Chatham Park covers more than 7,000 acres adjacent to Jordan Lake and downtown Pittsboro. Chatham Park Investors, a private development group, has submitted a Master Plan for the site. A rezoning request was approved by the Town June 9, which allows the project to move forward.
Sitting a short distance from Raleigh, Durham, Chapel Hill, the Research Triangle Park and the Raleigh-Durham International Airport the property is the next logical extension for a region whose population is expanding by 50,000 new residents each year.
Preston Development Company, of Cary, North Carolina has gathered a team of the nation's most accomplished land planners to develop a live-work-play community of the future.
At a time when the tech-centered Research Triangle Park is down to its last few hundred acres, Preston Development Company's Chatham Park stands as a logical complement, providing a future anchor to one of the nation’s fastest growing, economically vibrant and most desirable areas.
Builder Magazine’s 2011 ranking of the nation’s healthiest markets found Raleigh rated #1 and Durham ranked #3. The Raleigh-Durham metro area is consistently named the nation’s “Best Place To Live” by publications like Forbes, and Bloomberg Business Week.
Preston Development Company is working to ensure all zoning and entitlements are completed. Chatham Park is ready to develop as a live-work-play site that will promote tech/bio-tech development so that families can walk or bike to work or school or other activities.
Learn more about the property here and view the video below for information.
After full build out, the project would likely increase Pittsboro's population to more than 60,000 people.