Zimmer Development Co. this month paid $5.3 million for the three separate parcels it needs for its Fulton Yard development, which as planned will include 535 apartments and 106,000 square feet of retail and commercial space spanning at least four buildings.

Land clearing work is underway at Eagle Landing, a new 288-unit apartment complex on U.S. 15-501 near Voit Gilmore Lane in Southern Pines.