The Shops at Welden Village is a new construction opportunity ideal for growing businesses. The 20-plus building commercial area provides a walkable, Main Street commercial experience nestled within a residential mixed-use village in the heart of the Piedmont Triad, the geographic center of the 33rd largest metropolitan area of the country. Minutes from Downtown Greensboro, Winston-Salem, and High Point, the Shops at Welden Village are within a short drive of more than 1.6 million potential customers. The Shops at Welden Village is fully entitled with the Town of Kernersville for a wide variety of uses. It is nestled between Interstate 40 (66,000 VPD), Interstate 74 (30,000 VPD), and NC State Highway 66 (17,00 VPD). The plan includes community parks, plazas, and more than 400 parking spaces to enhance the customer's experience.
The homes already built in the Welden Village area are above average in quality and value, regularly exceeding area pricing averages. Homes are currently averaging $425,000 in sales prices, rising annually at nearly 4%. The Shops at Welden Village is part of a master-planned community designed for over 2,000 homes, apartments, and commercial buildings. On-site utilities include sufficient power, fiber to the premise, internet, and gas.
Built by PM Development, a regional development company with more than 50 years of history, The Shops at Welden Village is rooted in the community and well-positioned to excel. Now in its sixth year of sales, more than 300 buildings have been constructed, and over 30 are presently under construction in three different residential phases. Arden Homes and Tradition Homes are currently building houses and townhomes, and several commercial buildings are in design and preparing for construction. More than 315 apartment homes sit directly adjacent to the Shops at Welden Village. Growth in Welden Village boasts about 70 homes annually, and the surrounding area has seen more than 300 sales per year for the last five years. Welden Village's projected population surpasses 6,000 residents. Come be a part of this community.