Holly Springs, North Carolina, is moving forward with $135M in revenue bonds approved by the Local Government Commission to fund major infrastructure and utility upgrades, including:
- Utley Creek Water Reclamation Facility improvements
- Expansion of treatment capacity from 6M → 8M gallons/day
- Rehabilitation of existing infrastructure
The population has nearly doubled in 14 years (24,661 in 2010 → 48,674 in 2024), prompting these updates. Residents can expect a 9–15% water/sewer rate increase through 2031.
Takeaways for building owners and business operators:
- Growing communities drive utility and infrastructure investments
- Rate changes impact operating costs for commercial tenants
- Long-term planning is key when evaluating property or development opportunities
