Village Plaza Apartments
The Town of Chapel Hill has approved Vilage Plaza Apartments, the first development proposed under the new form-based code implemented in the Ephesus-Fordham District.
Village Plaza Apartments will be constructed on the vacant site located between the Whole Foods shopping center and the ABC Store on South Elliot Rd. The development will bring 265 apartments, ground-floor retail space, a parking deck, greenway improvements, and roadway improvements. Rent for a 1-bedroom apartment will be approximately $1,150/month while a 2-bedroom apartment will rent for about $1,600/month.
Full information about the approval and the development is available on the Town's website here.
At its meeting last night, the Chapel Hill Town Council voted unanimously to approve three developments: the Graduate, an apartment complex targeted to graduate students to be located behind the Franklin Hotel between Mallette and Kenan Streets; the Courtyards of Homestead, an age-restricted, single-family home development to be built off of Homestead Road; and New Life Fellowship, a church to be built between Sage and Weaver Dairy Roads.
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