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Lake Crabtree Entertainment Complex

Sector: Airport • Location: Wake County, North Carolina, United States

Source: The Business Journals

Project
Planned

Pacific Elm Properties, majority owned by Carolina Hurricanes owner Tom Dundon, plans to develop an entertainment destination near Lake Crabtree along Interstate 40 in Wake County. The project aims to combine outdoor experiences with revenue-generating opportunities, including activities such as paddling, climbing, skating, zip-lining, mountain biking, and retail with support amenities. The develo

Status
Prospective
Sector
Airport, Residential, Road, Commercial
Location
Wake County, North Carolina, United States of America
Updated
22 Jul 2026
Source
The Business Journals

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Project Information

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The project “Lake Crabtree Entertainment Complex” is an infrastructure initiative in the Airport sector, located in Wake County, North Carolina, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Pacific Elm Properties, majority owned by Carolina Hurricanes owner Tom Dundon, plans to develop an entertainment destination near Lake Crabtree along Interstate 40 in Wake County. The project aims to combine outdoor experiences with revenue-generating opportunities, including activities such as paddling, climbing, skating, zip-lining, mountain biking, and retail with support amenities. The development is inspired by venues like Sierra Nevada Brewing in Asheville and the U.S. National Whitewater Center in Charlotte. Public workshops are planned to gather community feedback, with the first likely on August 19, 2025. The lease deal for the 136-acre site would help fund capital projects at Raleigh-Durham Airport (RDU) to meet growing passenger capacity.

Original sector

Commercial Real Estate

Location

Country

United States of America (USA)

State

North Carolina

City

Wake County

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Airport, Residential, Road, Commercial

Article published date

2025-09-16

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