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New Home Builder: Preston Development Company

About 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). 

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