CityPlat of Raleigh has successfully acquired the former Arby’s property at 3415 Hillsborough Street for $2.5 million, marking the final piece of its assemblage for a new mixed-use development. With plans for over 275 market-rate apartments and full amenities, the project aims to capitalize on the site’s prime location between Meredith College and North Carolina State University, with construction anticipated to begin in approximately three years.