Raleigh Developer Acquires Project Land for $12M

DURHAM, NC-GreenHawk Corp. of Raleigh has acquired the remaining land at the dormant Four Seasons at Renaissance project off Page Road here for approximately $12 million and plans to restart the development under a different name next year.

By John Jordan | November 08, 2013 at 01:20 PM

DURHAM, NC-GreenHawk Corp. of Raleigh has acquired the remaining land at the dormant Four Seasons at Renaissance project off Page Road here for approximately $12 million and plans to restart the development under a different name next year.

The Four Seasons active adult community was developed by K. Hovnanian Homes, which finished and sold 18 homes in the proposed 455-unit community. Work at the development stopped in 2012, according to the Triangle Business Journal.

GreenHawk President Craig Briner says the firm plans to restart construction at the Four Seasons site in early 2014. The company is negotiating its first lot sale to a local builder group, he adds. See story in the Triangle Business Journal.

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John Jordan is a veteran journalist with 36 years of print and digital media experience.

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