Discover the Exciting Growth Happening in Wake Forest & Beyond! Your Guide to New Homes, Shopping, and More!

Are you currently living in Wake Forest, North Carolina, or perhaps dreaming of moving to this vibrant and growing town? If so, you absolutely won't want to miss this insider's look at the incredible new developments shaping the future of Wake Forest! Join your local Wake Forest realtor, Michael Sanders with the Mike Sanders Team at RE/MAX United, as he takes us on an exciting virtual tour showcasing all the buzzworthy changes coming to our beloved town. Get ready to explore brand-new shopping centers, diverse restaurants, burgeoning retail spaces, and a whole lot more that's making Wake Forest an even more desirable place to live!

And for those of you actively searching for new homes in Wake Forest, you're in luck! Michael also shines a spotlight on some of the most noteworthy new home communities currently available, offering a range of styles and price points to suit various needs.

But the excitement doesn't stop at the Wake Forest town line! Make sure you watch until the very end for a special sneak peek into the neighboring town of Rolesville. We'll uncover some of the highly anticipated tenants for Cobblestone Village, one of the largest and most transformative retail and residential developments ever to grace Rolesville.

Let's get started and explore the fantastic growth happening right here in our backyard!

Grove 98: Your Future Eat, Live, Play Destination in Wake Forest

Our first stop is Grove 98, a massive and highly anticipated mixed-use development strategically located in the heart of Wake Forest. This dynamic "eat, live, play" concept is already generating a lot of excitement, and the latest phase, conveniently situated across from Wegman's, is nearing full occupancy. Get ready to tantalize your taste buds with the upcoming additions of Torchy's Tacos and Caba Mediterranean Grill!

The development continues to progress with the next phase, set to introduce the very first Wake Forest locations of several popular national restaurants, including:

• Five Guys Burgers and Fries: Classic American burgers and fries.
• Pata Italian Street Food: Authentic Italian flavors on the go.
• BB.Q Chicken & Beer (BB.Q Boach Asian Grill): Delicious Korean fried chicken and more.
• The much-anticipated Dave's Hot Chicken: Known for its Nashville-style hot chicken (one of the Triangle's first locations!).

Concerned about indulging in all these delicious dining options? Directly across the street, a state-of-the-art O2 Fitness center, spanning 22,000 square feet, is also in development, offering a convenient way to stay active.

Local Realtor Tip: If the vibrant lifestyle of Grove 98 appeals to you, make sure to stick around until the end of this post for a glimpse into Rolesville's own version of this concept!

Discover New Home Communities in Wake Forest: Holding Village North

Just a short five-minute drive from the bustling Grove 98, we find Holding Village North, a sprawling and well-established community located just across the street from historic downtown Wake Forest. This sought-after area has seen significant real estate activity recently. While the luxury Toll Brothers section and the PY townhome section are currently sold out, exciting new home opportunities are on the horizon:

• TriPoint Homes: Plans are underway for approximately 165 new townhomes within a 22-acre section aptly named "The M/W." This new phase will offer residents easy access to NC Highway 98 and the diverse shopping and dining options along the US Highway 1/NC 98 corridor, as well as the charming downtown Wake Forest business district. Construction is anticipated to commence in late 2024, with the first townhomes potentially becoming available for occupancy around the summer of 2025.
• Garman Homes: For those seeking single-family new homes with more immediate availability, explore the future Garman Homes section within Holding Village North. These homes are attractively located bordering the planned community park, "Silo Park," a unique green space featuring three iconic former dairy silos. Pricing for these well-designed three-bedroom, two-and-a-half bath homes, typically around 2,000 square feet, ranges from the mid to high $400s. Residents here will enjoy fantastic community amenities, including access to Silo Park and a picturesque 17-acre lake with scenic walking trails.

The Reserve at Dunns Creek: Convenient New Homes Near Heritage

Adjacent to the western border of Holding Village North, land is being prepared for the future community of The Reserve at Dunns Creek. This thoughtfully planned neighborhood is slated to include approximately 69 single-family homes and 225 townhomes across a spacious 68-acre site. Residents will benefit from exceptional convenience to the extensive shopping and dining options within the established Heritage Community. Furthermore, The Reserve at Dunns Creek is less than three minutes from downtown Wake Forest and within a convenient 15-minute drive of most major shopping centers in the area.

