||A North Carolina 501C3 Educational Nonprofit Archive Documenting, Preserving, and Promoting Residential Modernist Architecture|
Enjoy browsing, but unless otherwise noted, these houses are private property and closed to the public -- so don't go tromping around uninvited.
JAMES PAUL (J. P.) GOFORTH (1940-1990)
JP came to Chapel Hill in 1968 to attend UNC. He was from a poor farm family that lived near Statesville, NC. As an undergraduate he began working as a real estate salesman to help pay his way through school. By the time he entered the School of Law at UNC in 1973, he had already started Security Building Company. In 1976 he formed Goforth Properties to develop subdivisions. A partial list of local neighborhoods he created include Stoneridge, Village West, Ironwoods, Falconbridge, Northwood, Oaks II, Sedgefield and Coker Hills. By the early 1980’s, JP owned Triangle Millwork, Chapel Hill Grading, Boyce Supply and Chapel Hill Electric, all of which supported the building trade. At one time his companies employed more than 150 people. JP seemed to have the Midas touch and weathered the 1980 and 1983 recession better than his peers.
JP was a master businessman, but because of complications from kidney surgery, he was no longer able to dedicate himself fully to his business. His cash flow was now well below what he needed to pay his suppliers and employees. He worked to liquidate assets to slowly pay off the debt but not fast enough. Being ill for some time limited the speed in which he normally worked and he also miscalculated the severity of the real estate downturn.
The Orange County District Attorney began to investigate his business since there was a concern he was bouncing checks and not paying his sales team commissions. Some investors because of his health encouraged him to take out a $12.5 million life insurance policy. While the lawyers tried to figure it all out, Goforth folded, selling his dream to businessman and philanthropist Frank H. Kenan in the fall of 1989. In spring of 1990, still in financial ruin, Goforth tragically took his life.
There are many examples of his houses here.
Documentary on Goforth, with recollections by former employees Tom Heffner, John Couch, Leon Meyers, and Jim Craig.
Sources include: The Rise and Fall of Chapel Hill’s JP Goforth, Chapel Hill Memories, April 15, 2011.
Sources include: John Couch, Jim Craig, Tom Heffner, Leon Meyers, Jill Ridky-Blackburn.