Downtown development was a focus for the Town Council Aug. 15. For more flexibility and control as downtown development occurs, the council approved assuming maintenance responsibility from the state for portions of Main Street and Avent Ferry Road. It also approved a downtown investment agreement for a long-time business that is expanding.
The council’s authorization to adopt more than a mile of Main Street and .67 miles of Avent Ferry Road comes with downtown development on the horizon – including the Holly Springs Town Commons project between Avent Ferry Road and Main Street, south of Ballentine Street. Construction is planned for late 2018.
By assuming maintenance responsibility from the N.C. Department of Transportation, the town gains authority to set speed limits, control closings during festivals, and more easily coordinate construction projects along the roadways.
The agreement with NCDOT covers Main Street from Holly Springs Road to N.C. 55 Bypass and Avent Ferry Road from Center Street to the bypass. It does not change NCDOT authority on the west side of N.C. 55.
The council also approved a downtown development investment agreement with 919 Marketing business owner David Chapman for property located off Avent Ferry Road where a new 3,735 square foot commercial building is proposed. The town is to reimburse up to $17,000 in town development fees and up to $12,000 in public infrastructure improvements associated with the project.
The council approved a 20 percent fee reimbursement to New Hill Apartments, which will be the town’s first National Green Building Standard certified multifamily community. The development is to achieve high efficiency performance in site design, water, energy and more. The project includes 12 buildings, a clubhouse and swimming pool, garage buildings, and storage units.
The council adopted a resolution stating that no rezoning petitions in the Southern Area Planning Initiative boundary will be brought to the council until the study's findings are presented and accepted by the council.
Staff updated the council on the opening of the Main Street Extension project and reported on Federal Emergency Management Act reimbursements for Hurricane Matthew’s damage at Bass Lake Park. The federal agency is reviewing needed repairs to the stream channel. Once the scope of the repairs is established, repair to the channel and parking lot will be scheduled.