Kernersville, NC

Plans moving forward for the Union Cross Towne Centre in Kernersville

Located on an 85 acre site at the intersection of Union Cross Road and I-40 in Kernersville, The Union Cross Towne Centre will be a mixed-use development consisting of retail, hotel, restaurants, and some residential. According to the developer, the center will have five natural water features, courtyards with seating and a well landscaped streetscape.

The Union Cross Towne Centre will serve a market that has had an increase of 13,000+ housing units within a five mile radius of the site in less than two years. A new Interchange for the Union Cross exit on I-40 will be constructed by NCDOT.

Plans include 244,000 square feet of retail on the first level, 100,000 square feet of apartments and office space on the second floor, up to 200 villas/town homes, multiple restaurant sites, one hotel site, a 16 screen movie theater, a drug store and a bank site. Two companies have already announced: Hampton Inn, and Rite Aid drug stores.

The Union Cross Towne Centre will be a great new addition to this part of Kernersville!

Richard Schardt

richard@TriadHomesGroup.com

Kernersville celebrates the re-opening of Main Street, with a street party on Saturday October 18 from 10am until 2pm.

Main Street through downtown Kernersville re-opened on October 3, after being closed since June 17. The 1.66 million dollar project included water and sewer mains replacement, as well as complete reconstruction of the road bed. Power lines were moved to the rear of buildings, and new sidewalks and street lights put a final touch on the project.

The Kernersville Downtown Preservation and Development Council hopes that the street party will bring people downtown to see the new streetscape, and also get people into downtown businesses that will be open following the ribbon cutting ceremony at 9:30am. You can also expect to enjoy music, concerts, food and children's activities.

For more information, call the Kernersville Downtown Preservation and Development Council at 336-993-7583.

Richard Schardt

richard@TriadHomesGroup.com

   The annual Kernersville Showcase will be held on Thursday October 23 at First Christian Church, 1130 N. Main Street. This 9th annual event provides local community members an opportunity to learn about local products and services that are available in the Kernersville area.

   The showcase kicks off with an Economic Development Luncheonat 11:30 (reservations required). Justin Catanoso from The Business Journal, John Owensby from the Kernersville News, and Mayor Dawn Morgan are schedule to speak at the luncheon. For reservations, you can call the Kernersville Chamber Of Commerce at 336-993-4521.

   The exhibit hall will be open from 1:00-7:00pm, and will include booths set up by more than 50 Kernersville businesses. It's a great opportunity to see what Kernersville has to offer without feeling any pressure or obligation that may be there when you walk into a business or store.

   There will also be a variety of free workshops held from 10:00-1:30pm to help you brush up on your skills. Held by experts in the field, some of the topics this year include "Quickbooks: Tips, Tricks & Troubleshooting", "Winning Strategies For Small Business", "Using The Internet & Electronic communication", and "Stress management".

"A Taste of Kernersville"starts at 5:00pm, offering sample foods from numerous Kernersville restaurants and caterers.

"Showcase Of Talent" runs from 4:00-7:00pm and will include exhibitions from The Glenn High School Choir, First Christian Church Martial Arts, Cheer Extreme, and the East Forsyth High School Orchestra.

This is a wonderful opportunity to come out and meet a lot of people, learn a great deal about your community, and have some fun! For questions or more information, please call the Kernersville Chamber Of Commerce at 336-993-4521.

Richard Schardt

richard@TriadHomesGroup.com

The Triangle Business Journal has released an article showing housing price increases for several North Carolina communities. The numbers are from the Office of Federal Housing Enterprise Oversight. The OFHEO is a group that oversees Fannie May and Freddie Mac.

The figures quoted show housing price increases in the following communities, for the 12 month period ending March 31, 2008:
 
Charlotte - 6.16%
Raleigh - Nearly 5%
Durham - 3.92%
Asheville - 4.52%
Winston-Salem - 3.82%
Greensboro - 2.76%

The article does say the OFHEO's numbers only include mortgages that qualify to be purchased by Fannie May or Freddie Mac. However, these are still very good numbers that I doubt we will see on the evening news!

The Triangle Business Journal article may be viewed here:
http://triangle.bizjournals.com/triangle/stories/2008/05/19/daily31.html?jst=b_ln_hl

Richard Schardt

richard@TriadHomesGroup.com

www.TriadHomesGroup.com

  Located in the heart of the Triad, nestled between Greensboro, Winston-Salem and High Point, Kernersville has a lot of development projects in the works. It’s about time Kernersville starts to steal some thunder from the surrounding larger communities.

Just some of the larger development projects in process in and around Kernersville:

Kernersville Hospital/Medical Business Park - is about to break ground off of Hwy 66 South. Construction is expected to begin soon and completed sometime in 2010. Office, retail, restaurant and residential space is also being considered for development in the same area.

Triad Business Park Expansion - located near the intersection of Business and Interstate 40. 

Moses Cone Medical Office Building -  a 40,000 square foot office building on Hwy 66 south is set to open in June.  There is the option of an additional 40,000 square foot expansion in the future.

Carrollton Metro Center - off Hwy 66 South across from Bishop McGuiness High School. A 411 acre development that will include a village center, business park and residential area. 200 apartments are already under construction, and there are plans for 750 attached and detached single family residences. 500,000 square feet of commercial space is also planned.

Union Cross Town Center -  Located near the intersection of Union Cross road and I-40. Current plans include two hotels, a movie theater, and other mixed use including some residential  and commercial and retail.

Union Cross Road Corridor -  Plans are in the works for another 1 million square feet of warehouse space off Union Cross road near Dell Boulevard. The Union Cross Business Park is also seeing some new construction. Roads are paved at The Shops At Glenn Crossing, on Union Cross road just south of I-40.

There are many other smaller projects in and around Kernersville that are either in the planning stages, or underway. 

Kernersville is steadily making a name for itself!

Richard Schardt

richard@TriadHomesGroup.com

www.TriadHomesGroup.com