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Pappas Properties will develop Crabtree Village, a 65-unit build-to-rent project in Raleigh, N.C. The city council unanimously approved the rezoning request and construction is slated to start in September 2025.

The project will take shape at 5201 and 5301 Homewood Banks Drive, about 6 miles northwest of downtown Raleigh. The 1.3 million-square-foot Crabtree Valley Mall—Research Triangle’s largest enclosed shopping center—neighbors the site.

Upon completion, Crabtree Village will encompass two- and three-story rental homes ranging from 1,600 to 2,000 square feet. Amenities are slated to include a clubhouse, dog park and swimming pool.