LIV Development Acquires Raleigh Property for $8.9 Million to Build New Apartment Complex

June 5, 2025 - 18:00

LIV Development has successfully acquired a property in Raleigh for $8.9 million, with plans to construct a significant 280-unit apartment complex. The new development, named Midtown at Pacific, aims to enhance the local housing market by providing modern living spaces tailored to the needs of residents.

This ambitious project is designed to include a variety of amenities that will cater to the lifestyle of its future tenants. Residents can look forward to features such as a state-of-the-art fitness center, a community lounge, and outdoor recreational areas. Additionally, ample parking will be provided to ensure convenience for all residents and their guests.

The decision to invest in this property reflects the growing demand for quality housing in Raleigh, a city known for its vibrant culture and economic opportunities. As the project moves forward, it is expected to contribute positively to the local community and economy.