Retail

Taft Family Ventures Plans New Housing Across from Red Hat Amphitheater in Downtown Raleigh

Taft%2BDevelopment%2BGroup%2BResidential%2BRetail%2BReal%2BEstate%2BDowntown%2BRaleigh

Taft Family Ventures has expanded its Raleigh footprint with the purchase of the Owens Roofing Co. property across from the Red Hat Amphitheater in the downtown Warehouse District for $5.1 million.

TFV’s Taft Development Group recently bought the nearly one-acre site at 301 West Cabarrus Street and plans to bring a new residential and retail building in that space.

“We are excited to launch another project in Raleigh, and especially so in the Warehouse District,” said Thomas Taft Jr., principal with Taft Family Ventures. “We believe this is a high-profile site in one of the region’s most vibrant urban neighborhoods.”

Read the full article at Triangle Business Journal