PITTSBORO — Preston Development, the Cary-based company building Chatham Park, has proposed an additional mixed-use development called “Mellott,” which will include more than 1,300 additional residential units in 190 acres in Pittsboro, according to the Triangle Business Journal.
The TBJ reported this week that Mellott, which will also include 785,000 square feet of non-residential space, will be bordered on three sides by Chatham Park and will be situated at the future intersection of Chatham Park Way and Grant Drive.
According to the report, the N.C. Dept. of Transportation plans to extend Chatham Park Way through Mellott with a projected completion date in 2024.
Mellott’s commercial space will include a hotel, offices, retail space and more, as well as 52 acres of open space — including a 30-acre park planned for the center of the development.
When completed, Chatham Park is expected to include 22,000 residences along with 22 million square feet of office, research, retail, educational and community space.