Capstone Apartments is pleased to present The Guild at Mosaic, a 165-unit, new construction apartment community located in Pittsboro, North Carolina. The Guild at Mosaic is currently under construction, with all units set to come live in December 2022. The property will feature luxury Class-A finishes, putting it amongst the top rental options in the market. Favorable demographics in the Chatham County submarket have resulted in rent growth north of 22% in the last twelve months. Additionally, with nearby proximity to Highway15-501 and Highway 64, residents benefit from the convenient access to all of the economic demand drivers in the downtown area, major employers in the MSA and neighboring cities such as Chapel Hill, Durham, and Raleigh.
The Guild at Mosaic is an anchor project within the Mosaic at Chatham Park mixed-use community, which at full-blowout will consist of 750,000 square feet of retail, office, residential, hotel/ hospitality and live performance theatre and featuring highly activated amenities such as the outdoor stage and event lawn, the Works Yard, and the perimeter walking trail. Mosaic is the first major commercial center located within the Chatham Park master-planned community, which includes nearly 8,000 acres and plans of up to 22,000 new residences over a 20–30 year time horizon. The favorable location, positive multi-family fundamentals, and some of the top finishes in the market position The Guild at Mosaic as an excellent investment opportunity for brand new, Class-A construction in the submarket.