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<br />CHAPEL HILL <br />CARRBORO <br />%l7C2PtdC'C'' i'f i,.c?1',"I77?t'.~~C~ <br />Orange County Development Summary <br />Thank you for attending the 2009 Orange County Development Briefing. A primary goal of the <br />Chamber is to provide you with practical information that helps you make smart business <br />decisions. This briefing will provide particulars about residential and commercial market trends <br />and new economic development initiatives in the community. <br />Attached is a document detailing residential and commercial development projects in Orange <br />County and its municipalities. Major proposed and approved projects are listed according to <br />municipality. <br />A few statistics about approved projects that are underway or not yet built in Orange County: <br />• In Carrboro, 737 residential units and 490,241 sq ft of commercial space has been <br />approved. <br />• In Hillsborough, 993 residential units and 1,192,000 sq ft of commercial space has been <br />approved (figure includes Waterstone project). <br />• In Chapel Hill, 1,161 residential units and 917,056 sq ft of commercial space has been <br />approved (figure does not include Carolina North). <br />• In total, if all approved projects in Orange County are built, 2,891 residential units and <br />3,699,297 sq ft of commercial space will be added to the County. <br />£~range County Development Briefing <br />September 22, 2009 <br />