Wood Partners Introduces Alta Durham Summit in Durham
The 312-unit community will offer updated, modern living with convenient access to Downtown Durham.
National multifamily developer Wood Partners has officially announced the closure on the exciting new project, Alta Durham Summit. This remarkable 312-unit multifamily community is set to start construction soon, with plans to welcome residents by Summer 2027.
The introduction of Alta Durham Summit comes as a significant contribution to the housing market in the area, as it will replace the existing vacant office park known as the Durham Summit. Its strategic location near a newly renovated office building that houses Durham Technical Community College stands to benefit many residents. Additionally, the community provides easy access to shopping, dining, and various amenities in Downtown Durham, alongside proximity to Duke University, Duke University Hospital, and local parks.
Caitlin Shelby, the managing director at Wood Partners, expressed enthusiasm for the project, stating, "We’re looking forward to bringing Alta Durham Summit to life, adding much-needed housing to a growing part of the city. This project reflects Wood Partners’ commitment to delivering high-quality communities that uplift the residents’ daily lives while enhancing the surrounding neighborhoods. With its fantastic location near Downtown, Alta Durham Summit allows residents to explore everything this vibrant city has to offer."
Community Features of Alta Durham Summit
Alta Durham Summit will feature a variety of layouts, including one-, two-, and three-bedroom apartments housed within three- to four-story buildings. Residents will enjoy state-of-the-art amenities that cater to modern lifestyles—these include a swimming pool, dog park, dog spa, and plenty of open space for leisurely activities. Each unit is designed with convenience and luxury in mind, showcasing upscale finishes such as granite countertops and stainless steel appliances, along with top-tier community amenities.
Wood Partners’ Influence in Durham
This project marks Wood Partners' fifth endeavor in Durham in recent years, showcasing a growing commitment to enhancing the community. Earlier this year, Wood Partners commenced work on another development, Alta Bethpage, which comprises 336 units and represents the final phase of the impressive Bethpage Master Plan Development.
About Wood Partners
Wood Partners is recognized as a national frontrunner in the development and construction of multifamily communities throughout the United States. With a rich history of involvement in the acquisition and development of over 115,000 multifamily homes, the company boasts a combined capitalization exceeding $24 billion. Presently, Wood Partners oversees more than 80 properties across the nation, comprising around 25,000 homes. Headquartered in Atlanta, the company has established offices in 17 major markets nationally. With its consistent ranking as one of the top five multifamily developers in the U.S., Wood Partners underscores its commitment to quality and innovation in the housing sector.
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Frequently Asked Questions
What is Alta Durham Summit?
Alta Durham Summit is a new multifamily community being developed by Wood Partners in Durham, featuring 312 units with modern amenities.
When is the expected completion date for Alta Durham Summit?
The construction of Alta Durham Summit is set to be completed by Summer 2027.
What amenities will residents enjoy at Alta Durham Summit?
Residents will have access to a pool, dog park, dog spa, open spaces, and units featuring upscale finishes.
How does this project impact the local housing market?
Alta Durham Summit will add much-needed housing options to the Durham community, helping meet the growing demand.
What has Wood Partners done previously in Durham?
This is Wood Partners' fifth project in Durham, continuing their commitment to providing quality living spaces in the area.
