![]() Planned renovations include modernized clubhouse design and decor, a 24-hour touchless package locker system, enhanced pool and outdoor lounge areas, and more. “Leveraging on the strong demographics and demand for upgraded product in the area, we are planning to implement an upgrade program focused on modernizing the property and bringing it in line with newer comparable communities in the submarket,” noted Kees Bruggen, Managing Director, StoneBridge Investments. Residents of Haven at Patterson Place enjoy a market-leading amenity package including a resort-style swimming pool, 24-hour state-of-the-art fitness center, clubhouse, 24-house cyber café with wi-fi, community fire pit, dog park, playground, grilling stations, resident car wash with vacuum station, and complimentary package service. “We believe these factors will continue to drive outsized growth for Raleigh/Durham as a whole as well as our specific submarket,” Bateman added. Its promising trajectory is highlighted by Apple’s plans to open a $1 billion East Coast campus just down the road from Haven at Patterson Place.” “With a diversified employment base focused on the medical, educational, life sciences, and technology sectors, Raleigh-Durham has a great economic foundation. “We were attracted to this opportunity because of the unique combination of quality construction and desirable location within the Durham market,” said Will Bateman, Director, StoneBridge Investments. The community’s convenient location at at 5110 Old Chapel Hill Road places it within easy reach of major employment centers as well as Raleigh-Durham International Airport. The community is less than a ten-minute drive from Duke University, the University of North Carolina-Chapel Hill, and Research Triangle Park. The company now owns a portfolio of more than 1,000 units in the Research Triangle area.īuilt in 2002, Haven at Patterson Place is situated in the dynamic and high growth South Durham market. ![]() Pairwise will be joining WillowTree and Asheville’s Hi-Wire Brewing at the new campus, among other companies.This is Stonebridge’s fourth acquisition in the Raleigh/Durham market. With the most recent lease signed, the facility is about 75 percent leased, according to brokers who worked on the deal. The Golden Belt Campus is a 325,000-square-foot former mill used to process textiles and tobacco that has since been renovated into new office and lab space. The company will keep its 25,000-square-foot greenhouse in RTP. With the lease deal in hand, Pairwise plans to grow its payroll from 50 employees today to as much 90 by the end of next year. The latter three are academics affiliated with Harvard University and MIT. The founders of the company include Adams, Haven Baker, Keith Joung, David Liu and Feng Zhang. The company ultimately landed on North Carolina because of the available talent and the state’s diversified crop base. Louis, which is one of the few alternative sites the company considered for its headquarters. Without outlining detailed plans for specific plants, Adams says the company is interested in “snackable” produce and lists berries as a potential area of focus.Īdams has moved to the Triangle from St. “And being where our eventual customers are would be really helpful.” “We’re a company that’s interested in doing some things with crops that consumers interact with,” Adams says. CEO Tom Adams previously worked on genetically modified crops, or GMOs, at Monsanto for two decades and says the company is working to develop crops for Monsanto’s new owner, Bayer, as well as consumer-facing products. The company specializes in developing and using gene-editing technology to alter crops, selectively modifying a plant to have, for example, a longer growing season. But a lease just signed by the company gives it 36,000 square feet of office and lab space at the Golden Belt Campus, in a location the firm says will help attract top talent and put it near new technologies being developed in the life sciences and agricultural industries. Pairwise, founded in March, has been operating in temporary offices in the former Monsanto facility in Research Triangle Park. ![]() A new agricultural tech company is making the short drive across the Triangle to set up its headquarters in downtown Durham.
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