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Apex Today
By the People, for the People
Apex's Veridea Project Developers Pledge NC 55 Upgrades Before Residents Move In
The mixed-use development will include over 200,000 square feet of industrial space, with road improvements planned to support the influx of new residents.
Apr. 14, 2026 at 7:19pm
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A conceptual still life representing the diverse elements of the Veridea mixed-use development in Apex, North Carolina.Apex TodayDevelopers of the 1,100+-acre Veridea project in Apex, North Carolina say improvements to NC 55 near the development will be completed before the first residents move in, expected by the end of 2027. The project will include over 200,000 square feet of industrial space, as well as over 1,000 homes, retail, and a children's hospital. Town leaders and the North Carolina Department of Transportation are overseeing the roadway upgrades, which include intersection improvements and widening along NC 55.
Why it matters
The Veridea development represents a major mixed-use project for the Apex area, bringing significant new residential, commercial, and industrial growth. Ensuring the necessary road infrastructure is in place to support this growth is crucial, as traffic congestion is a common concern for large-scale developments. The collaboration between the developers and local/state transportation authorities demonstrates a proactive approach to managing the project's impact on the community.
The details
The Veridea project, being developed by RXR, will include over 200,000 square feet of new industrial space, as well as over 1,000 homes, retail, and a children's hospital. To support the influx of new residents and businesses, the North Carolina Department of Transportation is overseeing road improvement projects along NC 55, which borders the Veridea site. These include intersection upgrades at Technology Drive and widening from US 1 to Olive Chapel Road. The developers have invested in these transportation projects, with a goal of having the NC 55 improvements completed before the first Veridea residents move in, expected by the end of 2027.
- Construction on the Veridea project has been ongoing for over a year and a half.
- The first residents are expected to move into Veridea near the end of 2027.
- The NC 55 road improvement projects are targeted for completion around 2030.
The players
RXR
The developer of the 1,100+-acre Veridea mixed-use project in Apex, North Carolina.
Joe Graziose
Executive Vice President of Residential Construction and Development for RXR.
Jacques Gilbert
Mayor of Apex, North Carolina.
North Carolina Department of Transportation (NCDOT)
The state agency overseeing the road improvement projects along NC 55 near the Veridea development.
What they’re saying
“You can only imagine the sort of support services that're going to be required, and we're one red light away. Getting this out of the ground sooner and up is obviously very important to us.”
— Joe Graziose, Executive Vice President of Residential Construction and Development, RXR
“All of those roadway improvements are going to make things better with regard to this project. RXR invested in those transportation projects...We're looking at around 2030 for some of those projects to come to fruition.”
— Jacques Gilbert, Mayor of Apex
“To be real, a lot of those projects are way behind with NCDOT...Often times you need a partner to really support you...Having developers come in, like RXR, and be a part of that collaboration is truly, truly impressive.”
— Jacques Gilbert, Mayor of Apex
What’s next
The North Carolina Department of Transportation is expected to provide a more detailed timeline for the completion of the NC 55 road improvement projects in the coming months.
The takeaway
The Veridea development highlights the importance of proactive collaboration between developers and local/state transportation authorities to ensure new large-scale projects have the necessary infrastructure in place to support growth and mitigate potential traffic issues. The commitment from RXR to invest in the NC 55 upgrades demonstrates a forward-thinking approach to community development.
