The Town Of Clayton’s Economy Strengthens

The economy of the town in which you live plays a large role in many aspects of your life. Living in Glen Laurel, you can rest assured that the city of Clayton, North Carolina, is growing stronger. After three years of seeing an economic downturn, recent development projects in the city of Clayton show that its economy is now improving.

Many new developments have helped play a role in strengthening the local economy. The promises of the N.C. 42 West corridor, the growth and resumed development of local subdivisions, large retailers moving into the area and the effort to promote residents to shop locally have all played a part.

Town Manager Steve Biggs said, "We are well-positioned to take advantage of two things. As the Triangle improves, people move here, and local employers and industries continue to prosper."

The subdivision of Summerlyn, which is located on Glen Laurel Road in east Clayton, was stalled in building as a result of the down economy, but this past fall has once again started building. Chandler's Ridge, another subdivision that suffered from bankruptcy, will also resume building soon.
On the industrial side, the city of Clayton saw the addition of the Coca-Cola Bottling Co. after consolidating from its downtown Raleigh location. Biggs is hoping that with the pending Coca-Cola site other large corporations will choose to call Clayton home.

The Chamber of Commerce and the town have been encouraging everyone to shop locally through their campaign called, "Think Clayton. Think Shopping." Shopping locally keeps residents' money in town and helps keep our local economy strong.

If you are interested in buying or selling a home in Glen Laurel, contact Rodney Geohagan. The Geo Team is here to help you with all of your real estate needs. Rodney Geohagan is a certified distressed property expert who has the experience to help you sell your home and is qualified to help you with all options before it is too late. There are many questions about how the short sale process works, and whether a homeowner would be better off selling short or signing over their deed in lieu of foreclosure. Rodney has the answers and would love to sit down for a confidential review of your options.