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Jim Goodnight, Tim Smith and “Bubba” Rawl are at it again.  Preston Development has purchased 2,000 acres South of Pittsboro and have an eagle eye on 1,000 more.  About all Tim and “Bubba” will say about their plans for the acreage is that it will have 2 golf courses.  As you know Tim and “Bubba”, with the backing of SAS Institute found Jim Goodnight, developed Preston in Cary and put together the acreage package that is now Wakefield.  Jim Goodnight, the wealthiest member of our community, is backing them in this venture as well. 

If you haven’t been keeping up with what is going on in Pittsboro it’s time you did.  Newland Communities, a developer out of San Diego, has an approved subdivision called Briar Chapel which will have 2,389 homes on 1,589 acres five miles South of Chapel Hill off of U.S. 15-501.  There will also be two schools and more than 500,000 square feet of commercial space. 

 

 

 

1 Comments on Pittsboro NC Real Estate - Chatham County Continues to Boom

NOV
06
2006
Chatham County is the place to be.......with the spillover from Orange County and Jordan Lake......it's a great opportunity to invest...
Paul
10:29pm • #1

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Tracy Santrock-Cary NC Realtor

Cary, NC

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Fonville Morisey/Santrock Realty Group, Inc.

Address: 1903 High House Road, Cary, NC, 27519

Office Phone: (919) 656-5310

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Welcome to my Cary NC Area Real Estate Blog. This blog provides area real estate information and resources to guide homeowners and buyers through the process of selling and buying a house, townhome or even investment property. If you are interested in Cary NC Real Estate, please e-mail me here for a personal response! Thanks and let's get blogging!
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