about the location

About the space:

Elmwood Development is under construction on The Rigsbee. The mixed-use project will feature 1,902 RSF of street retail space in a luxury 82 apartment building. The highly visible and trafficked corner of Rigsbee and Corporation sets the tone for a dynamic retail experience. Amenity-dense Central Park district welcomes all to a variety of work, live, and play options. Users are invited to add to the aesthetic with exciting and innovative concepts. F&B uses will be limited to non-ventilated, non-grease trap concepts and will have exterior terrace seating. Delivery for The Rigsbee is slated for early 2023 with tenant buildout starting in Fall 2022. Rental rate is $32.00/SF NNN with TICAM estimated at $5 – $6/SF. Cold Shell delivery, TIA negotiable. Elmwood Development has more in-store in with another mixed-use project next door.

• Densely populated in the desirable Central Park District of Downtown
• Luxury Mixed-Use Apartment Building with Street Level Retail
• Corner retail space for maximum exposure along Rigsbee Ave. and Corporation St.
• Amenity-rich area in Downtown Durham with excellent Walk Score
• Cold Shell Delivery, TIA Negotiable