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Preston Development Company Cary NC

About Us

A leader in Residential and Commercial Development- From the Triangle to the NC Coast

Preston Development Company is a residential and commercial development leader for over three decades. Developing exceptional communities across the Southeast with quality and integrity. Preston is recognized with great esteem all across the Triangle area to the sweeping shores of the North Carolina coast. Our team of experts is passionate about building beautiful and sustainable communities that people are proud to call home.

Our proven track record of success and commitment to excellence is unmatched.

Main Services

Our philosophy is “If it is worth doing you do it right, otherwise you leave it alone.”

Built on

What sets us apart from other developers is our reputation and passion. Communities are planned and built with families in mind. Our founders, Tim Smith and Julian “Bubba” Rawl, genuinely care about creating beautiful, sustainable communities that stand the test of time. Trust is a crucial ingredient to what we do, and the planning has resulted in some of the state’s most iconic and successful projects.

Preston Development Company

  • Development Company of the Year — 2023 MAME Awards

  • Leadership Award — Vanessa Jenkins — 2023

  • Henry A Stikes Grand Conceptor Award — Water Reclamation Center in Chatham Park

  • Chatham Park & Preston Development — Chatham Park Water Recovery Center

  • Beau Coast — NCHBA Community of the Year
    STARS Award

  • Triangle Business Journal SPACE Pillar Award — Tim Smith and Bubba Rawl, Preston Development Company

  • Chatham Park Medical Office Building — Exemplary Water Quality Protection and Community Outreach and Education

  • South Lakes- NCHBA Community
    of the Year — STARS Award

  • Southport Marina — Marina of the Year

  • Knightdale Station — Town of Knightdale
    Community Appearance award

  • Knightdale Station — Mayor’s Award
    for Commitment to Community

  • Developer of the Year — MAME Awards by Wake Co. Home Builders Association



Preston Development Company
105 Weston Estates Way
Cary, NC 27513

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Hours & Contact

Hours of operation: 
M-Th (8:30-6PM)
F (8:30-2:30PM)

Telephone: (919) 481-3000