Agenda - 06-26-1996 - IX-B - Laserfiche WebLink

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23 2 The site is extremely suitable for multi-family housing, having moderate income multi- family development on three sides, open rural landscape on the fourth side, and an abundance of retail services, health services, and government services close by. The site is very beautful, and that beauty will be preserved, with 51 % of the site remaining as open space including an extensive undisturbed buffer of natural vegetation surrounding the apartment building. The site is on two bus routes of the Chapel Hill Transit System, which can carry Carolina Spring's residents into downtown Carrboro and Chapel Hill or directly to the University of North Carolina Medical Center complex. The Transit System also provides "E-Z Rider" service for the convenience of seniors or handicapped directly to a specific destination. The site is within walking distance ( 1000 feet ) to the north to Carrboro Plaza Shopping Mall, which provides a supermarket, general merchandise store, bedding store, lighting store, dry cleaning, drivers license center, dentist, chiropractor, cable TV provider, eyecare store, a variety of restaurants, and a retail branch bank. Just across the road from Carrboro Plaza is a new U.S. Post Office and a gas station To the south on the N.C. Highway 54 Bypass one half mile is the Willow Creek Shopping Center, which provides a supermarket, drugstore, general practice medicine, dentist, travel service, video rental, and a variety of restaurants. By automobile or by Transit System east around the Highway 54 Bypass are: - UNC Hospitals - 4 miles. - University Mall - 6 miles. - N.C. Botanical Garden - 4 miles. - Friday Center - 6 miles - with FREE university classes for senior citizens. To the west side of the site is rural area and farm houses, preserved under the Town's watershed protection zoning for University Lake, which is one mile south of the Carolina Spring site provides public boating and fishing. The peaceful and pastoral setting is extremely suitable for an affordable seniors community. DISTRIBUTION OF LOW INCOME RENTAL UNITS IN THE COMMUNITY The distribution of low income housing in the Carrboro / Chapel Hill community does not serve low income households very well at this time . Much of the older single family housing stock which in most communities would serve low income households has been "gentrified" by higher income households. Carrboro's housing stock was fairly small to begin with, until University-related growth began to spawn subdivisions in the 1960's, and exploded with single-family and multi-family communities in the 1980's, none of which serve low income households.