Foster on The Park

The Foster on the Park site is located directly adjacent to Durham Central Park and overlooks the Durham Farmer’s Market. Featuring ground floor retail and elevated residential terraces facing the park, this boutique mid-rise, mixed use apartment community will revitalize a formerly underutilized urban infill site. The design process included collaboration with the City of Durham and the Durham Central Park Board focusing on thoughtful place-making and integration with the surrounding urban spaces.

Foster on the Park will feature ground-floor retail and restaurant space and will overlook Central Park — Durham’s main urban park that hosts a twice-weekly farmers market, food truck rodeos and community and social events.

Location: Durham, NC

Project Type: Mixed-Use

Services:
Architecture, Landscape Architecture, Interiors, Planning

Client: PH-AG Durham Foster, LLC

Project Size:
162 units
2,000 sf retail

Completion Date: Estimated 2019

Construction Type: Type IIIA Residential over 3-Story Type IA Parking and Retail

Information provided by ReBusiness: Blue Heron Asset Management has received a construction loan for the development of Foster on the Park, a 164-unit apartment community located at 545 Foster St. in Durham. Roger Edwards, Justin Good and Henry Sisson of HFF arranged the loan through First National Bank, a subsidiary of FNB Corp., on behalf of Blue Heron. Foster on the Park will feature ground-floor retail and restaurant space and will overlook Central Park — the city’s main urban park that hosts a twice-weekly farmers market, food truck rodeos and community and social events. In addition, the community will be located adjacent to Durham Innovation District, a 1.7 million-square-foot, planned mixed-use development, as well as the Historic Durham Athletic Park. In addition to Blue Heron, the project team includes general contractor Resolute Building Co., architect Cline Design Associates and civil engineer Coulter Jewell Thames. Bell Partners will manage the community upon completion in the first quarter of 2020.