Developer buys Raleigh Baptist Student Center on Hillsborough St.
RALEIGH A developer has acquired the Raleigh Baptist Student Center building at 2702 Hillsborough Street for $860,000, according to Wake County property records. Raleigh-based Blue Sky Services bought the building from the Baptist State Convention of North Carolina. Nikita Zhitov, a principle with Blue Sky, said the company plans to lease the 6,000-square-foot building for three to five years while it develops plans for the site. He said plans could include a mix of office an
Student housing building boom on Hillsborough not slowing
RALEIGH :The surge of redevelopment activity along Raleigh’s Hillsborough Street shows no signs of slowing, with developers now actively seeking to transform several large parcels on the western end of the thoroughfare.A Georgia-based student housing developer wants to redevelop a 3.2-acre site along Hillsborough that is now home to the offices of the online book publisher Lulu.com. Athens-based Landmark Properties wants to convert the site into a five-story apartment complex
