Locally based Beacon Street Development Co., which recently completed and sold out its Fairview Row condominiums in Raleigh, N.C., plans to break ground on another community in the same neighborhood early this fall. Named The Wade, the property will be located in the historic Hayes Barton community, near the Five Points area.
Fairview Row comprises 14 residences across three traditional-style buildings designed to blend seamlessly with the surrounding architectural landscape. Hayes Barton is renowned for its classical, New South–style architecture, which is reflected in the property's brick detailing, large window placements, and grand outdoor porches, among other features.
“Building in a place as beloved as Hayes Barton is a privilege that comes with great responsibility,” says Jim Wiley, president at Beacon Street, in a statement. “As a company, we aim to steward that responsibility with immense care, creating enduring value for residents, businesses, and others within the community. We designed Fairview Row to honor the historic charm of the area while bringing modern amenities to its sophisticated residences.”
Fairview Row’s living experience is similar to that of a private home with the conveniences of a condominium, says Beacon Street. Each building contains a central elevator, climate-controlled storage, and security features.
The community is located on the transitional edge of Hayes Barton, between the village center and the pure residential area. Its businesses have reaped the benefits of Fairview Row’s development in terms of both property values and community engagement.
“Since these beautiful buildings began taking shape in Five Points, we've seen an uptick in activity. From new boutique shops to a craft brew store, our neighborhood is growing, and we can't wait to see how it continues to grow,” says Jean Martin, owner of NOFO, a café–food market in Five Points.
The Wade will contain 27 two- and three-bedroom units in one condo building. The Wade will continue Beacon Street’s commitment to creating traditional-style buildings in the area, with classical exterior architecture and modern interior features, notes the firm.
