Expect More New Home Development in Fuquay Varina, NC as the Town Embraces Growth
A once quaint North Carolina town in the South Raleigh region, Fuquay Varina has grown exponentially over the past decade. The population has doubled, the construction of residential developments has boomed, and thriving Fuquay Varina economic development has resulted in a rapidly growing downtown.
At All My Sons Moving & Storage South Raleigh, we are proud to have our full-service moving company based in Fuquay Varina. This is an exciting and quickly growing town, yet it has retained all its charm and coziness. Fortunately, much of Fuquay Varina’s new development aims to keep that distinct character.
Fuquay Varina’s Economic Development Hasn’t Slowed Down
Over the last 10 years, there has been a significant rise in the number of new home developments in Fuquay Varina, NC as well as expansion in downtown areas. Some community members have raised concerns and questioned whether the rate of new construction is too fast.
Still, concerns about the lack of downtown public parking, public utilities needing improvement, and the potential for too many cookie-cutter communities have not been able to quell the town’s fast-paced growth.
"We've been growing at a rate faster than 8.5 percent. We've cemented ourselves as one of the larger municipalities here in Wake County. We're planning for more and more new development to occur. A lot of it over the last four to five years has been residential development." – Adam Mitchell, Fuquay Varina’s Town Manager2
Interesting Statistics on Fuquay Varina’s Growth
- The population has increased by 53% over seven years to 28,000 2
- 2,000 people a year are expected to move to Fuquay Varina
- Over 7,000 new housing units have been approved
- 51 residential projects and counting are being built or are in development
"As our community continues to experience robust growth, the town is working diligently to manage and coordinate all of the development efforts to determine the additional demand for creating supporting development opportunities. Fuquay-Varina will always have a great, small town charm, but we also realize our community's footprint is expanding and our landscape is changing." – Jim Seymour Fuquay Varina’s Economic Development Director 1
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1. Latisha Catchatoorian, WRAL.com – Fuquay-Varina has eyes toward the future with continued growth, development
2. Craig Jarvis, The News & Observer – 7,000 homes are being built in Fuquay-Varina. Is it growing too much, too fast?