74 / 125
73
│
Town Center Plan
January 2007
Appendix 3
The Town Centers Field Trip began at Town Hall on Friday, July 7, 2006. The group traveled by
bus to Carolina Café in Meadowmont for a quick box lunch. Highlights of each stop:
Meadowmont
x
Group visited Meadowmont Realty and was met by Clarence Lupton, Sales Associate
x
Almost all phases of Meadowmont are sold out
x
Re-sales in the neighborhood are strong. Prices start in the $400s and top $1M
x
Demand outstrips supply of 24 condominiums on the upper-stories of buildings in the
Town Center
x
Might have done lofts instead for more units
x
Vacancy in Meadowmont’s Town Center has been impacted by Streets at South Point
x
The group also met with Kay Pearlstein, Senior Planner with the Town of Chapel Hill
x
Affordable housing located close to Town Center
x
Retail businesses are a mix of restaurants, essential services, and specialty shops
x
Managed like a mall
Southern Village
x
Jim Earnhardt of Bryan Properties, Inc., the developer of Southern Village met the group
x
Earnhardt was the project manager for this development and lives there today
x
Parents that drop kids in neighborhood for amusement
x
Early buildings not as successful, later buildings more flexible, look better
x
Many families locate in Southern Village; elementary school is at capacity
x
Village Green is too big; trees planted at perimeter help correct scale of space and create
better sense of containment
x
Grocery in the neighborhood is a local cooperative
x
Movie theater is catalyst for night life in the Village Center
x
Retail businesses are a mix of restaurants, essential services, and specialty shops
x
About 70% of students at enrolled at neighborhood elementary school, Mary Scroggs, live in
Southern Village
Downtown Apex
x
Group was guided by David Rowland, Town of Apex Planning Director
x
Vacancy of about 50% when revitalization efforts started 20 years ago
x
Typical vacancy today is 5 – 10%
x
Apex is loca ed in White Oak Township, efforts were made to preserve mature White O k
trees in the Downtown area
Town Centers Field Trip
Summary