360-Unit Community Planned for South Greensboro

From the Triad Business Journal:

Triad apartment developer Tom Holderbyhas submitted site plans to the city for a 360-unit, $24 million apartment complex in south Greensboro, the latest in a long list of multifamily developments for the Triad.

The development, named Woodland Heights of Greensboro, will be located on a 27-acre tract about five miles outside downtown off South Elm-Eugene Street, immediately south of I-85 and accessed by Elmsey Meadows Lane.

Construction is scheduled to start in late summer. The first phase of 120 units and a clubhouse is slated to be complete this fall, with the remaining 240 units coming online next summer.