A local developer has plans for a boutique mixed-use development in downtown Durham at the site of a longtime garden center – but that business isn’t going away.
Earlier this month, Raleigh-based Beacon Street Development filed plans for a 7-story development calling for 40 condos over retail space. The property is situated on a 0.5 acres at 512 W. Geer St. at the corner with Washington Street and across the street from the Historic Durham Athletic Park.
Filings with the town call for 40 condominiums over 3,451 square feet of retail space in a building up to seven stories where the topography slopes to the lowest point.
Beacon Street Marketing Director Justin Hime said the project design will feature an aesthetic similar to the historic warehouse-style buildings on the city.
The land is owned by Stone Bros. & Byrd, Inc. which has owned and operated the Stone Brothers & Byrd garden center on the property for decades. Hime said the business will relocate to a property across the street.
Stone Brothers bought the property decades ago, according to county records, and has been in operation since 1914, according to its website.
“As Durham & Raleigh natives, we’re excited about the future of this property and look forward to working with (owner George Davis) and our neighbors as we finalize plans for the thoughtful development of boutique condominium residences – all in a way that fits beautifully into the surrounding streetscape,” Beacon Street Development said in a statement. “We look forward to sharing more about this special project soon.”
Durham-based Coulter Jewell Thames is providing planning and engineering services. Durham-based Weinstein Friedlein is the design partner on the project.
The development also includes project manager Bryson Powell, who’s experience in Durham includes the The Bartlett condo community.
Beacon Street plans to begin sales later this year and wants to start construction in 2022.
The project is Beacon Development’s latest unveiled in the Triangle. Earlier this year, the company paid $3.75 million for the Josephus Daniels House in the Hayes Barton Historic District. The company is planning a single-family residential development for the site.
The company is also involved in the Budleigh East project in Raleigh, a new residential community on the site of the existing Country Club Homes community.
Triangle Business Journal