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54 <br /> Old 86 —Light Manufacturing/Flex mace <br /> acpo as541 0 I 1 <br /> ^ Ill 1 1 <br /> r'"^"} l�, :3"/"� h�-J.✓' 14 S'k�s+S� r .f + �t� �l <br /> c �� 9"`. <br /> •� ���.�'""Lk"�ti"Y.���'�7 � a,� f3` '^ < � Z,.'y�y„i� !°}'�SE"y,�r� <br /> PROJECT DESCRIPTION: Located on Old 86 just north of Britton Lane this 22 acre site is owned by <br /> the Town of Carrboro and is being studied for the potential of locating light manufacturing/flex <br /> space. <br /> CURRENT STATUS: Staff is continuing to study a concept plan and to develop a joint planning <br /> process with Orange County to consider rezoning the property to allow light manufacturing/flex <br /> space. Estimated timeframe for a joint public hearing with Orange County is October 2019. <br /> PROJECT BACKGROUND: The Board of Aldermen directed staff to identify opportunities to lift barriers <br /> to create light manufacturing opportunities. Availability and cost of land is a limiting factor affecting <br /> commercial development and the town's ability to attract or retain light manufacturing companies. <br /> Town owned property, located approximately one mile north of Calvander was originally purchased by <br /> the town in 2001 for $767,000 and was intended for a new public works facility. The town has now <br /> determined that this location is no longer needed for that purpose, therefore staff has begun studying <br /> the property for commercial development potential. Preliminary study reveals a building program of <br /> approximately 90,000 square feet of warehouse/flex commercial space is possible. <br /> The 22 acre parcel is currently zoned RR, Rural Residential. The property could be rezoned to an <br /> Office/Assembly district which would allow for light manufacturing low impact commercial uses that <br /> generate little or no customer trips. A survey of the business community and discussions with County <br /> Economic Development staff suggested possible uses are small scale manufacturing i.e. furniture, <br />