Eco Group Plans $800M M-U Project Near Raleigh-Durham

The 350-acre live-work-play development known as Mosaic will break ground in 2018. Phase one will yield 44 acres of entertainment and lifestyle accommodations at a construction cost of $140 million.
Eco Group unveiled plans for Mosaic, a mixed-use project in the Raleigh-Durham area designed to serve as a vibrant urban enclave in the middle of Chatham County’s suburbia. The company, a joint venture between John Fugo of Montgomery Development and Kirk Bradley of Lee-Moore Capital Co., will build the $800 million project at the entrance of the 7,100-acre Chatham Park master planned development in Pittsboro, N.C.
Categories : Finance

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