As a Realtor here in Chatham County, this mega-project is something that I've been following for a while, and now there's finally a timeline!
And maps! And renderings!
Cary's Preston Development plans to start construction on Thale's Academy in the next 60 days along with three more office buildings in 2017. In addition to that, they plan to lay the first utilities and roads for the first residential neighborhood before the end of the year.
Preston's Tim Smith went on to say the first homes should start construction in the next 14 months. Since homes generally take six months to build, expect the first closings to take place before the end of 2019.
Can't wait that long? Check out my Chatham County Neighborhood Guide and see what's on the market now in many neighborhood around Chapel Hill and Pittsboro. After you find a home you're interested in, give me a call and we can set up a tour.
Chatham Park is a multi-decade development project near Pittsboro, NC and is expected to be on the same scale as Research Triangle Park spanning 7,000 acres with homes, shopping, medical, and more.