Three approved projects will have a substantial impact on Wake Forest if developed as planned. These are the two apartment complexes, Capital Creek and Villagio at La Scala, and the traditional neighborhood subdivision Holding Village. There are signs – annexation request, intersection approval from NCDOT – that these will proceed.
Capital Creek Apartments on Rogers Road was approved for 315 units; Villagio on Star Road was approved for 248 units. Both were approved in 2012 and, together with Heritage Garden and Woodfield Creek apartments, will add 1,111 homes to the town.
There is new information about Holding Village at the top of The Growth Rate and after the obituaries in this edition.
At its June meeting the Wake Forest Board of Commissioners approved two new subdivisions that will add 339 single-family homes: The Homestead at Heritage on Heritage Branch Road will have 206 homes and Stonewater on Rogers Road will have 133 homes.
In August the town commissioners approved an 85-unit townhouse development in the heart of downtown, The Retreat at Renaissance. The plan includes the extension of Brooks Street to East Holding Avenue.
The residential developments in town that are already developed or underway are:
Austin Creek on Wait Avenue, developed by Villages of Austin Creek LLC, was approved in 2004. There have been some changes and it is now approved for 467 single-family homes and 156 townhouses on 191.81 acres. It will be connected internally with Bowling Green.
Avondale on Elm Avenue between South Franklin Street and South Allen Road has built about almost all of the 25 single-family homes and 106 townhouses since it was approved in 2003 and 2006. Pittman Korbin LLC is the developer and the project encompasses 23.45 acres.
Bishop’s Grant was approved in 2006 for 172 single-family homes and 48 townhouses on 117.66 acres on the north side of Wait Avenue, the developer is Contentnea Creek Development Company, and phases one and two are under construction with the townhouses and amenities center. It is about 60 percent complete.
Bowling Green has access on both Wait Avenue (N.C. 98 East) and Jones Dairy Road. Developer Gould Construction received approval in 2004 for 283 single-family homes and 94 townhouses on 119.34 acres.
Caveness Farms’ Villas of Wake Forest is the third phase of the apartment complex on Capital Boulevard. Cornerstone Homes plans 144 condominium units on 51.74 acres, a plan that was approved in 2004.
Flaherty Farms on North White Street is being developed by Millridge Companies with a plan approved in 2009.
Heritage Garden Apartments on Rogers Road was approved in late 2011 for 260 units on 17.33 acres. The developer is U.S. Properties of the Southeast headquartered in Greensboro. Grading began late in 2012, and at least four buildings are in the construction process.
Heritage of Wake Forest, begun in 2000, is a project of the Ammons Development Group, which opened the last community in the large mixed-use subdivision in 2012. It offers a range of housing types, retail shops, professional services, an award-winning golf course, and amenities including two swimming pools, playgrounds and greenway trails.
Kings Glen was planned by ECI Custom Homes for 93 single-family lots on 43 acres, but the firm declared bankruptcy in 2010 and the property passed to Crescent State Bank, which subsequently merged with VantageSouth Bank headquartered in Raleigh. This year Kings Glen Development in Knightdale purchased the property for $1,610, slightly more than the Wake County appraised value. Currently (October 2013) land clearing and clear-cutting are underway although much of that property was clear cut in the past. Along with the access from Bishops Grant on Strategy Way, Kings Glen homeowners will be able to go and come on Copper Glen Lane, which will be rebuilt and paved as part of the infrastructure construction. Copper Glen connects to Oak Grove Church Road.
Magnolia Woods, a townhouse development on Durham Road, will have 26 units on 4.59 acres and was approved in 2004. It is being developed by Affordable Homes of Wake Forest.
Majestic Oaks is being developed by Willfair Properties for 59 single-family homes on 18.76 acres along Rogers Road and Clearsprings Drive, which gives the subdivision access to Chalk Road.
