The Growth Rate

Updated May 26, 2021

Proposed residential and commercial projects

*Graycliff Capital in Greenville, S.C. paid $3.5 million on April 16, 2021 for land near the Heritage Golf Course where the company plans to build a 182-unit apartment building to be called Greenway Village at Heritage. The sale has not yet been recorded in the Wake County website.

There will be 10 studio units, 72 one-bedroom one-bath units, 92 two-bedroom two bath units and eight three-bedroom two bath units. Amenities include a saltwater pool, fitness center and cycling room, a dog park and dog room along with grilling stations. It will have direct access to a greenway trail.

The company has not yet submitted plans to the Wake Forest Planning Department for review.

*There has been no further public action on E. Carroll Joyner’s plan for the former Wake Forest Country Club where John R. McAdams Company and Toll Brothers could build 389 townhouses, leaving 19 acres in a nature park named for his deceased wife and 54.5 acres of open space in the Horse Creek floodplain. It was last heard of on February 24 when Laura Holloman with the John R. McAdams Company held a pre-application conference with members of the Wake Forest Planning Department staff. Information about that conference and a plan for the development of the 147 acres was reported by The Wake Forest Gazette in its March 31, 2021 edition.

Joyner bought the country club property in 2012 for $325,000, according to information in the Wake County website. At that time the Wake County website listed the value at $1,550,400. In 2011 Branch Bank and Trust Company (BB&T) had foreclosed on the property Joel Young had owned since 1974 and it was for sale after that.

In January of this year Joyner transferred ownership of the three country club parcels from his name to a company called Dry Timber that shares his address. Joyner, McAdams and Toll Brothers may be constrained by the planned unit development that former owner Joel Young placed on the land which has the golf course as open space. Planning Department Director Courtney Tanner said plans like that go with the land, not the owner.

*Two nursing homes are planned, one on South Main Street just south of Lidl and across the street from The Lodge, an assisted living for older people, and one on Gilcrest Farm Road between the Hawthorne at Traditions apartments and Del Webb at Traditions age-restricted subdivision.

Future residential  and commercial projects under review

*Rosedale Subdivision (formerly Averette Road Subdivision) Phase 1 is a plan for 60 single-family lots. It is associated with Tryon subdivision. It is former Pearce family land. Priest Craven & Associates is the engineer for this and the following subdivision.

*Rosedale Subdivision (formerly Averette Road Subdivision) Phase 2 is a plan for 66 single-family lots. It is associated with Tryon subdivision.

*Star Road PUD is a plan for both office space – a maximum of 60,000 square feet – and townhouses with a maximum of seven units per acre. The only available plan shows only the lot and the stream buffers.

*Taco Bell will be a restaurant on Gateway Commons Circle with a drive-thru.

*Mason Oaks Parcel 3 is a plan to build 21 townhouses along Edgemoore Trail.

*Hawthorne Wake Forest (formerly Villagio) is a plan for eight multi-family buildings with 248 units on Star Road. The engineering firm is NV5.

*413, 425 and 435 Wait Avenue or Wait Condos calls for a 40-unit condominium apartments with above-ground and underground parking in the block between North Taylor Street and North Franklin Street on Wait Avenue. Two existing houses would be razed. The engineers are Priest, Craven and Associates. The land is owned by PGNC Ventures LLC with offices at 7208 Falls of the Neuse Road. The site is 1.55 acres.

*Foundation Drive Apartments is at least the second proposal to build on the drive that also leads to Heritage High School. The page for this in the town’s interactive development map is not available, but it is planned for 48 units.

*Super Deal Tire and Muffler wants to build a 4,800-square-foot building at 538 and 609 South White Street for servicing vehicles.

*Quail Crossing on Wait Avenue just to the east of Radford Glen is planned for 254 rental multi-family units by Middleburg Communities and their engineering firm, the McAdams Company. The sale by owner George Mackie is contingent on a rezoning for mixed-use residential.

