DURHAM, NC – November 2, 2023 – Today, Ivanhoé Cambridge, Public Sector Pension Investment Board (PSP Investments) and Greystar announced the final completion and grand opening of Beckon, a six-story, 263-unit residential complex with an accompanying 5,600 square feet of ground-floor retail space located at 311 Liggett Street in Durham, North Carolina. The property has obtained the National Green Building Standard (NGBS) Gold certification, setting some of the highest standards for energy, water savings and air quality standards.
“We are thrilled to be celebrating the grand opening of Beckon alongside our partners and the many collaborators that played an integral role in bringing the project to final fruition,” said Eric Desjardins, Senior Director, Investments, U.S. Residential at Ivanhoé Cambridge. “As the City of Durham continues on its trajectory of rapid growth, we’re pleased to be able to deliver a needed and additional residential offering to keep at pace with the region’s evolving job market and population count. Most of all, we are proud to bring a green option to Durham renters in alignment with our longstanding sustainable investment convictions.”
“Our entire team is incredibly excited to formally introduce Beckon to Downtown Durham,” said Barb O’Steen, Senior Director, Real Estate at Greystar. “Beckon is a truly unique offering as it sits at the heart of the vibrant research and development-focused master planned community within Durham. We are delighted with the finished result and take pride in providing what we believe is an outstanding living experience in a bustling downtown setting, steeped in history and culture.”
Beckon is comprised of 263 units, a mix of 52 studios, 142 one-bedroom, 64 two-bedroom and 5 three-bedroom residences, featuring a plethora of in-unit amenities including custom cabinetry, matte black fixtures, quartz countertops, preparation islands for entertaining and extra seating, energy-efficient black slate appliances, spacious walk-in closets, full-sized in-unit washers and dryers and private balcony and patio spaces in select residences.
Building and shared resident amenity spaces include a pool and accompanying courtyard, a state-of-the-art fitness center, a sky lounge with panoramic city views, a resident clubroom with an Al Fresco social lounge, an outdoor kitchen, co-working spaces, and private conference rooms. Additionally, Beckon includes a pet wash station, a community dog park, an urban pocket park and an on-site parking garage with EV charging capabilities.
Crank Arm Brewery, a local, Raleigh-owned brewery has leased 2,800 square feet of Beckon’s 5,600 total square feet of retail space that will be utilized as their Durham taproom upon opening.
Positioned in the heart of Durham, Beckon is located within walking distance to a variety of neighborhood cafés, restaurants, bars, cultural and museum attractions, retail and shopping offerings, earning a solid walk score of 85 (“very walkable”). Beckon has also received a strong bike score of 79 (“very bikeable”) and a good transit score thanks to its quick access to multiple bus stations and regional train stations throughout the region.
For more information on Beckon and to contact the team, please visit www.livebeckon.com