The Carrboro Board of Aldermen voted 5-2 in December 2016 to reject a proposal to develop the approximately 40-acre Lloyd Farm property.

A revised proposal has now been submitted hoping to win the favor of the board.

That initial vote came five years after the project was initially proposed. The developer and the property owners adjacent to the property at the corner of Old Fayetteville Road and NC 54 had gone through mediation over differences of opinion on the impact on the surrounding area depending on the future of the property.

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.

The board held a work session last May where the town and property owners discussed whether tweaks could be made to the previous plan and gain support from the board.

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.

The Board of Aldermen will hold a meeting Tuesday night where they are scheduled to set a public hearing on the new proposal for next month. Tonight’s meeting is scheduled for 7:30 at Carrboro Town Hall.

Photo via Town of Carrboro