{"id":1923,"date":"2026-06-07T13:33:39","date_gmt":"2026-06-07T13:33:39","guid":{"rendered":"https:\/\/durhammovinghub.com\/?p=1923"},"modified":"2026-06-07T13:33:39","modified_gmt":"2026-06-07T13:33:39","slug":"from-800k-high-end-condos-launch-at-one-nash-square-in-downtown-raleigh","status":"publish","type":"post","link":"https:\/\/durhammovinghub.com\/?p=1923","title":{"rendered":"From $800K: High\u2011end condos launch at One Nash Square in downtown Raleigh"},"content":{"rendered":"

AI-generated summary reviewed by our newsroom.<\/p>\n

Read our AI Policy.<\/a><\/p>\n

Sales have opened at One Nash Square<\/a>, the newly scaled back 20-story luxury residential tower rising at 217 W. Martin St. across from Nash Square in downtown Raleigh.<\/p>\n

Read more Vanguard drops playbook on retirement income<\/a><\/p>\n

The project, developed by New York\u2013based Alchemy Properties<\/a>, will bring 82 high-end condos to the Warehouse District, with prices starting around $800,000.<\/p>\n

The launch marks a major pivot<\/a> from Alchemy\u2019s earlier plan for a 36-story mixed-use tower with more than 400 rental apartments \u2014 a shift the developer says reflects rising interest rates and a cooling rental market.<\/p>\n

\u201cTwo years ago, we frankly took a little more of an aggressive approach,\u201d Ken Horn, Alchemy\u2019s president and founder, told The N&O<\/a> in 2025.<\/p>\n

\u201cWe kind of sat down and said, \u2018Let\u2019s reevaluate.\u2019\u201d<\/p>\n

In 2022, Alchemy, in partnership with New Valley Realty, purchased the property and the adjacent 1-acre vacant lot at 303 S. Dawson St. for $16 million. The building at 217 W. Martin St. formerly housed the Berkeley Caf\u00e9, a beloved local spot that has since relocated<\/a>.<\/p>\n

The reimagined building, now branded One Nash Square, focuses on luxury units ranging from one to four bedrooms. Interiors feature \u201chigh ceilings, oversized windows, and open concept kitchens.\u201d<\/p>\n

Residents will also have access to a pool, fitness center, resident lounge, outdoor dog run and pet spa, onsite parking and ground-floor retail.<\/p>\n

Read more Morgan Stanley raises CIEN stock target after earnings<\/a><\/p>\n

The target audience includes \u201cempty nesters, professionals from local universities, and new transplants to the area from colder climates,\u201d the firm said.<\/p>\n

Construction is expected to begin later this year, with first move-ins slated \u201cfor mid-2027.\u201d<\/p>\n

The build-design team includes New York-based Morris Adjmi and Raleigh-based ISG, formerly JDavis. Sales are being handled through Urban Triangle Realty.<\/p>\n

It\u2019s the firm\u2019s first major project in Raleigh. Across the Triangle, it\u2019s developing Elm Hill<\/a>, a 68-unit townhome community at 518 Morehead Ave. near downtown Durham.<\/p>\n

Keep up with the latest Triangle real estate news by subscribing to On the Market, The News & Observer’s free weekly real estate newsletter. Look for it in your inbox every Thursday morning. Sign up here<\/a>.<\/p>\n

Read more A wedding amid tragedy, and prison news: Josh Shaffer stories to catch up on<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sales begin for 82 luxury condos at One Nash Square in downtown Raleigh, priced from $800K, with amenities, parking and first move\u2011ins expected mid\u20112027.<\/p>\n","protected":false},"author":1,"featured_media":1922,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-read-todays-edition"],"yoast_head":"\nFrom $800K: High\u2011end condos launch at One Nash Square in downtown Raleigh - Durham Moving Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/durhammovinghub.com\/?p=1923\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"From $800K: High\u2011end condos launch at One Nash Square in downtown Raleigh - 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