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RZ-24-03 — Franklin Street Townes—a mixed-use development including apartments and town homes in Wake Forest, NC
Franklin Street Townes, LLC is seeking a conditional rezoning from RMX to RMX-CD for a 4.81-acre parcel at Franklin Park Avenue to develop a mixed-use project with apartments and town homes. The conditional district designation will allow the developer to establish specific site plan requirements and development standards for this project. This case is relevant if you have interests in mixed-use residential development in Wake Forest's downtown or central areas.
| Case number | RZ-24-03 |
|---|---|
| Type | Rezoning |
| Location | 0 Franklin Park Avenue |
| County | Wake County |
| Parcel / legal | Wake County Tax PIN 1840571129 |
| Acreage | 4.81 |
| Current zoning | Residential Mixed-Use (RMX) |
| Requested zoning | Residential Mixed-Use Conditional District (RMX-CD) |
| Proposed use | Franklin Street Townes—a mixed-use development including apartments and town homes |
| Petitioner | Caroline Krause-Iafrate on behalf of Franklin Street Townes, LLC |
| Owner | Franklin Street Townes, LLC |
| Hearing | 2026-09-08 |
| Hearing body | Wake Forest Planning Board |
| Status | new |
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Property & nearby activity
Case history
Every time this case appeared on an agenda we watched, and what changed.
- First seen — 2026-09-04: First seen on a Wake Forest Planning Board agenda · Wake Forest Planning Board
- Staff recommendation — 2026-09-08: Staff recommendation: none stated · Wake Forest Planning Board