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Orange County: Buckhorn Village <br />Project Overview <br />Buckhorn Village is a proposed 130-acre mixed-use development at the Buckhorn Road <br />interchange on I-85/I-40 in Orange County. The proposed development will be located in a <br />designated economic development zone and its mixed-uses include an anchor retail <br />establishment, restaurants (15), hotels (2), and additional retail shops (55 - 65) totaling <br />approximately 1.14 million square feet of commercial space. Once fully development, Buckhorn <br />Village will employ an estimated 1,133 people. Construction of the proposed development is <br />planned to begin in 2009. <br />At this time the site is not located within a municipality; however, it is within the <br />probably annexation area of the City of Mebane, primarily located in Alamance County. The <br />City of Mebane and Orange County have a 2004 agreement that suggests that the City annex the <br />site within one year of initiation of construction or by separate agreement. This agreement also <br />specifies that Mebane will serve the site with water and wastewater service. Other utilities will <br />be provided by private entities, or in the case of electricity, by an investor owned or cooperative <br />power supplier. <br />Economic and demographic data cited in this report was obtained from multiple sources. <br />Data on the Buckhorn Village development was provided by project developers, East West <br />Partners. Other information was gathered from public and private research sources. The <br />consulting team reviewed "Economic Impact of Buckhorn Village, Orange County, NC," <br />developed by Zakia Barnes, a University of North Carolina graduate student for the Chapel Hill <br />Chamber of Commerce, and "The Cost of Community Services in Orange County," developed by <br />NC State University for background information. <br />Sanford Holshouser 5 <br />