N.C. State is building a new chancellor's residence on the shores of Lake Raleigh, over on Centennial Campus.
(Here's a map, if you can't figure out where it will be...)
And thanks to this website from NCSU's communications office, you can follow its progress.
(Photo: N.C. State Alumni Association)
Original designs called for a massive, 12,000-square-foot home at a price tag of $5 million; but those plans were scaled back considerably before the final project was approved.
The house is slated to be done in the spring.