Disney has announced plans to develop its second Storyliving by Disney master-planned community in Chatham County, NC, in proximity to Raleigh, Durham and Chapel Hill, NC.

The plans for what will be known as Asteria, jointly developed by Walt Disney Imagineering and Scottsdale, AZ-based DMB development, encompass more than 4,000 residential units including single-family homes and multifamily units.

The 1,500-acre community will include homes specifically designated for active adults in the 55+ category. Sales of units are expected to begin in 2027. The Asteria community will be part of the larger Chatham Park master-planned community by Preston Development Corp.

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