Carrboro residents may remember more than eight years ago when a group of anarchists took over an abandoned lot on North Greensboro Street during the height of the Occupy Wall Street movement. Before then, the site was the center of community controversy when nearby neighbors contested the land being rezoned for the development of a new drug store.
Now, according to a report from the Triangle Business Journal, a Chapel Hill-based development company that’s been coveting the property is now looking to turn it into a usable site.
Beacon Properties Group has reportedly filed plans for a three-story building at 201 North Greensboro Street. The project, which would be a mixed-use development, would turn the half-acre site at the corner of West Weaver Street into a new option for businesses walking distance from the many downtown hubs.
Plans on Beacon Properties’ website show hopes to construct ground-floor restaurant retail space, with office space in the upper two floors. Each projected floor space would be approximately 5,395 square feet.
According to Triangle Business Journal, the Chapel Hill company plans to begin construction by the mid-2021 with goals to have the site completed by 2022. The company has submitted its conditional use permit for the project and plans to work with an external leasing group.
Photo via Beacon Properties Group.
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