Cary issued 56 permits for new detached residential and townhouses in Q3. The top three subdivisions permitted were Carpenters Pointe Townhomes (14), Pipers Grove (10), and Southwest Zone (9). Overall, permits for new detached and townhouses decreased 72% in comparison with Q3 of FY 2022.
Cary issued 160 detached and townhouse certificates of occupancy (COs), an average of 2.5 certificates per workday. This is fewer in comparison with the COs issued in Q3 of FY 2022, which was 188. The subdivisions receiving the most COs were James Grove (22), Carpenter (19), and Cornerstone Townes (19).
Cary also issued nine building permits for a total of 474 multifamily units. Projects included Meridian East
Chatham, Preston Ridge, Franklin Park Condominiums, and Weatherstone Creek Condominiums.
