New Home Builder: Preston Development Company

Preston Development Company is recognized as one of the premier development teams in the nation. Founders Tim Smith and Julian “Bubba” Rawl, have established a reputation for planning and producing only the highest quality development projects.

Born in upscale Cary, North Carolina, Preston Development Company has established a solid foundation with a name that is instantly recognized with great esteem in the Southeast. Preston has achieved excellence in all of their projects from the capital city’s Research Triangle Area, a pre-eminent tech and biotech center, to the sweeping shores of the North Carolina Coast. Preston Development is known locally for high-end residential communities such as Preston and the Prestonwood Country Club, MacGregor West, Wessex, Weston Estates, Camden Forest, Magnolia Woods and Stanton Place.

Preston has also made a name with retail projects which include:  The Arboretum at Weston, Preston Walk, Preston Corners and Buck Jones Village to name a few.  Additionally, Preston owns, leases and manages many of our centers and freestanding buildings. Currently, two of our larger projects are Chatham Park and Beau Coast.  Chatham Park is a projected 7,000-acre technological live-work-play community located close to Research Triangle Park, Raleigh Durham International Airport and three world-class universities, (Duke University, University of North Carolina Chapel Hill, and North Carolina State University).