Williams Corner emphasizes mixed-use development throughout:
An integrated master plan provides an inviting community where tree-lined streets, sidewalks, and trails connect to beautiful apartments, offices, restaurants, shops, and open spaces.
-An expected 7 year build out in 3 phases-
2006- Williams Corner was purchased by ZR Chatham, LLC
2008- Chatham County Commissioners granted Williams Corner permit status for 360,000 sq ft. office, medical, retailers and 40 townhomes. The retail plan allowed flexibility, and likely would have been a combination of mid sized box retailers (typical of that time period of commercial development) plus medical users.
2008- Major medical provider backs out of opening medical campus at Williams Corner
2009-2013-Post recession economy slows commercial and residential growth to a halt nationally.
2015- Amazon's market capitalization surpasses that of Walmart. Commercial developers begin shifting away from the conventional strip shopping mall approach.
2015 - 2016- Chatham County Commissioners begin gathering community input to develop a land use plan for the next 25 years.
2017- Chatham County Commissioners adopt a Comprehensive Land Use Plan. It focuses on managing unprecedented residential growth, limiting urban sprawl, and preserving natural splendor and ecological habitats. To do this, it promotes density in NE Chatham, designates and limits commercial and industrial zones to a limited number of centers along major corridors, like the Williams Corner property at 15-501 and Lystra Road.
2019- After analyzing the property impact and its fit with the new Comprehensive Land Use Plan, ZR Chatham partners with local group Bold Commercial Development to develop Williams Corner.
January 2020- Bold submits changes to the 2008 entitlement plan. This modified plan aims to fulfill the requirements of the new Comprehensive Land Use Plan and account for market shifts over the previous 12 years. The modifications are a shift from the outdated large commercial center model to a more progressive mixed-use development with sustainability and community in mind.
Build out expected to be completed by 2027 in 3 phases:
The new application site modifications attempt to limit exposure from outdated big box retail models and exceed consumer expectations after the Amazon/e-commerce boom.
The modification reduces retail/office/medical space from a centralized 360,000 sq. ft. to a subdivided 140,000 sq. ft for retail, and 90,000 sq. ft. for office. Two state of the art climate controlled storage facilities will be added on site as well.
Typical tenants for mixed use retail like this include hair salons, fitness studios, coffee shops, medical clinics, specialty grocers, and restaurants. Reducing retail square footage by moving away from a big box model to a mixed use model is also projected to reduce traffic congestion.
This new application modifies the site from the originally approved 40 townhomes to 2 multi-family campuses with up to 270 apartment units each.
The two campuses, divided by Cub Creek, will also offer 71 acres of preserved land and trails. Williams Corner's North and South Campuses are expected to achieve market rent rates of $1,145-$1,900, with average of $1,429 per month. This site modification aligns with the Comprehensive Land Use Plan.
Campus amenities will include a well-designed pool deck, park space, and outdoor recreation areas. Indoor amenities will include a resident lounge with co-working areas and a fitness center with yoga room.
Finishes throughout the property will be modern and attractive. Finishes are expected to include engineered wood flooring in all living areas, quartz countertops, stainless steel appliances, tile bathrooms, an open floor plan, and 9' ceilings.
Each multi-family campus will feature a mix of building sizes ranging from 2 - 4 stories. The buildings adjacent to neighboring property lines will be limited to a maximum of 3 stories and buffered with 300 feet of wooded acreage.
Build out projected to be completed by 2027 in three phases. The anticipated phases are as follows: