If you’ve been around the corner of MLK and Weaver Dairy recently, you’ve probably noticed a lot of construction activity – and what you’re seeing now is only the beginning.
Several construction projects are either ongoing or in the pipeline for that area of Chapel Hill – beginning with Charterwood, on the west side of MLK just south of Weaver Dairy.
“It’s a 14-acre site (with) quite a bit of activity underway,” says Bill Christian, the developer who initially proposed Charterwood to the town of Chapel Hill. “They’re now building 154 (residential) units and 18,000 square feet of retail – and it looks like they’ll have the first two buildings ready for leasing by the middle of next year.”
Christian says “they” instead of “I” because Charterwood is no longer his project: Christian sold most of the site to Zimmer Development back in 2013. (Nor is it technically called “Charterwood” anymore: Christian says it’s now been renamed “Resolve 1701.”)
Christian himself still owns about five acres just to the south, which he plans to develop as well. (No official plan yet, but he says it’ll likely be about 48,000 combined square feet of office space, retail space and residential units.)
Meanwhile across the street, East West Partners (of Obey Creek fame) is about to get underway on another commercial project called Weaver Crossing.
“We’ve started site work there (and) we’re hoping to get our building permit any day,” says developer Lee Perry. “This will be a new Walgreens and a new 25,000-square foot UNC Health Care-leased building on the corner.”
Perry says if all goes well, they’ll have those two buildings done by the middle of next summer.
And that’s not all: also on MLK just north of Weaver Dairy, another developer, Northwood Ravin, is moving forward on another mixed-use project called Carraway Village – formerly known as The Edge.
“There’s still some pieces coming together (and) we’re trying to unlock the potential of it,” says Jeff Furman of Northwood Ravin. “We are negotiating with retailers and very excited about that project.”
The Edge, or Carraway Village, will be located on Eubanks Road between MLK and I-40 – pending the development process, of course.
And while all those larger projects are still in the works, you might also have noticed big changes at the already-existing development near MLK and Weaver Dairy: a major facelift at the Timberlyne shopping center, plus a new Goodwill out in front.
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