VIENNA, Va.--(BUSINESS WIRE)--Middleburg Communities (“Middleburg”) today announced it is slated to break ground this month on Hamlet Quail Crossing, a 260-unit BTR (built-to-rent) community in Wake Forest, North Carolina, part of the Raleigh-Durham MSA. The community will feature 234 detached cottages and 26 duplex units at full build out, and pre-leasing is expected to begin Q3 2025. Hamlet Quail Crossing will be the eighth BTR development that Middleburg has started during the past three years.
“The Raleigh MSA has attracted significant attention from capital and consumers alike and for good reason,” said TJ Sedeski, Managing Director of Investments at Middleburg. “The employment and education opportunities, pro-business policy, and work/life balance make it a compelling place to both live and invest and we believe we’re meeting an unmet demand for high-quality rental cottages which do not currently exist in the Wake Forest submarket.”
Hamlet Quail Crossing is located at 1423 Deerfield Drive, about 5 minutes from historic downtown Wake Forest and adjacent to a heavily trafficked thoroughfare that connects residents to Route 1 which leads to the major Raleigh job centers within a 30-minute commute including Downtown Raleigh, Research Triangle Park, and North Hills, to name a few.
Sedeski continued: “The Town of Wake Forest has maintained a small-town feel throughout a period of meaningful commercial growth. Our strategic location benefits from a high volume of cars which pass by the property on a daily basis, proximity to the historic downtown area which features an array of charming shops and restaurants and convenient access to new retail developments anchored by Wegmans and Lowes Foods. Additionally, we’re grateful to Synovus Bank for their continued support and confidence in our organization.”
Hamlet Quail Crossing follows Middleburg design standards which include a full suite of amenities, abundant open green spaces, and walkable streetscapes. The community will include 1-, 2- and 3-bedroom floorplans ranging from 790 to 1,733 square feet. All units will feature stainless steel appliances, quartz countertops, luxury vinyl plank flooring, and in-unit washers and dryers. Residents will have access to best-in-class amenities, including a clubhouse with a pool and fitness center, a dog park and pet spa, co-working spaces, and electric vehicle charging stations.
About Middleburg Communities
Middleburg is a leading real estate investment firm maximizing stakeholder value through a socially conscious, fully integrated approach to the acquisition, development, construction, and management of high-quality, attainable rental housing. With over two decades of multifamily sponsorship, Middleburg has acquired, developed, and financed more than 32,000 multifamily units, exceeding over $4.3 billion in transactions since 2004. For more information, please visit www.middleburg.com.
