Welcome to Preston Development Company

There are few words that are synonymous with Preston Development Company: Prestige. Exceptional quality. Success.

There's a reason that we've consistently been one of the leading residential and commercial development teams in the Triangle area. For over twenty years, our founders Tim Smith and Julian "Bubba" Rawl have established a solid foundation in Raleigh and Cary Research Triangle Park. Collectively, they've created a superb standard of living with first-class communities and commercial developments that have become landmarks in the cities where they are located.

Preston Development is diverse in its offerings and partnerships within the industry: We're known locally for upscale residential communities such as: Preston and Prestonwood Country Club, McGregor West, Wessex, Weston Estates, Camden Forest, Magnolia Woods, and most recently, Stanton Place and Landfall in Wilmington.

We've also made a name in commercial and retail development with centers such as: The Arboretum at Weston, Preston Walk, Preston Corners and Buck Jones Village, to name a few. Additionally, we own, lease and manage many of our centers and freestanding buildings. Preston Development also creates land development partnerships with other builders/developers.

We encourage you to discover our unique qualities and capabilities for yourself.