story retail building would expand the project’s commercial frontage.
Amenities at the top of the building are expected to include a rooftop swimming pool on the 20th floor. While detailed information on other common areas is not provided in the planning documents described, the inclusion of a rooftop pool signals an emphasis on upper-floor amenity space that takes advantage of the building’s height and potential views over the surrounding Raleigh skyline and Nash Square area.
Turnbridge Equities is already active in the Raleigh market. The firm is identified as the developer behind the Highline Glenwood tower in Glenwood South, which is planned to rise 37 stories, further adding to the city’s inventory of high-rise residential product. Turnbridge also has plans to redevelop the Seaboard Train Station, indicating a broader pipeline of projects in and around central Raleigh. While specific timelines, costs and financing details for the Nash Square-area tower have not been disclosed, the pursuit of entitlements underscores the company’s ongoing commitment to large-scale residential and mixed-use development in the city.
