National multifamily developer Wood Partners announced the official groundbreaking of Alta Bethpage in Durham, North Carolina. The 336-unit multifamily community is part of the company’s attainable housing initiative offering upscale living at cost-effective rates. Alta Bethpage broke ground this week and Wood Partners is slated to deliver the community in the first quarter of 2027.
“Alta Bethpage places residents at the center of convenience and opportunity in one of the fastest-growing cities in North Carolina,” said Caitlin Shelby, Managing Director with Wood Partners. “We’re looking forward to contributing to the region’s growth by providing high-quality, attainable housing options that further address the housing needs of the area.”
The 336-unit multifamily community features a mix of one-, two- and three-bedroom layouts and will include a state-of-the-art pool, a clubhouse, two dog parks, a pet spa, a disc golf course, open space and walking trails. Wood Partners’ attainable communities are built with upscale finishes such as granite countertops and stainless steel appliances and top-of-the-line amenities. The developer saves on costs by selecting well-located suburban sites, executing an efficient and consistent design, and embracing minimal, yet well-done, landscaping. These savings allow for a lower price point for the renter.
This will be Wood Partners’ fourth project to commence construction in Durham in recent years.
Wood Partners is a national leader in the development and construction of multifamily communities across the United States. The company has been involved in the acquisition and development of more than 110,000 multifamily homes with a combined capitalization of $23 billion. The company currently owns more than 80 properties across the United States, representing approximately 25,000 homes. Headquartered in Atlanta, Wood Partners has offices in 18 major markets across the country. Wood Partners is consistently ranked as one of the five largest multifamily developers in the United States.
