After the Obey Creek development failed to find retailers to fill its mixed-use project in 2015, a new development may be slated to take its place. The South Creek development is proposing more than six hundred townhomes and condos in the space across from Southern Village.
At the beginning of May, the Town of Chapel Hill’s Economic Sustainability Committee heard a presentation for a potential luxury housing development for residents 55 and older. The proposed South Creek development would replace the previously approved Obey Creek Project.
Developer Roger Perry has been waiting on approval for Obey Creek for six years. And Monday night, he finally got his payday. The Town Council voted seven to one in favor of an agreement that would allow a 1.5...
Ben Perry, finance director of the development company East West Partners, proposed that 15 percent of the for-sale units and 5 percent of the rentals be designated as affordable housing.
Much of Friday afternoon’s special meeting of the Chapel Hill Town Council was taken up with discussion of changing traffic patterns on 15-501, if the town were to approve the Obey Creek development.
The Chapel Hill Town Council is considering options for redeveloping the park-and-ride lot at Southern Village. The council hired a consultant to help plan the future of the town-owned 8.5-acre lot.