This is affordable housing with rent at $300 per month in a setting with trees and shrubbery the neighbors in the next-door Bowling Green subdivision appreciate. It will displace 47 families currently living in what is now called Deerfield Crossing (formerly Wellington) Mobile Home Park.

*Traditions Grande Care Facility on Gilcrest Farm Road between Del Webb at Traditions and Hawthorne at Traditions will be a residential care facility with 19 beds.

*JP Morgan Chase Bank is planning a 3,298-square-foot building 11051 Ligon Mill Road.

*Casa Esperenza charter school wants to build a school with 49,490-square-feet for elementary and secondary students on Star Road.

*Infrastructure plans for Raleigh Water to replace and repair water lines along multiple town streets; the realignment of Averette Road; an off-site water line on Averette Road; and the extension of Friendship Chapel Road, now a deadend road, into the Holding Village subdivision,

Approved residential projects not under construction

*Hawthorne at Traditions is on Gilcrest Farm Road and Royal Mill Avenue. The plans were recommended by the planning board. It will have 272 units in two four-story buildings. Its subdivision and master plans were approved by the town board in April.

*Legacy Center Church will build a 12,400-square-foot church on Rabbit Run Road.

*Thales Academy on Wait Avenue (N.C. 98) at the intersection of Averette Road has been approved by the Wake Forest Town Board. The school for elementary and secondary students will have 37,151 square feet.

*Forest on Franklin is planned for 12 townhouses facing Franklin Street on the east side of the street. The Wake Forest Board of Commissioners approved the plan on April 20. The master plan was submitted by The Nau Company for 2.105 acres zoned urban mixed use.

*Radford Glen has been approved for construction by the town commissioners and its annexation request is on the May 18 agenda. On the south side of Wait Avenue, it will have 165 single-family lots.

*Grove 98 North is part of the larger Wegmans development that includes the new grocery store. It will have 354 units of multifamily housing on the north side of the N.C. 98 Bypass and some commercial.

*Traditions Townhomes on Traditions Grande Boulevard is planned for 37 townhouses. It was approved by the Wake Forest Planning Board and then by the Wake Forest Town Board on May 18, 2021.

*Holding Village North Lake Phases 5-8 along South Franklin Street are planned for 208 single-family lots and 156 townhouse lots. The developer will also be constructing the new section of South Franklin Street which will meet the N.C. 98 Bypass.

There is still more development planned and possible in Holding Village. Wake Forest Assistant Planning Director Jennifer Currin said the planning department has also received construction drawings for the Holding Village apartments. In addition, “There is also a portion of a parcel north of Friendship Baptist Church, adjacent to the Bypass, and a smaller tract off S. Franklin St. that are part of Holding Village and could be developed.” The trees have been felled and heavy construction that includes the extension of South Franklin Street is underway for this and the apartments.

*Holding Village Apartments on Friendship Chapel Road plans 320 units and is part of the heavy construction underway.

*Radford Glen was approved by the Wake Forest Town Board on Sept. 15, 2020 for 167 single-family homes and 10 townhouses. The Sept. 2, 2020 edition of the Gazette has a full description of the subdivision. It is on the south side of Wait Avenue immediately east of the Deerfield Crossing (formerly Wellington) Mobile Home Park.

*Rosedale/Averette subdivision will have 890 homes on both sides of Averette Road. It is an extension of the Tryon subdivision.

*Kinsley on both sides of North Main Street, 203 acres with 274 single-family lots and 450 townhouse lots – 724 in all, was approved by the Wake Forest commissioners on Feb. 9, 2021. This is a somewhat smaller version of the subdivision than was originally proposed, but the amount of affordable townhouses remains the same.

*Royal Mill Apartments is planned for 96 apartments in four three-story walk-up buildings with one building for three townhouses all on 6.3 acres at the southeast corner of the Royal Mill Avenue and Flaherty Avenue.

Residential projects being constructed

*Kitchin Farms Phase 2B on Burlington Mills and Ligon Mill roads for 123 single-family lots. The master plan has been approved.

