Hillsborough Street developer scales back plans
Posted December 16, 2013
The plans for the second phase of the development near the intersection of Hillsborough and Morgan streets have been scaled back dramatically, according site plans submitted with the city.
Jim Zanoni, a principal with FMW, last month told Hillsborough Street Citizens Advisory Council members and local residents he has decided to develop only a portion of the two acres intended as Phase II of the planned development in the 1317 block of Hillsborough.
A much smaller, single building will now be known as 1301 Hillsborough and will sit on Hillsborough at the intersection of Ashe Street and Park Avenue. The new building will have up to 40 apartments; a reduction from the planned 160 units covering two structures on 2.5 acres of land.
The building, which will sit on nearly three quarters of an acre, will be residential mixed-use with ground floor retail and with one-, two- and three-bedroom units above.
As a result of the scaled-back building size, Zanoni told the group he was cutting the parking spaces down to 35 from 284. He said he envisions a pedestrian-friendly atmosphere. Leased parking is available at nearby lots for those who want to pay for it; otherwise, he said, there is public bus transportation and, if the city, has its way, future light rail in the area.
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