Cary's Fight Against Low-Cost Housing is Over
Posted October 28, 1997 12:00 a.m. EST
CARY — The planned development of low-cost apartments in an affluent Cary neighborhood is dead. The project had its corporate financial rug pulled out from under it Tuesday afternoon. That's exactly what neighbors living in the Weatherstone Sub-Division wanted to see happen.
Carolina Power and Light has been working on the project since January, but a lot of opposition from neighbors has prompted the electric company to pull the plug on the Cardiff Park apartment complex.
"At this time, because of the counter-response we are getting from the community at large, it is not in the best interest of CP&L or Cary to make this investment," says CP&L representative Don Dixon.
The 230 unit complex would have sat across from the Weatherstone subdivision. About 40% of the apartments would have had below-market rates to renters with qualifying income.
Project opponents expressed relief about the decision knowing their concerns about school overcrowding and home values in Weatherstone.
Resident Joe Thomas believes it's important that the community realize that if you don't want something in your backyard because it's going to affect your community and your family, it's important to do something about it.
Opponents also say they applaud CP&L for keeping its word on the whole thing. All along CP&L has said if the project wasn't right for Cary, it would get out of it.
Right now, it's back to the drawing board for the power company. CP&L says it will search for other sites for the project, but as of Tuesday, nothing new was on the horizon.