The developers of the planned 140 West Franklin condo and retail complex in Chapel Hill have selected the John Moriarty & Associates Inc. construction company as the project’s general contractor.
Construction is slated to begin in June for the $40 million project on Franklin Street.
Winchester, Mass.-based JMA has opened an office in Durham led by 35-year construction industry veteran George Sparling, vice president and general manager of Moriarty Southeast.
JMA specializes in luxury residential buildings, commercial office buildings and mixed-use communities. It also has offices in Virginia, Florida and Connecticut.
140 West Franklin reached a milestone of 40 condo sales in March. When complete, the eight-story building will have 140 condo units, 26,000 square feet of retail space and a 337-space parking deck. The parking deck will be owned and operated by the town of Chapel Hill.
Ram Development Co. of Palm Beach Gardens, Fla., is the developer and owner of the 140 West Franklin property.