Our History

Pace Development was founded as a family business by R. Stephen Pace in 1979. On his first project, a 26-home site located in an east Charlotte neighborhood named Elwood, Pace drove a tandem truck to help haul dirt during the grading of the first home sites. Throughout the years, our typical project grew to encompass well over 2000 homes and offer a myriad of amenities, helping create some of the region's finest communities. Today, we continue to develop both commercial and residential projects, and also serve individual property owners with construction management and custom home building services.

In 1994, Pace Development Group was incorporated and welcomed Stephen's son, Brian Pace to its ranks. Brian came with a background of engineering and commercial construction experience having previously worked with national builder, Centex Construction. He also came with a civil engineering background and a general contracting license, allowing Pace to expand it's scope to construction management and home building. 

Pace understands family commitment and have great respect for the history of our area. We are proud of our roots as a family owned and operated business, and we are committed to serving our community through various industry, municipal, charitable and civic organizations.

Credentials and Awards

While we have received a plethora of accolades and awards, the real proof of our excellence is seen in the communities we have created. That said, the following is a sampling of industry recognition and our credentials.




Industry Involvement:                

Community Involvement:                 

Our Team

From its inception, Pace Development has recruited the best possible team of employees to help accomplish its corporate goals and mission.  Experienced project managers and administrative and accounting professionals are at the core of our operation.

Stephen Pace, Founder      

Since founding Pace Development Group in 1979, where he still serves as President, Stephen Pace has become one of the most well respected and accomplished developers in the Charlotte region. He has tirelessly served the industry and the local community in a myriad of advisory and leadership roles.
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Brian Pace, Principal Manager      

Principal, Brian Pace, after receiving a degree in civil engineering from NC State University in 1992, spent over five years working for Centex Construction, then joined forces with his father, Stephen Pace, to form Pace Development Group. This combination of talent represents two generations of home building experience behind the Pace name. 
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David Faulkner, Principal      

Principal David Faulkner has served actively in the construction and engineering industry for twenty years, and has worked with Pace Development Group since 2000. He has a degree in Civil Engineering from NC State University, and has served as a project manager as well as provided engineering support for a variety of residential and multi-family projects.
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Eric Smith, Principal     

Principal Eric Smith graduated with an Economics degree from the University of North Carolina at Chapel Hill. He has worked in the environmental services/remediation, site development and land acquisition and development industry for twenty-five years. He joined Pace Development in 2014.
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Susan Foster, Land Development Manager

Land Development Manger Susan Foster joined Pace in 2015 with thirty years of experience in residential development, a general contracting license, and a civil engineering degree from UNC-Charlotte.
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Bill Bondurant, Project Manager 

Bill Bondurant, project manager, joined Pace in 2013 with years of experience leading the Production, Operations and Sales teams of several Charlotte-area construction companies. Raised in a small town west of Charlotte, he is a graduate of UNC-Chapel Hill.
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Charlie Fonville, Project Manager  

Charlie Fonville comes to Pace with 20 years of business development and operational experience. He previously managed multiple, high-end residential projects, and has owned businesses in the fields of development, new construction, and renovation.
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