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52 <br /> &7e/ton 3ation <br /> n h _ <br /> -m — <br /> TP <br /> Residential Building <br /> PROJECT DESCRIPTION: A mixed use development located at 410 North Greensboro on 2.64 acres <br /> of land with 22,716 sq ft of commercial space, and 94 1 and 2 bedroom apartment units including <br /> 19 affordable units. <br /> CURRENT STATUS: The commercial portion of the building is now 80% occupied with UNC Horizons <br /> and Figure Eight Films as tenants. The remaining retail is currently under negotiations. <br /> Residential units are under construction with an estimated completion date of December 18/January <br /> 19—Pre-Leasing activities for apartments will start very soon. <br /> PROJECT BACKGROUND: Conditional use permit plans in accordance with the B-1(g) conditional zoning <br /> district approved by the Board of Aldermen was granted (with conditions) on April 2, 2013. <br /> ESTIMATED TAX VALUE: Residential Units $11,000,000 <br /> ACTUAL TAX VALUE: Commercial $3,042,700 <br />