The Town Council on Monday unanimously approved a land swap that allows the developer of the Knightdale Station subdivision to complete a road that will connect with Knightdale Boulevard.
Cary-based Preston Development Company is giving a parcel of about 1.14 acres to James Ervin and Margaret Ernestine Rigsbee in exchange for an adjoining parcel of about 1.02 acres to the northeast that fronts Knightdale Boulevard.
The parcels are along the east side of the subdivision and the road is planned to snake northeasterly from Knightdale Station until it curves along the new parcel to Knightdale Boulevard across from Schneider Electric.
The developer wanted the road to connect at an intersection with a traffic signal and needed the land swap to reach the signal across from Schneider. It will provide a third exit from the subdivision.
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Town staff recommended in favor of allowing the land swap.
“This has been a long process,” Preston President Karl Blackley said. “It hasn’t been easy. ... We’re giving a lot more than we’re getting, but that’s fine because we committed to make this connection a long time ago.”
Blackley called the move a win for the town and the Rigsbees, as well as for Preston.
“I feel for you in your negotiations,” Mayor Pro-tem Mike Chalk said. “You’ve done a great job.”
Preston agreed to clear, grub and grade the land it is giving to the Rigsbees and install a 1,080-foot privacy fence along the road where it borders the Rigsbees’ property. Preston is also to install a 10-foot deep landscaping buffer along part of the new road.
Preston began acquiring the property for the 300-acre, 810-home subdivision in 2005 and broke ground on the project in summer 2014. It will be the largest subdivision in Knightdale.
The development is to include single-family homes, townhomes and apartments. The homes are to be priced in the mid-$250,000 range.
The development is adjacent to Knightdale Station Park, which opened in 2013.
About eight acres of the site is devoted to the YMCA at Knightdale Station that opened in summer 2015. Preston donated the land for the Y, which includes a pool.
Names the Town Council approved for the subdivision’s streets are based on train routes, stations or trains: Carolinian, Heartland Flyer, Midlander and Sunland drives; Admiral and Noon Flyer ways; Liberty Express Place, Banner Blue Court and Silverliner Avenue.
Blackley said Preston would like to come back before the council in April with an update on construction at Knightdale Station.
“A lot’s going on,” Blackley said. “We’re excited.”
Matt Goad: 919-829-4826