Press Room
- The State of Morrisville: Large Commercial, Residential Projects Set to Sprout
- Friday, September 19, 2008
- Article from Triangle Business Journal by Maria J. Mauriello
- Morrisville, NC — Morrisville has largely escaped the construction slump and is a rare Wake County town that saw an increase in building permits in fiscal 2008 compared to the previous year.
Mayor Jan Faulkner says that while there are no large projects awaiting approval, town officials are currently reviewing a report from Morrisville’s Land Use and Transportation Plan committee to determine the amount of remaining land available for development.
Much of the new development is in the form of mixed-use projects. “These developments enable people to live, work and play at home instead of traveling to Brier Creek or Crossroads,” says Faulkner. “From the town’s perspective, the development increases our tax revenue and is helping to fund much needed improvements to Morrisville’s roads and infrastructure.”
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