The controversial Chatham Park Development was the hot topic of conversation at Thursday’s State of the Research Triangle Breakfast.
The development is expected to eventually bring in $154 billion to the Triangle.
Developers say the project will be split up into five villages, each the size of Pittsboro.
At Thursday’s breakfast, developers gave area business leaders a close look at what the project will bring to the region. They described the park as RTP meets North Hills. Developers say the area will be a smart and innovative community.
It’s expected to include 22,000 residential units, 20 million square feet of business space and parks.
Those who oppose the Chatham Park development say the county isn’t built for the projected population boom.
“I’m still working to convince everybody that this is a good thing,” said Tim Smith, property developer. “There are a few people still opposing us. But we approved our water, sewer, and I think most people support us. It’s good for the whole region and community,”
Developers say they have a 40-year plan for the project.
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