The News & Observer: A $30M sale is set to reshape Cary and displace 140 families in Chatham Estates
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For decades, Chatham Estates Mobile Home Park has been a quiet pocket of affordability for hundreds of families, seniors and immigrants in Cary.
But fears of displacement have loomed over the 27-acre mobile-home community, and now with a planned sale they are a reality.
According to Town of Cary records, Pennsylvania-based luxury builder Toll Brothers is under contract to buy the land at 607 Cedar St. for the Maple Avenue redevelopment project. The property, owned by Curtis Westbrook Sr. for over 40 years, is expected to sell for about $30 million, according to Triangle Business Journal, which first reported the news.
Toll Brothers and...
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And another park bites the dust.