TBJ ran an article on these yesterday. Matt Tomasulo (former Guest House Raleigh and planning commissioner chair) is behind them!
The 3-story buildings will have a total of 34 studio and one-bedroom units. Casitas Aqui I will total 10,140 square feet and Casitas Aqui II will total 17,220 square feet, which equals around 600-800 square feet per unit. There will be 34 parking spaces.
Tomasulo declined to give a rental range, but he did say that the apartments would rent at a lower rate than others in the area to make it more accessible. In addition, 8 to 10 percent of the units will be for those making 60 percent of the area’s median income.
He does not yet have financing. If he can pull this off, I think it really would be an amazing example of what development of this scale can accomplish.