New Development Activity in the area

Fun fact: Freddie (the owner of Stancil) just died a couple years ago. This is his son running the business now.
https://www.bryan-leefuneralhome.com/obituaries/Freddie-L-Stancil?obId=26501939

 

They are proposing industrial flex-space, about 5 buildings. This link takes you to the part of the planning board meeting where they discuss it: https://www.youtube.com/live/h7iW9XL4oIA?si=xBof32Fwf8jQOk-S&t=1147

The Planning Board is going to recommend denial to the Board of Commissioners.

But y'all...give this lady a listen to. She is a character.

 

I drive by the new Publix every day. This morning, I noticed the permanent lights are up and on inside. the walls look like they are painted. So, progress is being made, but still months from opening I'd guess. I'm not sure what the plan is for the 2 entrances (1 for deliveries) off NC 42 is. they have installed a large drainage pipe at the bottom of that deep gully. Not sure if they will start backfilling with dirt, or if a prefab type of bridge will be brought in. There is still a lot of work there regardless.

 

This is from TBJ. is this the same property?
A new commercial development is proposed for a busying area along Interstate 40 in Johnston County.

Patrick Riley, of Cary-based Bedrock Investment Group, has submitted plans with Johnston County government to rezone a little more than 43 acres off the 11700 block of Cleveland Road for general business use to build a "commercial flex space," according to county documents. The land sits near Interstate 40 and has a Garner address.

Riley did not respond to requests seeking comment on what he plans to do with the land and a construction timeline. The value of the land, which spreads across four parcels, is a little shy of $1.2 million, according to Johnston County tax records.

The zoning classification "will allow the site to host a mix of retail, office, light industrial and service businesses," the application for the rezoning says. "The requested conditional zoning balances a mix of land-use and density suited for an interstate interchange while still prohibiting uses that would be inappropriate for the nearby elementary school."


West View Elementary School, at 11755 Cleveland Rd., is located across the street from the site for the proposed development.

Directly north of the site is an area heavy with retail where I-40 meets Highway 42. The area includes a Lowe's Home Improvement store, Walmart Supercenter and a mix of restaurants and hotels.

With close proximity to Raleigh and other burgeoning Wake County communities, Johnston County, with its surging population, has become a hotbed of investment in residential, commercial and industrial real estate.

Johnston County has a population above 242,000, according to estimates from the U.S. Census Bureau. That's rapid growth from 2010, when the county had an estimated population of just shy of 169,000.

Ben Tobin covers real estate and economic development in the Greater Triangle, focusing on the counties outside Wake, Durham and Orange. Have a tip? Reach him at btobin@bizjournals.com or (919) 327-1012

 

No, different property. The one requesting rezoning is north of Veterans Parkway and the property wraps around Cleveland Fire Station 2. The one from the TBJ article is a mile or so south of that. Commercial flex space is a popular plan for real estate, I guess.

 

The new rezoning is another flex space site (as if we didn't have enough built recently) here - https://www.google.com/maps/place/3...=EgoyMDI1MDIyNC4wIKXMDSoJLDEwMjExNDU1SAFQAw==

There's also a very large industrial/flex space site being built here - https://www.google.com/maps/place/3...=EgoyMDI1MDIyNC4wIKXMDSoJLDEwMjExNDU1SAFQAw==

 

Am I alone in the opinion that those 'flex' spaces are kinda ugly. Bland and no aesthetic appeal?

 

selma, from TBJ

• BJ's Wholesale Club purchased 12.7 acres in Eastfield Crossing for $4.3 million.
• Eastfield Crossing is a 3 million-square-foot mixed-use development in Selma.

 

At 6995 Veterans Parkway (along with several surrounding properties), I saw they're clearing the land. I'm pretty sure they're building self-storage facilities. The property owner's business name is linked to two people who are linked to many other "919 Storage" businesses.

 

• Local 70 project in Smithfield plans 600 housing units, 75 acres for commercial use.
• Garman Homes selected as lead residential developer for Local 70.
• Site work begins this year, construction starts early next year.

https://www.google.com/maps/place/3...=EgoyMDI1MDIyNi4xIKXMDSoJLDEwMjExNDU1SAFQAw==

https://www.bizjournals.com/triangl...=40&cx_testVariant=cx_45&cx_artPos=4#cxrecs_s

lans for hundreds of new homes in a fast-growing Johnston County town are moving full steam ahead as the development team has selected a local homebuilder and site work is set to start in the coming months.

Since first being pitched in April 2024, Local 70, a project formed by a partnership between the respective companies of Edward Holmes Jr. and father-son duo Buddy and Carter Keller, has received the necessary rezoning approval from the Smithfield Town Council. Plans for the project call for just shy of 600 housing units — a mix of townhomes, single-family detached homes and apartments — as well as 75 acres of commercial real estate.

The group, operating through the LLC Smithfield Growth, purchased the land — located on both sides of M Durwood Stephenson Parkway and bordered by U.S. Route 70 Bypass on the east and Booker Dairy Road on the west — in December 2021 for $5 million, according to Johnston County deed records. The site spans 164 acres total.

The developers have tapped Morrisville-based Garman Homes as the lead for the residential side of the project. Representatives of the developers and the homebuilder did not provide estimates for home prices.

Prices for single-family homes in the Smithfield area were around $350,000 in February, according to Doorify MLS, up 11 percent from the same month last year.

Site work will begin in the next quarter and home construction and pre-sales are anticipated at the start of next year. Susan Keller, a partner with Keller Development, told Triangle Business Journal that Local 70 is a "really thoughtful, planned community that blends in modern designs with the history of Smithfield."

"We're very excited about several aspects of Local 70, with the first being that it's sort of a mixed-use plan development, which is new for Smithfield," There are lots of opportunities for different businesses that can contribute to what is already existing in Smithfield. I'm also really excited about our amenities package, which includes a lot of green space and a multi-modal trail."

Keller said there are no concrete plans for the commercial component of the project at the moment, but "we are looking to partner with companies and businesses that will not necessarily compete with what's already there in Smithfield. Rather, we want businesses that would complement what is there or businesses that are currently absent."

 

Anyone know what's going on at 42 and Johnston Rd? They're doing drainage and dirt work near the neighborhood there. https://maps.app.goo.gl/YJLsQSfW2EvNALKQ6 There's a bottomless pit behind one of the houses right now. EDIT: i found a reference to the project.
NCDOT Active Construction Projects (Lines): C204987 "Culvert Extension". Something with drainage.

 

Did some more digging and it looks like they're adding a center turning lane. https://www.cbs17.com/news/local-ne...e-expansion-on-nc-42-to-improve-traffic-flow/