Cary's Growth Leaving Little Room For More New Development
Job growth, population growth, and commercial and residential development have all been trending upwards in recent months throughout the Triangle Area, but one city in particular seems to be expanding faster than ever.
According to a recent report from The News & Observer, only 18 percent of land within the Cary city limits remains available for new development, and the areas just west of State Road 55 and north of Green Level West Road represent the only opportunities for another major development to be added.
Right now, Cary has 60 projects in various stages of the development or construction process, including 36 single-family subdivisions and five multi-family projects with a combined 1,293 units.
Also in the works are 10 commercial projects that include 302,000 square feet and one medical office building that will feature 100,000 square feet of space.