I felt the first round of rezoning drama was very high the first round but I’m just not hearing much about the second round case, Z-34-25, which goes to city council on January 6. Should we get a group together and show up in support?
This is from the Dec 2 council meeting:
This request proposes four different zoning districts across nine properties, or portions of property, at North Hills west of Six Forks Road. The request would allow for increased building height ranging from 12 stories to 37 stories while limiting overall development intensity to that which could be achieved under current zoning.
The Planning Commission recommends approval (7-1). Commissioner Omokaiye was opposed.
Probably that they could build x amount of square footage but are building it up instead of out. I’d guess they’re trying to preempt the concern that this rezoning will create more traffic, when anything they build by right will create that much more traffic.
The CC&Rs confirm that the ROFR is at market value. So the windfall is technically to the existing property owners. Though I would add some caveats:
An increase in value is only relative to its value as very low density suburban office land, which is near-worthless in today’s market. So maybe the increase is only back to 2019 levels?
I’m not clear how RTF, as the “HOA,” will govern new development entitlements – it’s not like Greystar can just buy it all for garden apartments. Without a clear understanding of what ultimately could be built, it’ll be tough to justify much higher values.
In terms of residential development, I wonder if the property owners south of NC 54 whose tracts are already close to residential areas will be the first to unload. Similarly, many of the tracts near residential areas along Ellis Rd are owned by ARE who might be rethinking their plans.
Meanwhile, a developer proposes to raze three office buildings at 5601 Six Forks about a mile north of North Hills and build a mid-rise apartment complex. The rather plain buildings are three floors each and date to the early 1980s.
Seems like a trend to replace the less attractive, smaller office space with apartments, where feasible.
I drive by those every day. Looks like their largest tenant was branches of NC DHHS, who have now moved to the new building on Blue Ridge Road. Will be happy to see something a bit newer and more density, but may slow down my daily drive for a few years during construction.
I know it would be decades away, but I would REALLY love to see a BRT proposed from the Iron District up Six Forks to Six Forks/Strickland. I’ll probably retire before that would ever be built.
They look tailor-made for the travesty of architecture known as Lane & Associates family dentists.
Ugly Gross Garish buildings they’re made for each other!
Looks like whoever designed those on six forks has reproduced them in Western Cary. That entire dentist chain is from a design perspective. Maybe they’re great dentists but I’m shallow enough I’ll never darken the doorway of one of their “statement architecture” office locations.
That’s along Falls of Neuse. Sure, FON and Capital were more developed at that time. But look at a 1981 aerial photo and you will find very little on Six Forks (or Creedmoor) north of Lynn.