Communities near Sanford are positioning themselves to support the thousands of new workers that two new businesses are bringing to the area.
30 MINUTES FROM NOW AT 6. I’M MARK. LET US KNOW WHAT HAPPENS. THANK YOU. THOUSANDS OF NEW JOBS COMING TO CHATHAM COUNTY ARE SETTING UP SURROUNDING COMMUNITIES TO BE MAYBE THE NEXT REAL ESTATE BOOM. YEAH. THIS REGION ALONG THE FUTURE. I 6.85, CORRIDOR IS HOME TO SOME OF THE BIGGEST ECONOMIC DEVELOPMENT DEALS. >> IN OUR STATE’S HISTORY, INCLUDING THE LATEST ANNOUNCEMENT BY CHIP MAKER WOLFSPEED TO BUILD A 5 BILLION DOLLARS FACTORY NEAR SILER CITY WRAL’S. MATT TALHELM JOINS US NOW LIVE IN SANFORD TO SHOW US WHERE THE GROWTH IS HEADED NEXT. METS. >> EILEEN, IT’S COMING HERE AROUND THAT FUTURE INTERSTATE RIGHT NOW. THAT IS THE U.S. 4.21. COURT ARE BEHIND ME HERE. COMMUNITIES ALL ALONG HERE ARE POISED FOR NEW BUSINESSES MOVING IN TO SUPPORT THOSE BIG COMPANIES. YOU MENTIONED AND ALL THOSE WORKERS, OF COURSE, NEED SOMEWHERE TO LIVE. NEW HOMES UNDER CONSTRUCTION IN SANFORD WILL SOON BE READY FOR FAMILIES MOVING TO THE AREA. JOBS GROWTH MEANS HOUSING GROWTH AND MONROE IS CEO OF LONGLEAF PINE REALTORS. HE JOINED MORE THAN 650 REAL ESTATE ECONOMIC DEVELOPMENT AND COMMUNITY LEADERS INSIDE THE WICKER CIVIC CENTER IN SANFORD. >> FOR THE FIRST CAROLINA CORE REAL ESTATE. SOME IT IS TIME TO TEACH OUR GOVERNMENT OFFICIALS ARE ECONOMIC DEVELOPERS, BUILDERS INVESTORS. HERE’S WHAT’S COMING SO THAT THEY CAN PREPARE FOR THE CAROLINA CORE STRETCHES FROM THE TRIAD TO THE SANDHILLS ALONG THE U.S. 4.21 CORRIDOR. THAT’S THE FUTURE. INTERSTATE 6.85, THE REGION’S 4 MEGA SITES WILL BE HOME TO BOOM, SUPERSONIC AND TOYOTA IN THE TRIAD AND WOLFSPEED AND VINFAST IN CHATHAM COUNTY SINCE 2018. MORE THAN 37,900 JOBS HAVE BEEN ANNOUNCED IN THE REGION. THE CAROLINA CORPS EXPECTS SURROUNDING COMMUNITIES WILL GROW ALONGSIDE THESE COMPANIES. SOME OF THE SMALL COMMUNITIES AND ARE AND MOORE COUNTY. >> YOU KNOW, SOME OF THEIR LAND, SOME OF THEIR BUILDINGS ARE LIKELY THAT PLACES FOR SMALLER PROJECTS, BUT SUPPLIERS FOR THESE MEGA PROJECTS TO COME. THERE’S GOING TO BE ENOUGH JOBS, ESPECIALLY WITH THOSE WHAT WE DO KNOW IS COMING YET BRIGHT ENOUGH JOBS, HAPPY THAT THAT IT’S GOING TO MOVE THAT PEOPLE ARE GOING TO COMMUTE A SHORTAGE OF HOUSING AND HIGHER PRICES ARE ALREADY PUSHING PEOPLE FARTHER OUT OF THE TRIANGLE AND COUNTIES JUST TO THE SOUTH ARE SEEING A RISE IN PRICES COMPARED TO THE FIRST 8 MONTHS OF 2021. MEDIAN SALES PRICES OF EXISTING HOMES ARE UP 20% IN SANFORD AND HARNETT COUNTY. 23 1% IN LEE COUNTY AND 28% IN MOORE COUNTY. >> THAT’S WHY THIS SUMMIT IS CONNECTING THE REGION TO PREPARE FOR THE DEMANDS OF NEW DEVELOPMENT. WE HAVE A LOT OF OPPORTUNITY THERE. >> TO SPUR GROWTH AND AND AND KEEP PEOPLE HERE TOO. >> WE LIVE WORK AND PLAY. >> AND COOPERATION WAS A BIG FOCUS TODAY. SOME OF THE CAROLINA CORE SAYS COMMUNITIES ALONG HERE ARE ALREADY WORKING TOGETHER TO BUILD NEW INFRASTRUCTURE AND PREPARE FOR THOSE HOUSING DEMANDS FROM PEOPLE MOVING HERE. WHY NOT? >> NOT ALL HOME REPORTING LIVE
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