RALEIGH-CARY GROWTH - HOLLY SPRINGS TO DOUBLE - MOOG ENDOWMENT

Raleigh, North Carolina.  Between 2000 and 2005 the Raleigh-Cary Metropolitan Statistical Region grew by more than 19% to about 950,000.  I have read several growth reports that claimed to report the population of given Metropolitan Statistical Regions.  However, there was a variation in the reports of the areas covered so what has been included or left out of this one I cannot say.  Suffice it to say that the growth has been strong - and continues.

Speaking of growth, Holly Springs is projected to nearly double its population to just over 31,000 during the next decade.  If that is as accurate as most projections around here have been during the last ten years it will prove to be on the low side - perhaps by a considerable amount.  Novartis, the drug maker, is bringing 350 jobs to Holly Springs, Wal-Mart will be building a store across the street from Novartis, Harris Teeter is expected to be the anchor of a 250,000 square foot shopping center, Boylan will build a mixed-use development of 90 townhomes, 17 single family homes, 150 condos or apartments and 40,000 square feet of shops with the same amount of offices above them.  There several other projects in the works that will add substantially to this.  Since activity follows activity Holly Springs should be an area alive with growth for a long time.

THe name Moog may or may not have meaning to you.  Bob moog invented synthesizers that turned electric currents into sound in the 60s.  Music, for better or worse, has not been the same since.  Moog Music is headquartered in Asheville and has annual sales of more than $3 million.  They manufacture and ship synthesizers, theremins and other electronic instruments all over the world.  Bob passed away a year ago and his family and friends are setting up a foundation to honor his memory that will endow scholarships at Berklee College of Music in Boston and at UNC-Ashville.  There are many examples of people who have done well in life giving to others to celebrate their good fortune.  These are the things, in my opinion, that deserve headline attention rather than endless ravings about who did what to who.

John Fish  (919) 696-3474   Email: marvmax@mindspring.com   Web Site: www.JohnFish.com

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