BSC Holdings recently broke ground on the most recent iteration of it’s “mixed rental” development concept. From the Triad Business Journal’s story about the development:
Construction began recently on Greensboro developer Barry Siegal‘s new residential project, which includes 83 rental homes and a 120-unit apartment complex.
Lafayette Landing Apartments and Villas will sit on 40 acres on a mostly vacant swath of land at Guilford College and Ruffin roads…
Construction will take 18 months, Williams said, but the first phase — which will include 17 detached single-family homes, three apartment buildings, a clubhouse and garage building — is expected to be ready for occupancy by August.
The second and third phases, including the remaining 66 houses and 12 apartment buildings, will wrap up by late summer or early fall 2016, Williams said. Each apartment building will be two floors and will have eight units. The community will include amenities such as a pool and clubhouse.
The apartments will be one-, two- and three-bedroom units, and rental rates will start at $850 and $1,200, depending on size, Williams said. Rental rates for the homes will range from $1,100 to $1,750.