605 West Apartments in Durham, N.C.

R&C Client Javelin 19 Investments held its Grand Opening of 605 West Apartments in Durham, N.C. in August 2014, as premiere housing for Duke University Students. Javelin co-developed the project with EdR (NYSE:EDR), one of America's largest owners, developers and managers of collegiate housing.  The community is designed to appeal to graduate students and upperclassmen whose housing needs are not met on the Duke University campus.  Graduate students constitute more than half of the total 2012 enrollment of 14,591 students.  The new community will be within walking distance of recently leased university office and research space where graduate students will be employed or studying. The location is also pedestrian to Durham’s downtown entertainment district, the Durham Bulls baseball park and the recently completed city transportation hub.  The occupancy rate for apartments in the Durham sub-market is in the high 90s so this project was abolutely necessary for the community. The urban-style, mid-rise development offers studios, one-bedroom and two-bedroom apartments along with upscale amenities — lounge, coffee bar, fitness center, yoga area, cable, Wi-Fi and internet access, outdoor grilling area and swimming pool.   An attached garage will provide nearly 400 parking spaces for residents.  R&C’s Barbara Wachter Needle led R&C’s representation of Javelin.