Fri, Nov 14, 2025
Mixed-Use

RXR Breaks Ground on $3B Veridea Master-Planned Community in North Carolina

Source: Construction Dive

New York-based RXR begins first phase of $3 billion Veridea mixed-use project in Apex, NC, including residential, commercial, and educational components.

RXR, a New York City-based real estate firm, has commenced construction on the first phase of Veridea, a $3 billion mixed-use master-planned community in Apex, North Carolina. The development will integrate residential living with commercial services, educational facilities, and recreational amenities. The first phase focuses on establishing the community's residential and commercial core.