Wake Forest Food Hall: A Culinary Destination Coming Soon

Located just five minutes from the heart of downtown Wake Forest, the future Wake Forest Food Hall is taking shape within a beautifully preserved 80-year-old building that once served as the area's first Chevrolet dealership and later an auto parts store. This exciting development will offer a vibrant culinary hub with diverse indoor and outdoor dining options, showcasing a variety of local and regional food vendors. Adjacent to the Food Hall will be a welcoming 2.5-acre park, envisioned as a pet-friendly gathering space perfect for community events and outdoor concerts.

Magnolia Trace by Stanley Martin: Modern Condominium Living in Downtown Wake Forest

A short and pleasant walk from the future Wake Forest Food Hall, the initial foundational work is visible for Magnolia Trace, a new condominium project by renowned builder Stanley Martin. This community will feature approximately 72 stylish condos situated across nearly three acres, just one block from the vibrant center of the downtown Wake Forest business district. These units will offer a townhome-style aesthetic with the convenience of stacked condominium living.

535 South White Street Warehouse: A Unique Multi-Use Space in Downtown

Venturing a few blocks south through downtown Wake Forest, the historic warehouse district at 535 South White Street is undergoing an exciting transformation into a dynamic 16,000 square foot multi-use destination. This innovative space is envisioned as a place to gather, play, dine, and even work. Exciting leases have already been secured for three unique establishments:

• Little Ombre Smoked Taco Joint: Promising a cool and laid-back taco dive bar experience.
• The Cardinal Bar: A unique gourmet hot dog joint with an eclectic dive bar meets classic American diner vibe, complete with a selection of mixed drinks.
• Pure Barre: Offering efficient and effective 30-minute full-body workouts.

The Preserve at Kitchin Farms by Mungo Homes: New Homes in Wake Forest's Final Phase

A short 12-minute drive from the downtown area brings us to The Preserve at Kitchin Farms, where the very first homes are being built in the newest and final phase. Situated on the southwest corner of Wake Forest, these new homes typically feature three to five bedrooms and three to four bathrooms, ranging in size from 1,800 to over 4,000 square feet. Pricing in this phase is currently attractive for new home construction in Wake Forest, ranging from the low $400s to the high $600s, with the average home priced around $450,000.

The Meadows at Jones Dairy by Drees & HH Homes: Amenity-Rich New Home Community

Considered one of the premier new home communities in Wake Forest currently available, The Meadows at Jones Dairy will encompass approximately 132 home lots, with 78 being expertly crafted by Drees Homes and 54 by HH Homes. Construction is actively underway on the newest townhome phase within the community. This neighborhood also presents potential investment opportunities with attractive rental income possibilities. Multiple lot releases have recently been announced by both builders, and these highly sought-after lots are selling quickly. The community will feature a range of desirable amenities, including a community swimming pool, several pocket parks, and scenic walking areas. New home pricing is competitive, starting in the mid $300s for townhomes and the mid $400s for single-family homes. Conveniently located bordering Rolesville, it's just a short 12-15 minute drive to most major shopping centers in Wake Forest. Single-family homes will range from 2,000 to 3,100 square feet with a minimum of four bedrooms (select plans offer up to six), while townhomes will span 1,600 to over 2,200 square feet and include three bedrooms and garages for added convenience.

Sneak Peek: Cobblestone Village, Rolesville - A Downtown Renaissance

Now, let's venture into the neighboring town of Rolesville for some exciting news! Cobblestone Village is a highly anticipated mixed-use lifestyle center poised to revitalize downtown Rolesville, mirroring the successful Grove 98 concept in Wake Forest. Construction is progressing rapidly on what will eventually include 178 apartments and 50,000 square feet of vibrant retail space, as well as the town's municipal center. Recent exciting tenant announcements include:

• Anytime Fitness: Your go-to spot for convenient workouts.
• Wolf Gang Bakery: Spoil your beloved pets with delicious treats and more.
• Local Charm Boutique: Discover unique and locally sourced gifts and boutique items.
• Jeff's Bagel Run: Enjoy freshly baked bagels and a variety of breakfast and lunch options from this popular franchise.
• Pixels Bar and Arcade: Get ready for Rolesville's ultimate entertainment hub, featuring a fantastic collection of vintage video and pinball machines, signature cocktails, and tasty bar food.

The towns of Wake Forest and Rolesville are experiencing a period of dynamic and exciting growth, offering a diverse array of new homes, shopping destinations, dining experiences, and lifestyle amenities. Whether you're a current resident looking to stay informed or considering a move to this thriving region, now is the perfect time to explore all that this area has to offer!

Ready to explore the new home opportunities in Wake Forest or learn more about this exciting growth? Contact Michael Sanders and the Mike Sanders Team at RE/MAX United today! We are your local experts dedicated to helping you find your perfect place in this incredible community.