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Sandy Point




A map of the Albemarle region

map of Albemarle region indicating Sandy Point

Aerial Photo of Sandy Point area

Aerial photo Sandy Point

Zoom in of Sandy Point Beach

Sandy Point Beach

Sandy Point Farm


Sandy Point Development

FoR ENC Announces Fund for
New Urbanism Development Project
Published: 7/11/03
Foundation of Renewal for Eastern North Carolina
Announces Fund for New Urbanism Development Project at Sandy Point, NC

GREENVILLE, N.C., July 11, 2003 The Foundation of Renewal for Eastern North Carolina (FoR ENC) announced today a consulting and advisory partnership for bringing a new community development project to eastern North Carolina.

The Fund for Sandy Point, North Carolina, LLC
(a North Carolina limited liability company
and the wholly owned subsidiary of The Fund for New Urbanism, LLC)
has, with the guidance and assistance of FoR ENC, contracted for acquisition of 927 acres on the Albemarle Sound in Chowan County, NC, known as Sandy Point Farm.

The development will include primary and vacation housing, neighborhood retail establishments, and areas for boating and recreation. In the coming months, the developer will investigate commercial opportunities, including resort and spa operators, foundations, and organizations that can leverage the project’s facilities and natural environment for the benefit of their clients and constituents nationally.

The Fund for New Urbanism, LLC,
is a land development company organized by principals of the architectural and land planning firm of Duany Plater-Zyberk & Co. (“DPZ”), of Miami, FL.

The mission of the Fund is the development of real estate projects exemplifying New Urban practices in communities seeking alternatives to suburban sprawl. To that end, the Fund draws on DPZ’s experience in designing over 200 New Urban communities worldwide. The Fund works with local municipal officials and development professionals who demonstrate the desire and capacity for Smart Growth.

“Our evaluation of the market for a Smart Growth, mixed-use, New Urban development at Sandy Point has been very encouraging,” said Sam Young of the Fund for New Urbanism.

“We believe that a financially successful development at Sandy Point will contribute positively to the future of Chowan County and, more generally, to the renewal of eastern North Carolina. This development will complement the exquisite, historic community of Edenton and enhance the appeal of Chowan County and the upper Albemarle region as a travel destination.”

As developer, the Fund secures properties from landowners, retains qualified professionals to complete Smart Growth site plans and codes, and shepherds the planned projects through the entitlement process. The Fund then collaborates in the further development — construction, marketing and sales — of its approved projects.

“The response to the Fund’s development strategy has been encouraging, especially from private real estate equity firms familiar with DPZ’s design work,” said Mr. Young. “They recognize the value that DPZ’s experience lends to site selection and the design process, and they have challenged us to initiate responsible developments that meet consumer demand.”

Andres Duany, internationally acclaimed architect and principal in Duany Plater-Zyberk, explained the role of The Foundation of Renewal for Eastern North Carolina (FoR ENC) in the firm’s planning and evaluation process:

“FoR ENC was instrumental in identifying and evaluating prospective sites and partners for the Fund for New Urbanism in eastern North Carolina. This project, the first of its kind in the country, was introduced to the Fund for New Urbanism by Phillip Horne, President of the Foundation of Renewal for Eastern North Carolina. The collaboration emphasizes a novel and exciting new approach to stimulating regional entrepreneurship and competitiveness in a global economy by focusing on building community as a tool for attracting “knowledge workers” — those who create and grow new businesses. ”
“This opportunity will prove to be a special one for eastern North Carolina, in that it highlights the opportunities to showcase the region’s natural assets as a competitive advantage in growing a vibrant small business and entrepreneurship culture,” said Phillip Horne. “Job creation and traditional economic development strategies can be enhanced by the degree to which eastern North Carolina is perceived and functions as a working laboratory for progressive ideas about land use planning in non-urban environments. Every major metropolitan region that ranks highest in its ability to attract and retain knowledge workers is also able to tout its access to amenities and the environment—particularly natural, recreational, and lifestyle amenities—trademark assets of eastern North Carolina.”

The Foundation of Renewal for Eastern North Carolina has as its mission to address the issues and findings that emerged in discussions between and among a cross-section of business, civic, county, state government and economic development leaders, and education, healthcare, and tourism professionals across eastern North Carolina.

