Economic Development Report – August 13, 2013

Lewisville-Clemmons Chamber of Commerce

Economic Development Report

By: Dana Lu Bryson,

Owner, Village Inn Event Center

August 13th, 2013

Economic Development (by definition):

* The planned and guided growth of business that brings new energy and affluence to the community not only in the form of new jobs and higher wages and salaries, but also in terms of better education, stronger infrastructure and a more rewarding lifestyle.

* Promoting “the Quality of Life”.

Commercial Development / New Business

East Coast Wings is open for business and is having their Grand Opening this Thursday at 5:30

The Stop Light at Panera Bread and Allegacy Way is moving forward. The design has been approved locally and submitted to Raleigh for approval. Once that is done and expected easements are in place, then it will be put it out to bid.

With the 312 unit apartment complex by developer Chris Parr in Village Point, they are in stormwater permitting phase, and they should start grading soon.

There is a Cell Tower (AT&T) application plan submitted with a location on the back side of Morgan Place Apartments.

There is a Tire Store application submitted for redevelopment of the former Clemmons Discount Center which is now vacant.

There is a Chick Fil-A application and a site plan submitted for review with a proposed location adjacent to Arbys.

Roundabout at Harper Road and PeaceHaven – The Rightaway issues will be complete once the AT&T utility box right away is approved. The utility poles & lines are in process of being moved. Duke Energy is putting in their new utilities, and DOT wants to start soon. Then we will see some grading.

Yadkin River Greenway Project  – the sidewalk portion from the river to Tanglewood should start construction in October

At Village Point Lake – the rightaway around lake has been certified and is waiting on DOT design approvals before it’s put out to bid. In the next phase, we will be getting some greenway around the lake and possibly another pier next yearIf you haven’t visited the lake yet, it really is nice to bring the family out or go fishing.

Village of Clemmons Developments

Megan Ledbedder, our Village Planner, presented an update to the Council last night on the overlay proposal that she spoke about here at our Chamber meeting a couple of months ago. The Council decided to move forward in forming a committee to achieve 2 things:

1)      Come up with recommendations  for the UDO or Unified Development Ordinance and redevelopment strategies.

2)      Come up with recommendations for the Village financial support such a façade and landscaping grants, loans, and tax incentives.

This is all part of the private/public partnership.

If you are interested in being on this committee or having some input, call Megan at Village Hall.

There has been no official response to the ARC Grant application yet regarding the Village Point / Town Center property.

Residential Developments.

In Clemmons – we had 54 closed sales in July. 282 Active listings in July. There was no change in percentage sold year over year.

In Lewisville – we had 15 closed sales in July. 137 Active listing in May. There was 10% more sold year over year.

Other Developments that are being followed and are in process:

Wake Forest Baptist Health’s West Campus

The Town of Lewisville is purchasing land and developing a lift / pump station on Harper Road.

New round about at corner of Oaks Shopping Center that will take in Shallowford Rd., Williams Rd., and Heritage Drive

New Skilled Nursing Home development at the Harper Rd./Fair Oaks

New Assisted Living development across from West Forsyth YMCA called “Carrillon Assisted Living”.

There is a new residential development called Lauren Acres underway on Kinnamon Rd. with price ranges from $299,000-350,000 for 10 new custom built homes.

NCDOT discussions regarding the Western Beltway project changes

There are discussions for WS/FC Schools to buy two parcels of land and build a middle school adjacent to Southwest Elementary School that is in a preliminary stage. They have exercised an option to buy these parcels.

Recent Developments/Openings


Brothers Restaurant

Steak Escape

Taco Bell at 421 and Lewisville-Clemmons Rd.

Medical Office complex on Shallowford Rd. called Lewisville Family Medicine.

Dog Park at Tanglewood opening in May.

Milner’s American Southern has opened “Brothers” Restaurant in the former I Bambine building on Lewisville-Clemmons Rd just North of I-40

Clemmons Medical Center – opened in February

Business Achievements

If you have any questions or would like more details on these developments, please contact me at (336) 971-6567.