Growth & Development

From the Town of Chapel Hill's press release:

The Town of Chapel Hill has received an application from Cousins Properties Inc.for a Zoning Atlas Amendment and Special Use Permit for the 123 West Franklin Mixed Use Development (File No. 9788-26-8572).

A public information meeting will be held at 5:15 p.m. Thursday, Sept. 8, in the Council Chamber of Chapel Hill Town Hall, 405 Martin Luther King Jr. Blvd.

The applications propose the following:

• Rezone University Square, a 6.15-acre part of an 11.9-acre parcel, from Town Center-2 to Town Center-3; 
• Construction in 2 phases to include: 275,000 s.f. of office space, 90,000 s.f. of flexible use space, 40,000 s.f. of retail and restaurant space, 150 apartments, and 38,000 s.f. of green space; and 
• Parking for 1,000 vehicles above and below grade.

For more information call the Planning Department at 919-968-2728 or visit gis.townofchapelhill.org/developments/report/