Joseph Wells - REALTOR - Raleigh & Surrounding Areas
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The part of "growth" no one is talking about

3/29/2026

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    For years, one of the biggest selling points of living in our area has been growth, that's not a secret. New companies. New jobs. New rooftops. New opportunity. On the surface, that all sounds like a win, but lately, I’ve been paying closer attention to a part of that growth that I think more people in our area should be aware of, because unfortunately very few are talking about it yet, and it centers specifically around the topic of: 

                                                                         Data centers

      For most of us, we hear the names like Apple, AI, software expansion, cloud computing, and naturally think: “That’s great for North Carolina.” To be honest, it can most certainly be great for our State, but what often gets left out of the conversation is this: These companies don’t just bring offices and employees. They also bring infrastructure.

   One of the biggest pieces of that infrastructure currently needed  is data centers, which are the massive computer facilities that keep cloud storage, AI tools, streaming, software, and digital systems running around the clock. That may sound harmless enough…until you start looking at what they actually require. Some of these facilities use an enormous amount of electricity, operate 24/7 with little tolerance for outages, and can place a serious demand on local infrastructure. Alongside energy, these data centers will also require water to keep the machines cool. On the water side, the numbers can be eye-opening too: industry estimates show a 250-megawatt data center can use up to 1 billion gallons of water per year, roughly 2.7 million gallons per day! 

     Locally, we are seeing many communities in our area, starting to push back. Apex for instance has already moved toward a one-year moratorium to give local leaders time to study the long-term impact before approving more of these projects. Chatham County has already approved a temporary moratorium of its own and this week Wendell has done the same. Yes, these data centers can bring investment and tax revenue, but they also raise some very reason questions such as: 
     Are we ready for the power demand?
     What does this mean for land use and future housing?
     How much water and infrastructure will this require?
     And if the long-term job count is relatively small, who really benefits most?

   
      Based on my research, the long term job count is specifically the part that I think a lot of people miss. We tend to hear “big company coming to North Carolina” and assume that means a huge wave of permanent jobs and long-term economic upside for everyone nearby, but in many cases, the construction jobs are temporary, and once the facility is built, the long-term employment footprint can be surprisingly small compared to the scale of the actual project. Meanwhile, the land is used.  The energy demand is rea and the effect on a community can last a very long time.

 As someone who watches growth, development, and housing patterns in our area closely, I think this is one of those topics that’s going to matter more and more over the next few years, because real estate doesn’t just move based on interest rates and home prices, It also moves based on what’s being built, where it’s going, and whether the community actually wants it there.

                                                                   Not all growth is bad.
                                                           But not all growth is automatically good either.
      I think North Carolina is entering a season where we’re going to have to get a lot more intentional about the difference.
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    Joseph Wells 
    ​REALTOR

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  • Home
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  • Buyers
    • List of Homes $300k or Less
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    • What is Escrow & How Does it Work
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