Orange County NC Website
8 <br /> 1 construction will begin as soon as asphalt plants begin working this spring. Work on the west <br /> 2 side of Churton Street could begin as soon as May and will start at Tryon Street, working south <br /> 3 to Nash and Kollock Street. Work will progress block by block to limit disruptions to merchants <br /> 4 and traffic. Resurfacing of the street is expected in either fall 2015 or early 2016, which is when <br /> 5 the stamped crosswalks will be installed and work complete. <br /> 6 <br /> 7 Waterstone —About 50 active permits for houses and townhomes have been issued. The <br /> 8 apartment complex should begin construction in the next few months. The developer is <br /> 9 finalizing the dedication paperwork for Cates Creek Park and Cates Creek Parkway. The town <br /> 10 is not aware of any contracts on other tracts. South Churton & Cornelius Streets — No specific <br /> 11 development activity. The town is applying for a technical assistance grant from an economic <br /> 12 development firm to assist in the implementation of the Cornelius Street Plan (also see Item 3-c <br /> 13 below). <br /> 14 <br /> 15 Affordable Housing —Two Town Commissioners and two Town Planning Board members are <br /> 16 working with staff to develop a local policy to strengthen and formalize the mandated <br /> 17 "conversation" about affordable housing during the Special Use Permit process. <br /> 18 <br /> 19 Margaret Hauth said they are wading in cautiously and carefully as a process for <br /> 20 affordable housing is developed for Hillsborough. <br /> 21 Commissioner Jacobs mentioned the 1000 housing units that are coming on line and <br /> 22 asked for comment regarding a potential additional 700 housing units being considered on the <br /> 23 Collins property. He asked if part of Town's strategy was to be overrun. <br /> 24 Margaret Hauth said the land is in their jurisdiction and is primed for development. She <br /> 25 said Caruso Homes has expressed interest in the Collins property. She said the company has <br /> 26 been encouraged to hold a neighborhood meeting prior to submitting a proposal, and that is <br /> 27 scheduled for next week. She said if an application is received, it will be shared with the County <br /> 28 for review and comments. She said the environmental and economic impact studies have not <br /> 29 yet been done, as more information is needed. She said it is understood that this project will be <br /> 30 a mixed use development over 137 acres. <br /> 31 Commissioner Jacobs said the Collins property would be a great opportunity for <br /> 32 economic development. He said it could make up for the lost opportunity of economic <br /> 33 development at Waterstone. He said he would hope that the Town would be cautious in <br /> 34 entertaining this housing proposal. <br /> 35 Eric Hallman said the Town is being cautious, and this is not sprawl. He said there has <br /> 36 been a lull while they tried to refine their UDO and better understand growth. <br /> 37 Mayor Stevens said caution is well placed. He said the Town is looking for both <br /> 38 residential and commercial opportunities. <br /> 39 Eric Hallman said for years it has been explained that without the residential component, <br /> 40 commercial aspects could not be attracted. <br /> 41 <br /> 42 d.) County and Town Tourism Activities Updates <br /> 43 Visitor's Bureau Director, Laurie Paolicelli, said that Hillsborough is enjoying a great deal <br /> 44 of positive press in the realm of tourism. She said most visitors come for a day, and this trend <br /> 45 is mostly due to the lack of local hotel rooms. She distributed a hand out on the Bureau's <br /> 46 activities. <br /> 47 Laurie Paolicelli said in February 2015, the Bureau made a presentation to the Chamber <br /> 48 of Commerce. She said the Chamber of Commerce requested to know how the 1,623 hotel <br /> 49 rooms in Orange County, and the 1,000 hotel rooms in the pipeline in Durham, impacted the <br /> 50 economy in Hillsborough. She commented on AirBnB and their negative impact. She said the <br />