history NACC Project History
Journey of building our dream community from conception to reality
Project Progress
Phase 1 – Concept & Governance
Shared proposal with small group; formed ad-hoc committee; explored initial land option; identified need for additional land
Mar-22Phase 1 – Concept & Governance
Registered NACC Investment Group, LLC in North Carolina
Apr-22Phase 2 – Land Acquisition
Purchased initial 25 acres; created 63 shares sold to 55 members
May-22Phase 2 – Land Acquisition
Purchased additional 6.5 acres; increased shares to 74
Aug-22Phase 2 – Land Acquisition
Purchased additional 20 acres; total land exceeded 52 acres
May-23Phase 3 – Member Alignment
Member survey conducted; increased share price and entry fee
Aug-23Phase 3 – Member Alignment
Buy/sell round completed; total shares increased to 106
Dec-23Phase 4 – Entitlements
Project approved by City of Mebane Planning Board
Aug-24Phase 4 – Entitlements
Annexation and rezoning approved by City Council
Sep-24Phase 5 – Membership Stabilization
Buy/sell round completed; shares stabilized
Oct-24Phase 5 – Membership Stabilization
Buy/sell round completed; membership increased to 84
Dec-25Phase 6 – Engineering Design
Estimated Phase I construction design approval
Mar-26Phase 6 – Engineering Design
Estimated Phase II construction design approval
Jun-26Phase 7 – Pre-Construction
Bid tabulation, erosion control permits
Aug-26Phase 7 – Pre-Construction
Land developer bidding and selection
Oct-26Phase 8 – Construction
Land development and Phase I home construction begins
Jan-27Phase 8 – Construction
Phase II home construction begins
Jun-27Phase 8 – Construction
Phase III amenities construction begins
Jan-29Phase 8 – Construction
Estimated full project completion
Dec-29Project Milestones Spreadsheet
Key Milestones
Phase 1 – Concept & Governance
Shared proposal with small group; formed ad-hoc committee; explored initial land option; identified need for additional land
Mar-22Phase 1 – Concept & Governance
Registered NACC Investment Group, LLC in North Carolina
Apr-22Phase 2 – Land Acquisition
Purchased initial 25 acres; created 63 shares sold to 55 members
May-22Phase 2 – Land Acquisition
Purchased additional 6.5 acres; increased shares to 74
Aug-22Phase 2 – Land Acquisition
Purchased additional 20 acres; total land exceeded 52 acres
May-23Phase 3 – Member Alignment
Member survey conducted; increased share price and entry fee
Aug-23Phase 3 – Member Alignment
Buy/sell round completed; total shares increased to 106
Dec-23Phase 4 – Entitlements
Project approved by City of Mebane Planning Board
Aug-24