I540 Orange Route Supported By Fuquay Varina And Holly Springs
I540 Orange Route Supported By Fuquay Varina And Holly Springs
If you live anywhere near the North Carolina Triangle area (Raleigh, Durham, Chapel Hill), then you know all about I-540. It is the large expressway that goes around the city of Raleigh (or almost around) and most of the time is a great way to avoid possible heavy back ups on the interstate. In 2013, the state completed its most recent section connecting from the Interstate- 40 near the airport all the way down to Holly Springs. This area gave quick access to or from the airport area if you are traveling from Apex, Holly Springs, or Fuquay Varina and points south. Although it is a toll section, many people are enjoying the convenience of light traffic and quick access during busy hours on the road.
The next step of the project is to finish the southern part of the circle and connect from Holly Springs through Fuquay Varina and into Garner, finishing up on the eastern side of the city in Knightdale. The complexity of this task involves deciding which direction for the lower section of the beltline to travel. The first few miles of the next phase from Holly Springs are already pretty much determined but after that, the plans look more like a spiderweb than a road. After I-540 would pass over Holly Springs Road, the fun starts. You have several possible options with the different variations to the plan designated on a map in different colors: purple, orange, red, green, brown, mint, tan, teal, and lilac. (for maps of the proposed routes, visit : http://www.ncdot.gov/projects/complete540/)
Recently, the three towns of Holly Springs, Fuquay Varina, and Garner all passed resolutions in support of the Orange Route, which has been in most peoples minds as the front runner for the most likely route to be chosen. It basically mirrors Ten-Ten Rd on the southern side from Lake Wheeler Rd all the way to Hwy 50. After that, it turns northeast and heads to the area of I-40 and Hwy 70 bypass.
How does this affect you? If you are looking to purchase a home in the area, you need to be very aware of what might be coming and where that route is. There are lots of beautiful homes and neighborhoods in southern Wake county that will be affected eventually once the bypass is built. Some will have a very positive impact being close (but not too close) to the new expressway and will allow much quicker and easier access to the high demand areas of the Triangle. Those homes that are in the path of the expressway will be purchased by the state (at a current market value) and those homeowners will be come home buyers. Not the best news for someone that may have found and be living in their "dream" home.
No definitive decisions have been made as to the final routes of the southern side of Interstate 540 but this step by the towns of Holly Springs, Fuquay Varina, and Garner definitely seem to have pushed plans along in the Orange direction. No timeframe has been set for when building of the new section will commence and some believe that it will be in excess of 10 years before the state has the funding to finalize plans and begin purchasing the land that will be used.
With all of that said, you as consumers and potential home buyers need to be aware of what may come to the southern part of Wake County when shopping for a home. If you have any questions, please give our team a call at the Kima Real Estate Group. We are here to help you any way we can with your real estate questions and needs. 919-443-0200
Author:Chad Wingler Phone: 919-323-2616 Dated: July 13th 2015 Views: 3,073 About Chad: Buying a new house is one of the largest steps a person makes in their life; emotionally, physically...
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