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Why is it that certain areas of Morrisville are only just now being developed? (For Example Kitts Creek) ~ Since RTP is such a powerhouse of employment here in the triangle, and people who live in Morrisville enjoy short commutes to RTP, I am curious why there is even land still available to develop there. I would have thought that area would have been built out years ago long before outlying areas of Wake County saw surges in development. Was there some kind of resistance to residential development in Morrisville years ago, or were land owners just holding on to their land there until they felt they could get top dollar?
This is a good question. I've always wondered about why Morrisville seems to have bowed to Cary in land development--as Cary surrounds and "dips into" areas that seem to make more sense as Morrisville. Perhaps the location of the airport and the flight patterns had previously depressed prices in that area until recently? Perhaps the land was larger patches of farmland and profitable as such? All of this is just conjecture, though. Anyone know the real scoop?
I sold 2 townhouses in Morrisville, 3 years ago. NOTHING was in the area! My clients were both nurses that worked at Duke and didn't want to live in Durham.
The joke was WHERE would they have to go to buy groceries!
Having said that...I just thought Morrisville never grew because who ever owned the land just wasn't interested in selling but I never researched it.
Now, its an up and growing area...with a grocery store!!!
Probably because several areas in Morrisville have plans flying right above at low altitude?
Good Point!
Still, it amazes me how many communities are popping up further and further away from Raleigh in areas like Knightdale and Clayton while there is still land available closer to Raleigh and RTP. I know some target different price ranges than others, it is just that I would have expected these core areas like Morrisville to be built out before developers moved on to areas further away. Maybe most buyers are still focused more on acreage vs. shorter commutes at this stage.
I think until recently Morrisville was seen as an industrial/rural area(that's how i usually thought of Morrisville growing up) and not too desirable to people from this area. With all of the growth in this whole area and people relocating from elsewhere, the industrial stereotype has been lost.
Garner seems to be the red headed step child of the region but I think it will change as the housing demand moves in its direction .
Heh...I've often heard people describe Durham in that same way.
As for Morrisville, it is odd that it took so long for it to develop like it has, especially when you consider that it was founded in 1852, about two decades before Apex.
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