HERE WE
GROW AGAIN REAL ESTATE UPDATES, PLUS A LOOK AT UPCOMING PROJECTS BY ANNA-RHESA VERSOLA RENDERING COURTESY OF BOLD DEVELOPMENT GROUP
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broke ground in late June on a 5-acre parcel located across from Chatham Downs shopping center off of Highway 15-501 near Lystra Road. The development plan includes two 7,200-squarefoot buildings for a mix of tenants, including wellness, retail and education-based businesses along with two restaurants that can share outdoor patio space. Vertical construction of 501 Landing is slated to begin later this year, says Chela Tu, a commercial broker at Bold Commercial Real Estate. Bold Development Group is also involved with Williams Corner, another
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old Development Group
CHATHAM MAGAZINE
project in the same vicinity along Highway 15-501 at Lystra Road. The plans for Williams Corner feature approximately 140,000 square feet of retail space, 40 townhomes and up to 270 apartments. The 118-acre development is expected to be built in three phases, starting with retail and apartments, and is slated to be fully completed by 2027. Fifty-nine acres of the development will be designated as conservation land. An environmental plan was updated in 2020 calling for an off-site wastewater treatment process, which is different from the original plan approved in 2008. CM
SEPTEMBER / OCTOBER 2021
UPDATES Warren D. Mitchell submitted to the Chatham County Planning Department plans to develop the Pyewacket Subdivision, a single-family subdivision on 128 acres off Jones Ferry Road at the Orange-Chatham county line. Lots will have private community wells and septic systems. Ricky Spoon Builders Inc. proposed a 35-lot residential subdivision on 40 acres off Manns Chapel Road. The company also has plans for nine lots in a separate 16-acre subdivision at 1545 Moore Mountain Rd. Lot sizes average 1.7 acres with private wells and septic systems. The Legion Company proposed a 102-lot subdivision for 125 acres on Andrews Store Road, one mile west of Highway 15-501. The lots will be served by Chatham County Public Utilities and Old North State Water Company. The Timmons Group proposal for 154.6 acres on Moncure Pittsboro Road will have 165 lots with public water service and private septic systems. Each lot is less than a halfacre. WithersRavenel proposed a 149-lot residential subdivision for 162 acres on Old Graham Road. Each lot will be about two-fifths of an acre and have water and sewer service provided by Aqua America Inc. – Compiled by Renee Ambroso