Carrboro elected leaders could vote on the proposal to develop the roughly 35.5-acre Lloyd Farm property on Tuesday night.

A plan for the property at the corner of Old Fayetteville Road and NC 54 was initially voted down by a 5-2 margin in December 2016 after years of going through the development process. The developer and the adjacent property owners had gone through mediation over differences of opinion on the impact future development of the property could have on the surrounding area. A revised plan was submitted to the town earlier this year and a public hearing was held in September.

The initial project drew concerns of lacking density and fitting in more with a suburban model than a downtown location. Residents whose homes would neighbor the property also brought concerns about stormwater in the already flood-prone area and traffic increases due to the project.

Some elements of the new proposal remain the same from the previous version. The plan still calls for a grocery store-anchored development with buildings for office space, retail and restaurants. There would also still be a residential development aimed at residents 55 years old and older. Approximately four acres of the property would be donated to the town for its use.

The new proposal calls for an extended event lawn, which will include an area for an amphitheater.

Carrboro’s meeting is scheduled for 7:30 p.m. Tuesday. Carrboro Town Hall is being used as an early voting location, so the meeting will be held at the OWASA Community Room.