Downtown Wake Forest Townhomes Coming in New Craftsman-Style Collection
Forest on Franklin is a modern craftsman-style collection of 12 turnkey Downtown Wake Forest townhomes expected to deliver in spring 2024.
Wake Forest, NC – Chappell [Powered by Compass] is thrilled to announce its first turnkey, boutique townhome collection coming to Downtown Wake Forest. With 12 residences available and various plans starting from the High -$500ks, The Forest on Franklin offers homebuyers connected & curated contemporary living in one of the Triangle’s most charming downtown locales. Sales efforts will begin this summer. Construction is underway and is expected to conclude by spring 2024.
This craftsman-style community, located at 601 S Franklin Street, is named for its embedded Wake Forest locale & seeks to embody the leisure-lead serenity of suburban Triangle living. Its turnkey functionality ensures future buyers an effortless transition to townhome living — allowing elevated features, curated aesthetics & efficiency-focused appliances to do the heavy lifting.
“We’re excited to deliver more Missing Middle Housing to the Triangle, this time in Downtown Wake Forest. We need more housing more than ever, and we’re thrilled to be a part of the solution in this inventory-stricken market.”
– Johnny Chappell, Owner/Broker of Chappell & Member of The Forest on Franklin
Three distinct plans boast 3-4 bedrooms, up to 4.5 baths, and vary in square footage, ranging from 2,500 -2,900 sqft — all easily accessible by an (optional) private elevator with 2-car garages.
FROM THE EXPERTS
“We’re excited to deliver more Missing Middle Housing to the Triangle, this time in Downtown Wake Forest,” said Johnny Chappell, Owner & Broker of Chappell, and member of the development team. “We need more housing more than ever, and we’re thrilled to be a part of the solution in this inventory-stricken market.”
He continued, “At the same time, The Forest on Franklin will deliver an elevated approach to local lifestyle, with high-end features and luxury amenities, including private elevators. And while we work all across the region — from Inside The Beltline Raleigh to Chapel Hill, you can’t beat the historic charm of this area, and our homes will fit nicely into the fabric of the town. We encourage you to put down roots here!”
“The Forest on Franklin is our firm’s first venture into the Downtown Wake Forest community, but we doubt it will be our last,” said Shawn Donovan, Developing Partner and Owner of Concept 8, who is handling construction of the development.
“This kind of turnkey-townhome style inventory is something our team is familiar with executing, and we’re thrilled to expand this style of high-quality, low-maintenance offerings into the Wake Forest market.”
While The Forest on Franklin embraces the signature lux-leaning sophistication of a modern new build — the layout & look feel intentionally familiar. Open-concept living and alfresco entertaining spaces embrace an indoor/outdoor lifestyle; seamlessly converting from gathering spaces to personal retreats when needed. Meanwhile, designated flex space, ample storage, and two-car garages offer adaptable, mixed-use space perfect for any lifestyle.
In addition to the dozen new residential opportunities coming to 601 S Franklin St, Chappell and Concept 8 are currently collaborating on several other Triangle developments. In the Lake Johnson area, the teams are bringing 26 duet-style homes at Wrenwood to market with the first offerings completed later this year. Also, the team is currently delivering Lyon, a collection of duet-style, modern homes Inside The Beltline Raleigh. The companies are also collaborating on Oberlin Heights, 11 luxury townhomes coming to the Village District area, and IDYLE, a collection of net-zero-ready townhomes in Downtown Raleigh.
Chappell [Powered by Compass] is the real estate broker for The Forest on Franklin. Triangle Residential Designs is handling the architecture, Concept 8 is set to complete construction, and Jenn Cobb of Verity Design Studio contributed to the project’s design. Hometrust Bank is the construction lender for the project itself. Davis Orebaugh (CrossCountry Mortgage) is the preferred lender for the development, while Mann, McGibney & Jordan, PLLC is the preferred attorney.
For more information on Forest on Franklin, visit ForestonFranklin.com or contact 919.229.8932.
About Chappell [Powered by Compass]
Chappell [Powered by Compass] is a team of doers and creators pushing the bounds of expected real estate to deliver an exceptional experience. As one of the best residential real estate firms in the greater Raleigh, Durham, & Triangle areas, we are a team of knowledgeable experts who bring years of insight and expertise to every interaction. We’re proudly powered by Compass, the best boutique brokerage in the country. Tech-driven with tools and resources to ignite any listing or project, we invite you to experience real estate differently – whether it’s buying, building, or selling.