Developers plan Chinatown outside Raleigh

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Submitted: Mon, 02/06/2012 - 2:37am
Updated: Mon, 02/06/2012 - 2:40am

MORRISVILLE, NC (AP) — A North Carolina developer is planning to turn a nearly deserted outlet mall across Interstate 40 from Raleigh-Durham International Airport into a center of Chinese commerce.

The News and Observer reports that the $130 million project calls for a five-star hotel, a cultural center,
a pre-planned Chinatown complete with sloping roofs and upturned eaves.

Panda Properties Sino CEO Mark Herman says visitors will know they’re in Chinatown. He says financing is in place thanks to investors in China and North Carolina. The Chinese-American community in the Raleigh area has grown nearly 80 percent over the past decade to more than 15,000.

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