Local News

Developers Unveil Plans For Downtown Fayetteville

Posted January 19, 2005 9:44 a.m. EST

— A group of developers has big plans for downtown Fayetteville. The only problem is they need money.

Developers want to turn a lot along Hay Street into 50 housing units, and roughly 9,000 square feet of retail space.

Developers expect the project to cost about $14 million.

They are asking the city to donate the land and pitch in $1.8 million.