See the
Wakeforestgazette.com. They keep Wake Forest Growth and Construction up to date.
This is not in there as they have not changed anything regarding all the shopping centers they are building in that area but IMO its comes down to the slowing economy and tighter lending terms. Its not only tough for home owners to get credit but developers are running into the same tightening standards as home owners. This could be some of the delay. Certain risk in building something that will not come on line making money in about 12 months or so. At $4 per gallon gas where will that leave the economy?
Certainly don't want to sound negative but with rising everything but paychecks its hard not to be somewhat realistic about where we are headed. We have certainly put the brakes on spending until this economy sorts out and hopefully bottoms out in 2009.