Raleigh’s Seaboard Station Set for $250 Million Mixed-Use Development After William Peace University Sells Property

Dec. 14--RALEIGH -- The northern edge of downtown Raleigh is set for more transformational development, after William Peace University said it has found a buyer for the Seaboard Station property.PN Hoffman -- a developer known for building The Wharf property in Washington, D.C. -- has purchased Seaboard Station from the university for $34 million, according to Wake County records, and plans to build a $250 million mixed-use project there.The 800,000-square-foot development will be built in thre