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Every city is attempting to attract new companies and jobs. Burlington isn't the most desirable place, so I doubt any major new employers will move there, but there have been some small to medium size projects. There is a good sized, existing hospital already, and other than Alamance Community College, there is no college in Burlington. Elon University, a small private school, is located nearby.
Actually Elon University isn't really "small", it has about 7000 students on the main campus which borders Burlington's west side. I can see the area booming in the years to come as the I-40 corridor between the Durham-Chapel Hill and Greensboro metros fills in with industry, along with housing due to lower real estate costs and it's desirable close proximity. In the past 10-15 years alone neighboring places like Mebane and Graham (in addition to Burlington) have picked up a lot of new development as well.
Alamance Community College's main campus is in Graham.
7000 is small for a university. ACC has 5000+ students. Elon U is in the town of Elon adjacent to Burlington. It's about 3 miles to Alamance Crossing. That's the exit off 40 that I take if I need to go there.
To answer the question the rental market in Burlington is actually very good you can get higher rents in Burlington then in Greensboro in some cases. They are rehabbing downtown Burlington, and Burlington attracts workers from rtp who want to live a little cheaper then the triangle. I love Burlington for rental units.
To answer the question the rental market in Burlington is actually very good you can get higher rents in Burlington then in Greensboro in some cases. They are rehabbing downtown Burlington, and Burlington attracts workers from rtp who want to live a little cheaper then the triangle. I love Burlington for rental units.
You invest there? Do you know any good property managers in the city?
[quote=poppydog;49948215] 7000 is small for a university. ACC has 5000+ students. Elon U is in the town of Elon adjacent to Burlington.
Actually that's well into the "medium bracket" which starts at 5,000 or more (up to 15K), and probably why Elon has morphed from a college into a university in recent years.
Actually that's well into the "medium bracket" which starts at 5,000 or more (up to 15K), and probably why Elon has morphed from a college into a university in recent years.
It's pretty impressive what the current outgoing university president has accomplished in just under 20 years, with no doubt more to come as their plans unfold.
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