*Meridian Rogers Branch Apartments on Rogers Branch Road is planned for 264 units. The Wake Forest Town Board has approved this project. Building permits have been approved.

*Legacy Heritage, an apartment complex of 308 units at the N.C. 98 Bypass, Heritage Lake Road and Friendship Chapel Road, has been approved by the town board in 2019. There has been blasting to take out the granite, tree clearing and substantial site preparation. Building permits were issued in April 2021.

*Holding Village South Lake Phase 4 along South Franklin Street is for 25 single-family lots.

*Holding Village North Lake Phases 5-8 along South Franklin Street are planned for 208 single-family lots and 156 townhouse lots. The developer will also be constructing the new section of South Franklin Street which will meet the N.C. 98 Bypass.

There is still more development planned and possible in Holding Village. Currin said the planning department has also received construction drawings for the Holding Village apartments. In addition, “There is also a portion of a parcel north of Friendship Baptist Church, adjacent to the Bypass, and a smaller tract off S. Franklin St. that are part of Holding Village and could be developed.”

*Holding Village Apartments on Friendship Chapel Road plans 320 units.

*Crenshaw Trace will be a four-story apartment building on Durham Road with 68 units for people 55 and older who will not have to pay more than 30 percent of their income for rent.

*Everly amendment for the subdivision on Stephen Taylor Road to increase the plan to 173 lots.

*A building permit has been issued for the St. Catherine of Siena Parsonage at 600 West Holding Avenue.

*Devon Square on Capital Boulevard with a second entrance on Harris Road was approved by the Wake Forest Town Board on April 17, 2019 by an unusual three to two vote with Mayor Vivian Jones voting in Commissioner Liz Simpers absence. It will have 148 townhouses and an unspecified amount of commercial nearest Capital Boulevard, as well as 40 single-family homes in back. There are 68 acres and the plan includes a 50-foot naturally wooded buffer between the single-family residential section and E. Carroll Joyner Park.

*Greenway Village at Heritage on South Franklin Street has been approved for 188 apartments.

*Siena Drive Phase 1 & 2 Revisions is for a townhouse development with 96 units.

*Brewer Circle subdivision calls for nine lots.

*Forest Pines Retirement Community on Royall Cotton Road is a 130-unit apartment complex.

*Tryon Phases 10 & 11 on Copper Beech Lane plans for 35 single-family lots.

Commercial or institutional projects being constructed

*Wake Forest High School Stadium, Trentini Stadium, will be renovated by BAR Construction Company, which was the low bidder at $6.6 million of six bidders when the Wake County Board of Education put the put out the project for bid. BAR will demolish and replace the existing grandstands, athletic field and track. The track will also be brought to current standards and existing drainage problems will be addressed.

The target date for completion is March 2022.

The stadium began life as Groves Stadium for Wake Forest College. It was named for a donor, completed in 1940 and could hold 20,000 people. Trentini Stadium is named for Anthony Trentini, a Wake Forest College football player 1952-1959 and the coach of the Wake Forest High School football team 1959-1963.

*The Loading Dock, a co-working facility in the former warehouse at 525 South White Street, is under construction. It was built as an office and warehouse for the W.W. Holding Cotton Company and is owned by Bob and Elizabeth Johnson.

*Heritage Corner in the northwest corner of South Franklin Street and Rogers Road across from Sheetz will be two two-story buildings with commercial uses in the first story and office space in the second story.

*The Tru Hotel on Wake Union Church Road and Hampton Way Drive has been at a standstill – red clay, a couple pieces of equipment – for months but Novel Construction has finally pulled the permit which had been languishing in the Wake Forest Inspections Department and construction may begin soon.

*1628 South Main Street is being built by Marlowe Construction of Raleigh, its owner, and will be a two-story building facing South Main with its entrance from Forbes Road. The building will have commercial uses on the first floor and office space on the second floor. It will be named the Marlowe Building.

*A Wake Forest food hall, future name unknown, is planned for the second warehouse on South White Street.

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