Good news for commuters in downtown Holly Springs: Avent Ferry Road has reopened between Ballentine and Elm streets. The project is part of the partnership between the town and private investors to shape downtown Holly Springs into a vibrant town center.
Alongside town-funded projects, the Town Hall Commons building has launched with 45,000 square feet of restaurant, retail and office space. Meanwhile, construction is gaining momentum on The Block on Main, a three-story building bringing an additional 52,530 square feet of space downtown.
The group of projects:
- adds about 35 businesses (with an additional 60 businesses in expanded Coworking Station space)
- creates about 500 jobs
- makes an $85.7 million economic impact to the town during the first year of operations and construction and, following that, has an annual $49.7 million economic impact. (Over 20 years, the group of projects is projected to generate $1 billion in regional economic impact.)
The reopened portion of Avent Ferry Road had been closed to allow for downtown construction, including a two-level parking deck and additional on-street parking spaces. The lower level of the parking deck and the new parking lot on Avent Ferry Road are anticipated to open in the coming weeks, along with the complete Rogers street opening, from Grigsby Avenue, across South Main Street to Avent Ferry Road.
As part of downtown development, one block of West Ballentine Street was converted to a one-way street flowing from Avent Ferry Road to Main Street. A traffic signal is planned for the intersection of Main and Ballentine streets. Delivery and installation of the signal poles are anticipated late this year. This portion of the project was delayed in part due to flooding in the Midwest at the signal pole manufacturing facility.
Click here for more information about downtown development.