Bi-Part Development | Lake Norman, North Carolina

We build in the towns we live in.

Bi-Part Development plans, builds and operates across the Lake Norman region: homes, senior living, retail, industrial space and the places people gather in between. Every project we have underway is listed on this page, with its stage shown plainly.

What's underway, and where it stands.

We are a locally held development company working almost entirely inside a twenty-minute drive of our own front doors. Cornelius, Huntersville, Davidson and the towns around them are where we live, where our children go to school, and where every project on this page is going up.

That proximity sets the standard. A project that works on a spreadsheet but not on the street it sits on is a project we have to drive past every day. So we publish the whole portfolio in one place (what it is, where it is, and how far along it actually is) rather than showing only the parts that are finished.

Our work spans residential neighborhoods, senior living, neighborhood retail, flexible industrial space, hospitality and food and beverage. Different sectors, one region, one set of neighbors.

XX
Years developing in the region
11
Projects and brands
$XXX M
Invested across Lake Norman

Where we build, at a glance.

Every active Bi-Part Development project on one map, from the north end of Huntersville down through Cornelius and Davidson.

Map of the Huntersville, Cornelius and Davidson area showing where Bi-Part Development projects are located

Our projects.

Eleven projects and brands, listed in no particular order of importance. Each entry carries the same three facts (location, sector and stage) so the portfolio can be read straight through without hunting for what has been left out.

01
Friends sharing burgers and drinks at a restaurant table

Foodies — Taste of America

A regional food hall bringing a rotating roster of American kitchens together under one roof.

  • Location11816 Sam Furr Road, Huntersville, NC 28078
  • SectorFood & beverage
  • StageIn planning
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02
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Northbrook Village

Three buildings of retail and office space, more than 22,000 square feet, with patio space.

  • Location23331 Maple Branch Dr, Huntersville, NC 28078
  • SectorRetail & office
  • StageIn planning
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03
Reese Finley Luxury Homes logo

Reese Finley Homes

Single-family homes built on infill lots and matched to the scale of the streets they sit on.

  • LocationTown, NC
  • SectorResidential
  • StageUnder construction
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04
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Averi Lauren Estates

A small estate community planned around preserved tree cover and shared open space.

  • LocationHuntersville, NC 28078
  • SectorResidential
  • StageIn planning
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05
Aerial rendering of Cornelius Inn

Cornelius Inn

A boutique inn planned on Sam Furr Road, sized for visitors who want to stay close to the lake towns.

  • Location13131 Sam Furr Road, Huntersville, NC 28078
  • SectorHospitality
  • StageIn planning
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06

FlexTor Warehouse

Climate-controlled, racked private storage on Highway 73. Units from 200 to 2,000 square feet at one fixed annual rate.

  • Location11400 Sam Furr Road, Huntersville, NC 28078
  • SectorIndustrial
  • StageIn planning
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07
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Saylor's Way

Twenty-five courtyard homes coming to Lagoona Bay, a short walk from the beach and sports club.

  • Location13021 McCord Rd, Huntersville, NC 28078
  • SectorResidential
  • StageIn planning
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08
Lounge and bar inside the Symphony Park clubhouse

Symphony Park

Luxury independent living for seniors: 240 one- and two-bedroom suites on 20 landscaped acres, with three dining venues and a concierge.

  • Location12221 Sam Furr Rd, Huntersville, NC 28078
  • SectorSenior living
  • StageOperating
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09
Aerial view of the Bailey's Glen clubhouse, pool and pickleball courts

Bailey's Glen

An active adult community in Cornelius with ranch-style homes, three clubhouses, three pools, five pickleball courts and on-site activity directors.

  • Location13002 Hazelbrook Lane, Cornelius, NC 28031
  • SectorResidential
  • StageOperating
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10
Rendering of The Adrian residences with terrace pool

The Adrian

Waterfront residences in Davidson, built to the scale of the shoreline around them.

  • Location589 Portside Dr, Davidson, NC 28036
  • SectorResidential
  • StageOperating
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11
Child swimming underwater with goggles

Lagoona Bay

A 16-acre beach and sports club: surf pool, swim lanes, racket sports, a lazy river and slide, and a large clubhouse with co-working space.

  • LocationMcCord Road, Huntersville, NC 28078
  • SectorRecreation
  • StageUnder construction
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The people behind the portfolio.

Bi-Part Development is small on purpose. The people who sign the plans are the people who answer the phone, sit through the hearings and walk the sites. If you have a question about something on this page, one of them will be the one who answers it.

Jake Palillo, Sr.

Principal

Leads acquisition, entitlement and project delivery across the portfolio. Has spent his career developing in the Lake Norman towns and handles most of the public-meeting work himself.

jpalillo@aol.com

Jake Palillo, Jr.

Principal

Works alongside the firm's founding principal on development and operations across the portfolio, from early planning through finished, occupied buildings.

jakepalillo@yahoo.com
Bi-Part Development

A locally held development company building across Cornelius, Huntersville,
Davidson and the wider Lake Norman region of North Carolina.

© 2026 Bi-Part Development. All rights reserved.