Phillip Horne is President of the Foundation of Renewal for Eastern North Carolina

Sandy Point Development

The Foundation of Renewal for Eastern North Carolina
Confirms That Hurricane Isabel Has Not Halted Progress in Eastern North Carolina:

Public Workshops in Edenton
for Sandy Point Development Project Proceed As Scheduled

GREENVILLE, N.C., September 30, 2003 The Foundation of Renewal for Eastern North Carolina (FoR ENC) and The Fund for Sandy Point North Carolina announced today that their consulting and advisory partnership will host a public workshop (“charrette”) on the new community development project planned for eastern North Carolina. The Sandy Point charrette is scheduled for October 6 through 13, 2003, and will be held in Chowan County, North Carolina, in and around the town of Edenton. The charrette is open to the public.

The Sandy Point charrette will convene as planned, despite the ongoing cleanup in Edenton following Hurricane Isabel. Sam Young, President of The Fund for Sandy Point, consulted with town and county managers before making the decision to proceed. “Hurricane Isabel gave Edenton and Chowan County a blow that will not soon be forgotten,” Mr. Young stated. “But the community has pulled together remarkably. While the immediate focus will be on recovery efforts, community leaders recognize that planning for the future must go forward.”

Phillip Horne, President of the Foundation of Renewal for Eastern North Carolina, said, “We could not convene the Sandy Point charrette without the active support of local leaders. It is our belief that forward movement on the project will be a sign of hope and send a signal to the people of Edenton and Chowan County that their future will be even brighter.”

The Fund for Sandy Point North Carolina, LLC (a North Carolina limited liability company and the wholly owned subsidiary of The Fund for New Urbanism, LLC) is acquiring the tract, known as Sandy Point, with the guidance and assistance of FoR ENC. Sandy Point is a 927-acre tract abutting the north shore of Albemarle Sound, eight miles east of Edenton, North Carolina. The Sandy Point development will include primary and vacation housing, neighborhood retail establishments, and areas for boating and recreation.

The Sandy Point charrette will include presentations on residential, commercial and recreational design and development options. In addition, the charrette will feature discussions on public works, infrastructure and transportation requirements. Public sessions are scheduled throughout the charrette period to maximize the opportunity for participation by the region’s citizens. In addition to architects and developers representing the project leaders, state and local government officials will be in attendance, as will the Executive Board of Directors of the Foundation of Renewal for Eastern North Carolina.

The Fund for New Urbanism, LLC, is a land development company organized around the architectural and land planning firm of Duany Plater-Zyberk & Co. (“DPZ”), of Miami, Florida. The mission of the Fund is the development of real estate projects exemplifying New Urban practices in communities seeking alternatives to suburban sprawl.

“Our evaluation of the market for a Smart Growth, mixed-use New Urban development at Sandy Point has been very encouraging,” said Mr. Young. “A successful development at Sandy Point will contribute positively to the economic and cultural future of Chowan County and, certainly, to the renewal of eastern North Carolina. The Sandy Point development will complement the exquisite, historic community of Edenton and enhance the appeal of Chowan County and the upper Albemarle region as a travel destination.”

“FoR ENC was instrumental in identifying and evaluating prospective sites and partners for the Fund for New Urbanism in eastern North Carolina,” said Andres Duany, architect and founding principal of Duany Plater-Zyberk. “Our friend Alan Talansky, a recent Miami transplant to eastern Carolina, identified FoR ENC,” continued Sam Young. “He assured us—and we have found—that FoR ENC has the vision and entrepreneurial spirit to make things happen. The collaboration between the Fund for New Urbanism and FoR ENC emphasizes a novel and exciting approach for stimulating regional entrepreneurship. Our community in Chowan County will become a tool in the hands of FoR ENC to attract ‘knowledge workers,’ those who create and grow new businesses.”

“The Sandy Point project will prove that job creation and traditional economic development strategies are enhanced by the application of progressive ideas about land use planning in non-urban environments,” stated Phillip Horne. “Every region that ranks high in its ability to attract and retain knowledge workers also ranks high in access to amenities—natural, recreational and lifestyle amenities—that are the trademark assets of eastern North Carolina.”

“Edenton and Chowan County were among the eastern North Carolina communities affected by Hurricane Isabel,” Mr. Horne continued. “It is, therefore, of even greater importance that the Sandy Point development project continue at this time, as the town, county and the region at large have a fresh need for a broad, far-reaching, positive impact to their economies.