Today the Chatham-Siler City Advanced Manufacturing Site received a new name. It was previously called the Chatham Randolph Megasite. You can read the announcement here.
The megasite is huge news for Chatham County. It has NC Certification and is ready for development. It will most likely become the home of a large auto manufacturer.
You may have heard about BMW moving to South Carolina years ago. The economic impact this has had on cities such as Greenville, SC is gigantic. One study states that there is an employment multiplier of 3.9. This means that for every job created by BMW almost 3 more were created elsewhere in the state. If you have a few minutes you might want to read this comprehensive study The Economic Impact of BMW on South Carolina to try and wrap your head around what this is going to do to Chatham County.
Of course, land investors are buying up land. If you are looking to purchase land in near the Chatham-Siler Advanced Manufacturing Site, feel free to give me a call. I can match you up with whatever you are looking for. If you are looking to sell land in Chatham County, I can assist you in listing it. I am the area’s land expert and have dozens of listings in the area at any given time.
