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If the Wake Forest commissioners approve
two projects Tuesday night – not a sure
thing but a pretty safe bet – the town’s
population will grow by at least 4,000
residents.
Alexan at Ligon Mill, a
288-unit apartment complex north of
Wal-Mart, could have 575 occupants,
based on a conservative two people per
unit.
Holding Village south of the
N.C. 98 bypass, will have 1,350 homes.
Using an equally conservative figure of
2.5 people per home, we can expect 3,375
more Wake Forest residents.
Wake Forest’s population is
currently estimated at over 25,000 and
growing each day.
In February, Planning
Director Chip Russell’s spreadsheet of
subdivisions with an approved water
allocation listed 6,891 approved homes
that are not yet built. That figure
includes Alexan, Holding Village, and
800 homes in Traditions, a development
proposed by the Ammons brothers – Andy,
Jeff and David – for land on the west
side of the Smith Creek reservoir.
Calculating at 2.6 people
per home gives us about 17,900 people
who could be added to the present 25,000
or a population of close to 43,000 by
2017 without adding subdivisions which
have not been proposed yet.
Both developments on
Tuesday’s agenda will add needed asphalt
to the street network.
Alexan’s developers,
Trammell Crow Residential, has promised
to build two lanes of Ligon Mill Road
from its end beside Wal-Mart north to
Caveness Farms Avenue, grade the entire
four-lane-with-median width and remove
the sewer lift station that now sits in
the right-of-way. TCR will also install
an oversized sewer line to serve future
development in the area.
Holding Village’s
developers, Entrust Holdings and East
West Partners, will build Franklin
Street from its current end at the
bypass south to the section the Ammons
Development Group built in Heritage. The
street will connect the downtown area to
Rogers Road. The developers will also
build Friendship Chapel Road through
their property. It will not connect with
the section of Friendship Chapel being
built by Ammons in Heritage North until
an intervening property owned by the
Dameron group is developed.
Holding Village will be the
town’s first traditional neighborhood
development with a mix of homes of
several types and a small retail area in
the center. Two farm ponds will be kept
and used for irrigation; an amphitheater
will also be built on the larger of the
two.
The planning board
recommended approval of both projects
last week.
The town board meets at 7
p.m. Tuesday, May 15, in town hall. |
