KNIGHTDALE: Developer breaks ground to help growth in Knightdale - WSPA.com

Developer breaks ground to help growth in Knightdale

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About 800 homes, including a YMCA aquatic center and a Thales Academy elementary school, will built. About 800 homes, including a YMCA aquatic center and a Thales Academy elementary school, will built.
KNIGHTDALE, N.C. -

Developers are looking to Knightdale as the next spot for big growth.

On Wednesday, they ceremoniously broke ground near U.S. Highway 64 and North First Avenue, planning to build a large residential and business community.

About 800 homes, including a YMCA aquatic center and a Thales Academy elementary school, will built.

“This is really exciting. It’s a day we’ve been looking forward to for a long time,” said Knightdale Mayor Russell Killen

Killen said interest from big developers like Preston out of Cary is one sign that Wake County is showing no signs of slowing down.

“Wake County is a popular place and we have space, unlike Cary and Apex and other places built out. This is the natural progression” said Killen.

Preston Development Company executives they have their eyes set on Knightdale because it is seen as a great opportunity. .

“Knightdale has not had a large master plan community and we felt that it would be a great opportunity to do a master plan community,” said Karl Blackley, president of Preston Development.

But although Knightdale’s town leaders and residents seem on board with Preston’s vision for their community, over in Pittsboro, it’s a different story.

Preston development wants to build a large RTP style community, but there is some vocal opposition.

“We went through the planning board and had a four to one approval and next Monday night, hopefully we’ll get approval for the entire zoning project,” said Blackley.

Preston Development has made their mark in the Triangle, known for helping build Cary to where it is now. Preston Development said in Knightdale, it hopes to make this community an affordable one and will be pricing the homes in the $250,000 to $350,000 price range.

Copyright 2014 WNCN. All rights reserved.

Eileen Park

Eileen joined WNCN after years of working as a foreign correspondent. During her time off, she enjoys relaxing with her dogs, reading, and exploring the Triangle. More>>

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