April 21, 2020

Dewitt Carolinas Announces Plans for Litchford 315

240 Moderate Income Apartments Rich with Amenities
Luxury Developer to Address Growing Housing Needs in North Raleigh 

Raleigh, NC – April 21, 2020 – Dewitt Carolinas has announced plans for Litchford 315, a new community of 240 garden-style apartments located on Litchford Road in North Raleigh. The 14.3-acre property will include 10 buildings, each with 24 well-appointed apartments, a dog park, and a spacious clubhouse and pool area. Priced to accommodate moderate income individuals and families, Litchford 315 will break ground in early May with the first apartments available by second quarter 2021. For more information about the project, visit www.litchford315.com

Dewitt Carolinas is using the HUD 221(d)(4) program for the project, which insures the developer’s financing to facilitate new construction of moderate multi-family housing. Dewitt Carolinas CEO Todd Saieed said, “Raleigh, like so many cities today, needs housing to accommodate our teachers, public servants, restaurant and retail workers, and others whom we all agree are essential to our vibrant community. Dewitt has deep roots in Raleigh, and we want to help our hometown continue to grow and thrive by combining our capacities in luxury housing with a more affordable development plan. We are grateful that our Dewitt team has been able to keep Litchford 315 moving forward despite the challenges posed by the current pandemic situation. As our local economy rebounds in the coming months, we know that having a supply of quality housing available at an accessible price point will be crucial to Raleigh’s recovery.” 

Litchford 315 will offer one, two, and three-bedroom floor plans, with larger units sized to accommodate families. Apartments will feature contemporary lighting and fixtures, stainless steel appliances, natural stone countertops, and luxury vinyl plank flooring throughout. The community clubhouse includes a gym, a designated kid’s play area, billiards room, and a large gathering space that can be used for resident parties. Other community amenities include a dog park and a landscaped pool area with a cabana. 

The community is located on Litchford Road between Johnsdale Road and Sylvia Dean Street, offering easy access to Highway 540, greater Raleigh, and surrounding communities. 

The architect for Litchford 315 is Planworx Architecture; general contractor is Harold K. Jordan & Co.; civil engineer is Advanced Civil Design; property management and leasing by Drucker + Falk, all local businesses in the Triangle. The first phase of the project will be complete by the second quarter of 2021, with the community fully completed by the first quarter of 2022. 

About Dewitt Carolinas, Inc. 

Dewitt Carolinas, Inc., is a Raleigh based full-service diversified real estate company with over 30 years of experience specializing in office/retail/multi-family development, project management, sales, leasing, and property management. Todd Saieed and Ven Poole founded the firm in the late 1990’s with the vision of developing premium quality real estate projects in the Carolinas. That focus continues to be reflected in the company’s reputation and portfolio. Dewitt Carolinas currently has projects underway in Beaufort, Greenville, Raleigh, Cary, and Wilmington, North Carolina. For more information, visit www.dewittcarolinas.com