At a special meeting on Monday, the Chapel Hill Town Council decided to formally move into the negotiaton phase in the development agreement process for Obey Creek, a proposed mixed-use development across from Southern Village on 15-501.
Developer East West Partners presented a revised proposal to Council Monday. While the overall size and mix of the project has not changed, the layout and some design elements have changed. The proposal, as it currently stands, will develop 35 acres and preserve 85 in perpetuity. All buildings will be LEED certified.
The mix of uses is proposed to include 400,000 square feet of retail space, 250,000 square feet of officespace, and 600-700 residential units, including a senior housing component. All parking on the site would be structured except for street parking along streets within the development.
East West Partners also provided a model of the current proposal to help councilmembers and members of the public better understand the scale of development (see photo).
The next steps for Obey Creek include three special meetings for negotiations: November 13th, December 8th, and January 8th.
Here's the full Storify of tweets from the meeting:
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