Northampton on Jones Dairy Road and Chalk Road was originally developed by St. Lawrence Homes, but in 2010 national homebuilder Standard Pacific Homes, headquartered in California, paid $4.2 million to purchase 110 unbuilt lots, about all that remained. The plan approved in 2001 called for 284 single-family homes.
Old Mill Stream, developed by Mill Creek Partners, was approved in 1993. The mixed development on Harris Road has 268 single-family homes and 35 townhouses.
Olde Wake Forest may be dead. The Wake Forest Town Board voted four to one in December 2013 not to approve the second iteration of that project, 10 small lots on 3.88 acres on an extension of North Wingate Street. A project with the same name was approved in 2008 but two of the eight lots have been sold, probably invalidating the approval.
Porto Fino on Ligon Mill Road was approved in 2004 for 121 single-family homes on 48.57 acres. Cady Construction has completed almost all of the subdivision.
Reynolds Mill on Forbes Road and the future Ligon Mill Road extension is being developed by Parker & Orleans Home Builders Corp. It was approved in 2005 and will have 125 single-family homes on 69.36 acres.
Richland Hills on Wall Road is currently the only Wake Forest subdivision split between Wake and Franklin counties, with some water service provided by Raleigh, some by Franklin County and all the sewer service provided by Raleigh. Approved in 2001, it is being developed by Richland Hills Associates LLC and Tillett Development Company. It will have a mix of 369 single-family homes, 30 duplex units and 81 townhouse units.
Saddle Run on Chalk Road was approved in 2005 for 34 lots on 12.07 acres, and the developer is Chalks Road Developers.
Shearon Farms has access to both Burlington Mills Road and Capital Boulevard and is being developed by Community Development Solutions. It was approved in 1998 for 208 condominium units, 188 townhouses and 72 single-family houses along with 241,000 square feet of retail and office space, all on 125.4 acres.
The Reserve is nearly complete – water, sewer, streets and other infrastructure in place – and lots are being sold now, the fall of 2013. The first building permits for the subdivision have been issued. Access now is only from Strategy Way in Bishops Grant though there are two stubbed streets and a dirt road, Jeanne Street off Copper Beech Lane, could connect the project back to Oak Grove Church Road. The Weisgerber Group won permission in 2008 to build a planned unit development of 74 acres, laying out 37 large lots and dedicating 24 acres next to the reservoir to the town for open space. The land was sold to North State Bank and was purchased in 2012 by MBA Land Group, Michael and Andrew Sandman of Raleigh. The original plan has been followed.
St. Ives has its access on Kearney Road and is developed by Millridge Investment Corp. Approved in 2001, it will have 97 single-family homes.
Stonegate at St. Andrews was planned in 2004 by Stonegate Partners for 474 single-family homes and 217 townhouses on 28.8 acres. The main entrance is on Forestville Road close to U.S. 401.
The Meadows has an entrance on North Main Street and is connected to Olde Mill Stream by Barnford Mill Road. Approved in 2004, it will have 109 single-family homes on 38 acres. First American is the developer.
The Registry at Bennett Park on West Holding Avenue was approved in 2007 for 31 single-family homes on 12.25 acres. Bennett Properties LLC is the developer.
Traditions has the first homes complete and ready for sale. Traditions will be a 900-acre, four-part multi-use subdivision when complete. It stretches along the western side of the Smith Creek Reservoir and into Franklin County. The Ammons family sold 73 acres to Wheelock Street, a Greenwich, Connecticut, firm in 2011, and Wheelock Street has contracted with JPM South, a Raleigh firm, to build the major roads and infrastructure for the first residential area.
Wildflower is a sister subdivision to Heritage South along Rogers Road. Rogers Road Developers are building the project of 111 single-family homes and 47 townhouses on 77 acres. It was approved in 2004.
Woodfield Creek Apartments at the intersection of Caveness Farm Avenue and the extension of Ligon Mill Road will be welcoming tenants this year. The plan, then called the Alexan, was approved in 2007 for 288 units on 33 acres. The developer is Symphony Properties of Cary.
