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71 <br /> Development Trends <br /> As mentioned above, the housing stock of Chapel Hill Township <br /> north of the JPA increased almost by almost two-thirds from <br /> 1980 to 1987. This means that as many homes will have been <br /> built between 1980 and 1990 as the 204 homes that existed <br /> prior to 1980. <br /> Subdivision activity in the area has also been high. From <br /> 1980 to 1987, seventy-eight new lots were created, covering <br /> 218 acres or 5% of the total land area. <br /> High rates of development and subdivision activity are <br /> expected to continue in Chapel Hill Township, as in <br /> surrounding Townships. Development pressures from Chapel <br /> Hill, Durham, and Hillsborough will continue to expand into <br /> the area and the completion of 1-40 and the interchange at <br /> New Hope Church Road will significantly decrease travel time <br /> to other employment centers in the Triangle. <br /> 5 <br />