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Pulte eyes 368 acres in Durham for next active-adult development

Pulte Homes appears to have found a location for its next retirement community in the Triangle.

The homebuilder has filed a rezoning request with the Durham City-County Planning Department for 368 acres off Leesville Road. The property is just east of U.S. 70 near Brier Creek.

The development plan calls for the project to be an active-adult community that would be restricted to people 55 and older.

Lawrence Lane, Pulte's division president in the Triangle, said the company is still working with planning officials on the feasiblity of the site and has not determined how many homes might be included in the project.

Pulte opened a similar community, called Carolina Preserve at Amberly, in Cary in 2006 under the company's Del Webb brand.

The 1,300-lot development still has more than 400 home sites remaining. Lane said Pulte likely wouldn’t open a second active-adult community until Carolina Preserve was sold out.
 

Pulte names new Triangle division president

Pulte Homes, the country's largest homebuilder, has named a new division president for the Triangle.

Lawrence Lane, 39, officially took over for Steve Schlageter on Monday.

Schlageter has been promoted to vice president of strategic planning in the company's Bloomfield Hills, Mich. headquarters.

Lane was previously vice president of finance for Pulte's Southeast division, which included the Triangle.
 

Pulte launches new community in Cary

Pulte Homes announced today that it plans to build a new community of single-family homes and townhouses at Davis Drive and Morrisville Parkway in Cary.

The community, called Davis Village, is in the Prestonwood Country Club area of Cary. 

Buyers will be able to choose from two townhouse products and four single-family floor plans with three to five bedrooms. 

Davis Village will consist of 51 townhouses and 20 single-family homes ranging in size from 1,491 to 2,898 square feet. 

Steve Schlageter, PulteGroup’s Raleigh Division President, said sales are expected to start in early fall.

Pulte Homes is already selling townhomes and single-family homes in the Town Hall community nearby. 

How many residential lots are there in the Triangle?

In my Thursday column about Pulte Homes I said that there were 50,137 developed lots at the end of September in the Triangle. That number came from Market Opportunity Research Enterprises, a Rocky Mount firm that follows Triangle housing trends.

As it turns out, that number is significantly higher than the developed lot count calculated by another outfit, Metrostudy. Metrostudy reports that at the end of the 3rd Quarter there were 33,353 lots in the Triangle.

What explains the difference? Here's an explanation of how each firm comes up with its number.

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