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Peerless Building 259-Unit NCSU Student Housing Development

Sector: Education • Location: Raleigh, North Carolina, United States

Source: Connect CRE

Project
Planned

Peerless Development is pursuing the construction of a 713-bed student housing project on Crest Road directly behind North Carolina State University’s South Campus. The project includes a 7-story mixed-use building with 259 units of various bedroom sizes, two levels of underground parking with 294 spaces, and a swimming pool amenity. Peerless expects to add a retail component to the project. The s

Status
Prospective
Sector
Education, Car parking, Residential, Automotive, Commercial
Location
Raleigh, North Carolina, United States of America
Updated
22 Jul 2026
Source
Connect CRE

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The project “Peerless Building 259-Unit NCSU Student Housing Development” is an infrastructure initiative in the Education sector, located in Raleigh, North Carolina, United States. Taiyo aggregates data on it from Connect CRE.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Peerless Development is pursuing the construction of a 713-bed student housing project on Crest Road directly behind North Carolina State University’s South Campus. The project includes a 7-story mixed-use building with 259 units of various bedroom sizes, two levels of underground parking with 294 spaces, and a swimming pool amenity. Peerless expects to add a retail component to the project. The site is 2.57 acres at 1523 Crest Road, currently occupied by an apartment complex that must be razed before construction begins.

Original sector

Real Estate

Location

Country

United States of America (USA)

State

North Carolina

City

Raleigh

Source

Source

Connect CRE

URL

More Details

Record type

Project

Sector

Education, Car parking, Residential, Automotive, Commercial

Article published date

2026-07-19

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