Have You Noticed? Carraway Village
If you’ve recently driven along Eubanks Road, just west of Martin Luther King Jr Blvd, you probably noticed a few changes – first, Eubanks Road itself has undergone a major upgrade, and the second phase of construction at Carraway Village is underway.
Developer Northwood Ravin says at full buildout, the community could bring between 600,000 and 837,000 square foot mixed-use village, including residential, retail, office and hotel space. The goal is to create a walkable community to enhance northern Chapel Hill.
Phase one of Carraway Village is completed at an estimated $70 million. It includes 403 apartments and 8,800 square feet of first floor retail shops. The apartments are adjacent to the Eubanks Road park-and-ride. The current bus route and loading area line up with the project’s primary road—its Main Street. This “Main Street” bisects the village and tie together future retail phases.
Phase two of the project is now underway, and construction of the first two retail buildings has started. Starbucks and Chick-fil-A are both scheduled to open in early 2020. This section will be a resource to Carraway Village residents, and is expected to also serve as a convenient destination for locals, tourists, and passers-by.
The $4.2 million project to widen Eubanks Road is now complete, and the brand new road section now includes additional lanes in each direction, dedicated bike lanes, sidewalks, and two new traffic signals. The road was completed in early October.
The Carraway Village development (formerly known as The Edge) was approved by the Town of Chapel Hill in 2015 with a stipulation that affordable housing be included in the new community. The developer will seek financing to build 50 affordable apartments.