This is based on a News & Observer article on November 16, 2021.
Yes, this is the Wake Forest Gazette, but sometimes we have to recognize what is happening in our neighboring towns, and for Rolesville this is a very big development in every way.
The developer is Crosland Southeast, a commercial real estate company based in Raleigh, which has just announced they will build a complex called Wallbrook with 78 acres on both sides of South Main Street, a Publix grocery store as the retail anchor and a mix of retail, restaurant, residential and medical uses.
The center of the development will center on a new location for Burlington Mills Road, which will shift south, go through a roundabout in the development and then cross South Main to deadend. The major part of Wallbrook will be on the west side of South Main.
The cost is set at $120 million and the schedule calls for a ground-breaking in the second quarter of 2022 with the opening of the first section in the summer of 2023. Publix will be in that first phase of construction along with other commercial buildings. Another phase will build 140 townhouses though there is no date for that construction.
Rolesville has been growing very rapidly from a very small base. Anyone who has lived in the area twenty years can remember when the town broke the 1,000-person population ceiling. Then came new subdivisions and in the last 10 years the town grew from fewer than 4,000 to the current 9,475, making it the fifth highest in growth rate in the state.
Austin Williams, a Crosland partner, told The News & Observer, “Rolesville has been primarily residential and a lot of schools have been built (Rolesville Middle School and Rolesville High School). Really the only thing missing is that there’s just not been the opportunity from a real estate standpoint – from a positioning on Main Street and connectivity standpoint – for someone to get a hold of a large enough tract of land to do something transformative. And so we’re fortunate to have that opportunity.”
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2 Responses
I stopped shopping at Publix when I read that the folks who started it and are still major stockholders donated heavily to the Trump campaign. Don’t want any of my honestly earned money trickling into the pockets of that abomination.
Thanks for Reporting on Rolesville happenings! It might as well be Wake Forest.