News

Carolina Colors is Acquired by Preston Development Company

Housing Market Rebound Spurs Investment in Coastal North Carolina NEW BERN, NC – May 9, 2013, Cary based – Preston Development Company announces the purchase in April 2013 of developed home sites and all undeveloped land in Carolina Colours, a New Bern master-planned golf course community. Preston has teamed with…

Preston Development Company Videos Win International Awards

San Francisco, CA---Two videos of development projects by Cary, North Carolina developer Preston Development Company won top awards in the 16th Annual Videographer Awards, an international competition for film and video production. The films, “Chatham Park” and “Beaufort East Village”, highlight two major development projects the company is unveiling. “An…

Beaufort N.C. --Site of Preston's Beaufort East Village-- Wins "Coolest Small Town in America" Award

The city of Beaufort, North Carolina, home to Preston Development’s 300 acre project site, Beaufort East Village, has won the title of Coolest Small Town In America, awarded by Budget Travel. With 647 towns nominated nationwide, Beaufort tied for first place, winning with Hammondsport, NY. The seaside community of less…

Raleigh NC Takes “America's Best City” Award

Businessweek.com along with Bloomberg Rankings rated the top 100 cities, choosing Raleigh as the nation’s best city in which to live and work. Combining culture, college and professional sports, recreation, along with Duke, UNC-Chapel Hill, and North Carolina State Universities, as well as the Research Triangle Park, Raleigh boasts over…

Raleigh Wins #1 Spot on Forbes Best Places for Business List

Getting a strong boost from it’s higher education power base of Duke, UNC-Chapel Hill, and North Carolina State University, Raleigh, N.C. vaulted to the top spot on Forbes’ Best Places For Business list. Low business costs, an educated workforce, and proximity to the Research Triangle Park along with the fact…
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