The first phase of our Purpose Built Communities place-based initiative is the SECU Beacon Site, located along Rock Quarry Road in Southeast Raleigh. The YMCA of the Triangle purchased 32 acres of land along Rock Quarry Road to build a full-facility YMCA in Southeast Raleigh.
We worked with the Y and selected partners to complete the development of the Beacon Site, which opened in 2019.
As an expression of the Purpose Built Communities model, the Beacon Site now represents purposeful partnerships, strategic investment, and collective development. The campus includes affordable apartment homes, a neighborhood public elementary school, an active YMCA, and a commercial and retail space that features a locally owned restaurant and offers quality financial, community, and health services.
SECU Beacon Site Partners
Beyond The Beacon Site
We are partnering with the City of Raleigh and Wake County to advance the first small-scale affordable housing rental development. Situated across ten city-owned parcels in neighborhoods near downtown Raleigh, the 27 units will feature a mix of duplexes, single-family, and ADU rental homes, serving a mix of households with incomes between 30% and 80% of the area median income. Homes are expected to be available in fall 2025 and spring 2026.