Developer Targeting I-40/I-85 Interchange for Apartments, Convenience Store

Developer Targeting I-40/I-85 Interchange for Apartments, Convenience Store
News| October 13, 2025| Mike Boyd
Atlanta & Southeast + Apartment Buildings

Impeccable Development is looking to develop a mixed-use project near the interchange of I-40 and I-85 in Greensboro.

The Triad Business Journal reports the plans call for about 200 apartment units on about 26 acres at the back of the 2.9-acre parcel along with a 6,139-square-foot Sheetz at the corner of S. Elm-Eugene Street and Wolfetrail Road. Preliminary plans indicate that the Sheetz and another building will be part of the project’s first phase, with the apartments to be constructed in the second phase.

The Triad Business Journal reports Greensboro has approved the infrastructure site plan and preliminary subdivision plan for the project. However, it has not yet approved the site plan for the Sheetz.

Mission Properties and DP Development own the property.

Other News

Charlotte Library Razed, 300 Apartment Units on Way

Atlanta & Southeast + Apartment Buildings

Northwood Ravin demolished a dated Charlotte public library in order to make way for a 300-unit apartment development. The Charlotte Business Journal reports the plan is to include 21,400 square feet of retail as well. The 4.5-acre south-end property is at 101 Scaleybark Road. The retail component is part of a larger mixed-use development that...

Learn more

Terra, Fortune Ink $220M Key Biscayne Condo Financing

Florida & Gulf Coast + Apartment Buildings

Terra and Fortune International Group secured a $220 million predevelopment loan from Blackstone Real Estate Debt Strategies for their planned ultra-luxury condominium development on the former Silver Sands Beach Resort property at 301 Ocean Drive in Miami’s Key Biscayne. Walker & Dunlop Capital Markets Institutional Advisory, led by Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean...

Learn more

Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants

New York & Tri-State + Apartment Buildings

BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 units nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...

Learn more
New call-to-action

Brokers

View All

Lenders

View All