In June 2012 a land deal was finalized for a 12.5 acre property located at the corner of Cary Parkway and Tryon Rd. Plans are to build a 205 unit apartment complex. Lochmere residents voiced concern over the project, but it has been approved and will be constructed.
On the positive side, small business owners in the Lowes shopping center may see a benefit from an increase in traffic in the area. Many business and restaurants in the shopping center have struggled, especially with the opening of Waverly Place just down the road.
What are your thoughts on this new project? Do you think it will have a positive or negative impact on home values in Lochmere? Will we see an increase or decrease in homes for sale?
Contact me today for a no obligation home evaluation or sign up for my Market Insider Report to get your homes value and stay on top of the home market in Lochmere.
Lochmere Homes for Sale, Lochmere Home Values, and Lochmere Living Resource.
Thursday, August 16, 2012
Tuesday, August 14, 2012
Another Beutiful Day in Lochmere
Lochmere is one of the few subdivisions in Cary that offers lakefront living. Walking trails situated around the lake also make it accessible to residents of the community so everyone can enjoy the beauty.
If you are looking for lakefront property in Cary or anywhere in the Raleigh, Holly Springs, Apex or Triangle areas, give our team a call.
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