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Chatham County
SPACES & PLACES: 2016 REGIONAL GROWTH AND
DEVELOPMENT BRIEFING
Chatham County
• Overview
• Governors Village
• 15-501 Corridor
• Briar Chapel & Veranda
• Chatham Park
• Pittsboro
Overview
SPACES & PLACES: 2016 REGIONAL GROWTH AND
DEVELOPMENT BRIEFING
Who We Are
Kyle Touchstone
President
Jamie Vaughn
Vice President
Ben Townsend
Business Services
Manager
Alyssa Byrd
Communications
Specialist
About Us
Chatham Economic Development Corporation (EDC) is
the lead economic development agency for Chatham
County. The EDC is a 501(c)3 economic development
non-profit that provides support to businesses
throughout the county and markets Chatham County as
the preferred location for emerging growth companies.
Economic Indicators
• Population: 70,928 (July 2015)
◦ Fastest growing between 2014-2015
• Labor Force: 33,331 (June 2016)
• Jobs: 14,179 (Q1 2016)
• Unemployment: 4.4% (June 2016)
◦ 4th lowest in NC
• Average Weekly Wage: $643.27
(Q1 2016)
◦ State Average: $927.78
Population Growth 2010-2015
13.7%
11.7% 11.5%
5.7%
Wake Chatham Durham Orange
Governors Village
SPACES & PLACES: 2016 REGIONAL GROWTH AND DEVELOPMENT
BRIEFING
The Commons at Governors Village
The Bold Building
15-501 Corridor
SPACES & PLACES: 2016 REGIONAL GROWTH AND DEVELOPMENT
BRIEFING
ExtraSpace Storage
2015 2016
North Chatham Village
2011
2015 2016
Formerly Cole Park Plaza
North Chatham Village
2015 2016
North Chatham Village
2015 2016
2011
Polks Village
Briar Chapel & Veranda
SPACES & PLACES: 2016 REGIONAL GROWTH AND DEVELOPMENT
BRIEFING
Chatham Park
SPACES & PLACES: 2016 REGIONAL GROWTH AND DEVELOPMENT
BRIEFING
• 7,100+ acre mixed-use
development
• 22,000 residential units (60,000
people)
• 22 million square feet of non-
residential development
◦ Targeted businesses: Technology,
biotech, clean tech, and medicine
Bellemont Station
2015 2016
Bellemont Pointe
Photo: Town of Pittsboro
2015 2016
Chatham County Agriculture and
Conference Center
Connect
Kyle Touchstone
President, Chatham EDC
ktouchstone@chathamedc.org
919-542-8274
www.chathamedc.org

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Northeast Chatham Update

Hinweis der Redaktion

  1. Chatham County is a largely rural county in central North Carolina. According to Census estimates, Chatham County was the fastest growing county in the state between 2014 and 2015. In spite of a steadily low unemployment rate, the County faces challenges with providing well-paying jobs for its educated and skilled workforce. There are more than 33,000 residents in the workforce, and fewer than 14,000 jobs. Those jobs, on average, pay well below the state average.
  2. Near the Walmart on 15-501, a $2.1 million, 54,000 square foot two-story storage facility recently opened.
  3. Three years ago, a Charlotte development group purchased Cole Park Plaza. Now called North Chatham Village, developers are overhauling the entire center.
  4. Several buildings have been demolished and remaining buildings are being upfitted with modern facades.
  5. The owners are working to attract national chains, including a McDonald’s and Dollar Tree.
  6. Polk Village has a day care, medical facility, and an assisted living facility. Its multi-tenant commercial space has an Asian restaurant, salon, and physical therapy space.
  7. Briar Chapel broke ground on the commercial portion of its development.
  8. The 17,000 square foot commercial building next to Lowe’s Home Improvement in Pittsboro’s Bellemont Station was recently completed.
  9. Four new apartment buildings with 76 units at Bellemont Station increases the diversity in housing options for residents.
  10. Progress continues on the new conference center, slated to open this fall.