A proposed East Rosemary Street Redevelopment Project is the topic of a public information meeting set for 6 p.m. Thursday, Feb. 27, at Top of the Hill, 100 E. Franklin St.
The meeting is being held by the Town of Chapel Hill, in conjunction with Grubb Properties. The public is invited to attend and hear concepts for a proposed redevelopment project on East Rosemary Street.
The proposal involves construction of a 1,100-space parking deck and an office building with web lab space, bringing an estimated $50 million investment and 800 jobs. UNC-Chapel Hill is exploring the possibility of joining the envisioned Innovation Hub.
The project is expected to attract new entrepreneurs and retain local businesses. Development of office space has remained stagnant for over a decade in Chapel Hill. Additional community benefits include increased centralized parking, new greenspaces, improved bike and pedestrian connections, and downtown jobs to support our restaurant and retail businesses.
The public information meeting will take place at the Top of the Hill’s Great Room, the entrance of which is off Franklin Street next door to Walgreen's. From the Franklin Street entrance, take one flight of stairs to the Great Room lobby.
The Town Council received a presentation about the project at its Feb. 19 business. Access the agenda item and video at https://bit.ly/38Gafl7