Business

Developer puts Barium Springs on the map

Barium Springs

March 25. By Erica Batten. A Lake Norman developer who has transformed more than 120 acres in Sherrills Ford has now set its sights on Barium Springs in what could be the largest planned development in the Lake Norman region.

The build-out could be under way much of this decade.

In Troutman and Statesville

Cornelius-based Prestige Corporate Development announced this week that it has acquired approximately 800 acres in a deal with Children’s Hope Alliance, the non-profit that runs Barium Springs Home for Children.

2,000 residential units

The property, which includes parcels in both Statesville and Troutman, will be developed as a mixed-use district slated to include a 50-acre business park, potential civic-use buildings, and more than 2,000 new single- and multi-family homes.

The developer will hold community meetings in upcoming weeks to share more details about its plans for the development.

Build-out

Prestige representative Robert Davis said the project will take about six years to complete as the developer works with local government to create connectivity with the Town of Troutman’s greenway system. He would not disclose the purchase price of the property.

Davis also said that Prestige will incorporate the architecture of two of the orphanage’s historic buildings, the Gracie Building and Little Joe’s Chapel, into the new development. Originally known as the Presbyterian Orphans Home, the Barium Springs Home for Children moved to its current site in 1891.

Background

Children’s Hope Alliance will retain approximately 70 acres on the west side on N.C. 21 for its offices, museum and outdoor community spaces. The chapel, alumni museum and the Heartstrings Music and Arts Center will be relocated across the street from their current location.

Discussion

One Response to “Developer puts Barium Springs on the map”

  1. We don’t need all these houses we need roads and businesses and we need grocery stores.

    Posted by Doyte Miller | March 26, 2022, 12:37 pm

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