Growth Slower Than Projected, Thanks Coalitionistas YOUR EDC's REID.

[ncbeachbumb]

http://www.msnbc.msn.com/id/22827062/

By Eric Watson, NBC17 Reporter
PITSBORO, N.C. -- Projected growth in Pittsboro is not in sync with actual growth according to Pittsboro Town Manager William Terry.  A slump in the housing market is making it difficult to attract new businesses and industries to Pittsboro because people are holding onto their money, said Terry.
"I think everyone is optimistic that these things go up and down and housing goes down. I think folks are trying to make the optimal decision on when it is time to start a retail or commercial business in this area or any area," Terry said.

Before business owners move to areas like Pittsboro, they want to make sure there are enough people to do business with. But when business owners see that fewer people are moving into the area, they must decide if setting up shop in such areas will generate enough money to stay afloat.
Chatham County Economic Development President Dianne Reid said even thought Pittsboro is growing, the town is not growing the way it was predicted to grow before the housing market started to become unstable.
"The rate of growth with housing units has declined, so we're continuing to grow but not at the pace we set earlier in this decade," Reid said.
Some businesses have already moved out of Pittsboro. Large retail giants like Sears used to have an appliance store in Pittsboro for several years but moved out last month. A representative for the national appliance chain said the story could not make any serious money to stay in business in Pittsboro. So now the location of what used to be Sears is currently a thrift shop.

Lowes Home Improvement Store is now the largest store in Pittsboro and has been around for just over a year. Both local managers and corporate managers would not comment on whether or not the store is meeting earning expectations. Neither would they comment on the future of the stores existence in Pittsboro.

But there may be hope for Pittsboro's economy -- Reid is working with U.N.C. business school to come up with a plan to not only keep current businesses afloat, but also bring in new businesses and industries to the area.

Yeah right.  That's why Reid came to Pittsboro with her Coalitionista and Pittsboro Together backers to speak out against business (Pittsboro Place) at public hearings.  Finally the folks in Chatham County are starting to understand and see the Coalition and Pittsboro Together in their true colors.  They don't want business in Chatham County except for Arts, The General Store Cafe, The Marketplace, and Estyl's Bio-Diesel company.  Period.  None of which create their so called "high paying jobs" or any significant tax base.

As soon as we run the Coalitionista backed politicians (BOC) out of office, we need to send Reid back to Orange County.

[Clyde]

In case you haven't noticed folks, we're in a major recession, Nationwide.   What is going on at Chapel Ridge and other developments has more to do with what is going on Nationally.  Be thankful you live here in the Triangle rather than places like Florida, Nevada, California, and parts of the upper Mid-West.  Comparatively, our markets are much better.

whose quote is that? you're a regular brainiac bumblebutt... but keep trying by all means

[girlfrompbo]

So is the coalition responsible for the slowdown in the entire nation's housing market, or just chatham county's?

[NC YIPPIE]

In case you haven't noticed folks, we're in a major recession, Nationwide.

[Clyde]

Be thankful you live here in the Triangle

[peacefulcapitalist]

I can't speak for the Coalition or PT, but it's always been my view of the smart growth side that we want the growth to be where it makes sense -- and Pittsboro is a place where it makes sense.  There were very few complaints, Coalition or otherwise, about Powell Place, for example.

I don't personally know all the PT together crowd, but I've not heard a lot of arguments that Pittsboro shouldn't grow.  The arguments I've heard (and subscribe to) is that suburban-style growth in the county should be concentrated in and around Pittsboro where services and infrastructure are available, or can be provided cost-effectively, and not out in the sticks where no infrastructure exists.  That's the crux of the anti-sprawl argument.

[randy]

I would love to see a steak house like Long Horn come to Pittsboro.  Not really into the General Store Cafe.   San Felipe, Al's and the Flamingo is the only place I eat when I come into Pittsboro.  I didn't realize the housing wasn't selling, the house accross the street from me sold in 3 days last Spring.  I was going to do home improvements in my house during winter months, but I my hold off.  I plan on selling in a few years.

[NC YIPPIE]

You mean the Pittsboro Planners did not predict the current housing slump and potential national recession 5 years ago? Wow, that's shocking.   

[Clyde]

kinda silly when the bum tosses out his grenedes that turnout to be duds, he just disappears for a few days hoping they'll slip off the radar screen.

[NC YIPPIE]

That's his m.o. because he usually gets pummeled in real debates. However, maybe he's been hit with a family intervention and sent to 'Starkweather Syndrome' rehab. 

[fools gold]

NC Yippie,

Usually I would associate a NC Beachbum with a "happy go lucky" chap soaking in the sun and full of mirth and joy. I am flummoxed as to why our local beach bum is so angry and prone to pyrotechnics. Maybe he drank our water or eats at Hardees too much. Who knows? The traffic may be getting a bit too much for even him.  I just pray that he finds his inner beach bum soon. Playing with grenades can be such a dangerous avocation    

[curlygirl]

They don't want business in Chatham County except for Arts, ...

North Carolina Arts Council Fact Sheet
North Carolina Research Studies
Creative Economy: The Arts Industry in North Carolina
Creative workers, creative enterprises, and creative communities bring the entrepreneurial strengths of the private sector to economic development. In 2006 arts industry wages alone infused more than $3.9 billion into North Carolina’s economy, according to research by Regional Technology Strategies (RTS).
from
http://ncarts.org/freeform_scrn_template.cfm?ffscrn_id=319&menu_sel=5&sub_sel=87
See http://ncarts.org/elements/docs/Creative%20Economy%20NC%20Fact%20Sheet.pdf

[randy]

I know I'm going to get yelled at for this, but why do we need a new library, the old one was never that busy and was fine???Spend Spend, Spend!!!

[belle]

can't say, I pay the $50 and use Chapel Hill Public Lib.

[girlfrompbo]

The new library is adding a lot of services and expanding the collection, which hopefully will attract more patrons.  Also, since it is being built in conjunction with CCCC it is actually a very efficient use of funds.  I consider it a wise investment in the community.

a LOT of people use the Wake and Chapel Hill systems.  Hopefully the new library will bring those patrons into the Chatham County system!

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