Hatteras Sky is a commercial real estate firm focused on multifamily and hospitality development in high-growth American markets. In addition to ground-up new construction developments, we renovate, restore, and reactivate our historic buildings. We pride ourselves on our ability to identify unique opportunities that deliver long-term value to our team, our investors, and the communities we serve. While maintaining an entrepreneurial approach, we strive to adhere to the highest standards of integrity, quality, and partnership. We aim to create structures and communities that will be useful, beautiful, and strong for generations.
Hatteras Sky has active development projects across the United States. Our multifamily portfolio includes several active ground-up mid-rise projects in and around Seattle and Lynnwood, Washington, and a ground-up high-rise project in Phoenix, Arizona.
Our active hospitality projects include a major brand flag adaptive re-use development in Salt Lake City, Utah, a hotel portfolio in partnership with the Zelda and F. Scott Fitzgerald Estate in Asheville, North Carolina, and independent hospitality developments in and around Asheville, North Carolina.
Combined, these projects total over $700M in development costs.
To learn more about Hatteras Sky’s active development projects, please use the interactive map below or click on the Development link at the top of this page.
Active Development Project
Multiple Projects
(click to view all)
Asheville, North Carolina (JULY 24, 2023) — The Radical, a bold, daring new boutique hotel is set to join the River Arts District this fall.
ASHEVILLE (May 25, 2023) – The Radical, a 70–key arts-focused boutique hotel by development firm Hatteras Sky, is a proud sponsor of this weekend’s GrindFest
PHOENIX (August 26, 2020) – Real estate development firm Hatteras Sky along with capital partner Bridge Investment Group broke ground earlier this month on a
SALT LAKE CITY (August 11, 2022) – Real estate development firms Hatteras Sky and The Athens Group broke ground on Asher Adams, an adaptive re-use
BUILDINGS MAGAZINE – April 2022 by Robert Nieminen A ‘Rad’ Approach To Adaptive Reuse The adaptive reuse of the historic Kent Building into a
Partnership with Hatteras Sky to Open Two Properties Lark Hotels announces its entry into the Asheville, North Carolina market through an operations partnership with Atlanta-based
By Audrey Jensen – Reporter, Phoenix Business Journal The Phoenix metro was named one of the top markets in commercial real estate investment last year as investors continue
SEATTLE (January 25, 2022) – Real estate development firms Hatteras Sky and Trent Development and capital partner Cresset Real Estate Partners today broke ground on
Hatteras Sky’s mission is to create places that foster connection for our residents and guests – connections among them and between them and their neighborhoods. Our experienced professionals are committed to ensuring every Hatteras Sky asset builds upon the story of our communities’ history and personality and advances that story to the next chapter.
Hatteras Sky is able to leverage the growing connection in design trends between multi-family and hospitality asset classes to enhance our renter and guest experience:
Multifamily has adopted an amenity-rich, hospitality-like program model, while hotels have incorporated more residential elements into their experience. As our team innovates in one asset class, that innovation carries over to the other, helping us grow our success and give unique insights into the next best thing.