CHAPEL HILL — Residents will get several chances, starting Wednesday night, to learn about issues at the heart of the Glen Lennox redevelopment project.
Glen Lennox is one of two projects going through the town’s new development agreement process. The town’s first development agreement was with UNC for the future 3 million-square-foot Carolina North campus at Estes Drive Extension and Martin Luther King Jr. Boulevard.
The other development under consideration is the Obey Creek project on U.S. 15-501 South, across from Southern Village.
At Wednesday’s public information meeting, residents can learn about the development agreement drafting process, the existing conditions at Glen Lennox, what could be built there, and the types and locations of buildings.
Future meetings could address connectivity, transportation, stormwater, environment and recreation.
Developer Clay Grubb, with Grubb Properties, been working for several years to put a new face on the decades-old Glen Lennox neighborhood. The area is just east of the UNC campus off N.C. 54.
The first step was a yearlong community discussion, which led to a new Neighborhood Conservation District zoning overlay in 2011. The NCD zone establishes specific design and site conditions that will help preserve the neighborhood’s character.
It also helped the project move more quickly through the first phase of this year’s negotiations. The council signed off on that first phase – determining the project is right for a development agreement – in September.
The development agreement would lay out how the project is built, what it looks like and what changes are needed to ease its impact on traffic, schools and services, among other issues.
Grubb’s team is taking the next steps now, meeting with town staff and a group of consultants to map out details of the redevelopment plan.
Grubb Properties has paid the town $150,000 toward the cost of the consulting experts. Town project manager Jason Damweber said they’ve spent about $35,000 so far and could spend another $100,000 completing the second phase. The developer will be reimbursed for money that isn’t used and charged for any cost overruns, he said.
The town or the developer can stop the negotiations at any time before the agreement is signed. If either rejects the development agreement, Grubb Properties could choose instead to seek a special-use permit and any related rezonings.
Although town staff had planned a final report to the Town Council this year, Damweber said that might not happen until March.