Raleigh’s Smoke-Free Apartment Communities in High Demand
Residents at the new Water Garden Village community in northwest Raleigh can breathe easy on the entire 11-acre property. According to WRAL, the recently opened 100 percent smoke-free apartment complex has been successful, leasing within nearly a month of opening.
Located at 8441 Mount Valley Lane, the 60-unit community has been developed by nonprofit DHIC. The newspaper reports that the property’s non-smoking policy extends beyond apartment walls and includes the fitness center, the clubhouse, the playground and even the laundry facilities.
“We were concerned that it might even limit our ability to rent the apartments,” DHIC President Gregg Warren said with regard to the smoking restriction.
The popularity of such communities marks the beginning of the smoke-free rental housing trend, experts say. Clearly, the smoke-free living option takes healthy housing one step further, bringing tranquility to residents trying to avoid second-hand smoke. On the other hand, the benefits for landlords involve significant savings in clean-up costs of vacant units.
The Water Garden Village is among the first smoke-free apartment complexes in the Triangle. A similar community called the Wilmont, which opened two years ago, is also in high demand. Still under construction, the property is located in north Raleigh on Hillsborough Street.
In other news, M/I Homes Inc. is currently building new residences in 15 Triangle communities, including Raleigh, Cary, Durham and Holly Springs. The Triangle Business Journal reports that the developer has recently added three projects to its regional portfolio: Briar Chapel in Chapel Hill, Traditions at Heritage in Wake Forest, and Wilder’s Woods at Flower’s Plantation in Clayton.
The company is building single-family homes, as well as townhomes, with prices ranging from about $150,000 to $600,000. With the disposition of 317 residences, M/I Homes’ Raleigh division registered its best sales year in the Triangle throughout 2012. The office opened in 1988 and is led by Ed Kristensen.
Photo credits: www.apartmenthomeliving.com