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Dale Greenwood supports Lexington's development and highlights real estate opportunities

October 21, 2024 | Lexington, Davidson County, North Carolina


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Dale Greenwood supports Lexington's development and highlights real estate opportunities
The City of Lexington's Planning Board meeting on October 21, 2024, highlighted a significant push for development in the area, with local landowners expressing strong support for ongoing projects. Dale Greenwood, a property owner and longtime resident, passionately endorsed the development efforts, emphasizing the potential for growth in Lexington. He noted that the city is experiencing a resurgence, with new businesses relocating and property values on the rise.

Greenwood shared his personal connection to the area, recalling its historical significance in the furniture and textile industries. He underscored the importance of adapting to current economic opportunities, stating, "Lexington has an opportunity for growth, and I'm just proud to be a part of it." His remarks reflected a broader sentiment among local stakeholders who see the potential for revitalization and increased investment in the community.

Bob Anderson, a representative from Freeman Commercial Real Estate, echoed Greenwood's sentiments, discussing the challenges of developing properties in the area due to topographical issues. He highlighted that several tracts of land have been on the market for over a decade without successful development. Anderson praised the current developers for their commitment to quality and thorough planning, stating, "Developers these days can't make products like they used to... they have to be built with high quality."

The meeting also touched on concerns regarding traffic management as development progresses. Board members acknowledged that managing inflow and outflow will be crucial for the success of any new projects. As the city navigates these discussions, the enthusiasm from local landowners and real estate professionals suggests a promising future for Lexington's growth and development.

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