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May 11, 2012

Town, University schedule public information meeting May 22 on development agreement

A public information meeting on the Carolina North Development Agreement will be held at 5:15 p.m. Tuesday, May 22, in the Council Chambers of Town Hall, 405 Martin Luther King Jr. Blvd.

A development agreement for UNC-Chapel Hill's Carolina North Campus was approved in June 2009. It contains guidelines and standards for the development of the first 3 million square feet of a mixed-use research and academic campus on 133 acres. Planning for the first project, the Collaborative Science Building, is under way. The early development at Carolina North will be accessed from Estes Drive Extension and a re-aligned Airport Drive.

The agreement also contains guidelines for the rest of the property that will not be developed in the near future.

The development agreement requires that the Town and University do a periodic assessment of the overall effectiveness of the development agreement. This first assessment must be completed within three years of the agreement, which is June 30, 2012. Town and University staff have prepared the assessment, and it is available at www.townofchapelhill.org/carolinanorth

Town Manager Roger L. Stancil will review the assessment and public input before reporting to the Town Council on his review of the development agreement and its requirements.

Public input is welcome. Comments also may be made at the May 22 meeting or emailed to carolinanorth@townofchapelhill.org. Detailed information is available online at http://www.townofchapelhill.org/index.aspx?page=900 and http://carolinanorth.unc.edu/. To be added to a mailing list to receive regular updates about the Carolina North development agreement, please contact info@townofchapelhill.org

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 Welcome

Carolina North is a research and mixed-use academic campus planned for 250 acres Carolina Northtwo miles north of the main campus of UNC-Chapel Hill. As a public research university helping to transform the state’s economy, Carolina must compete with national peers for the talent and resources that drive innovation. Today, that competition demands a new kind of setting—one that enables public-private partnerships, public engagement and flexible new spaces for research and education. Carolina North will be a world-class magnet to attract the best and brightest to North Carolina, one that will create tremendous economic benefit for the state. This campus will promote a synergy among research, business, science, law and technology that will in turn produce new ideas, products and jobs. This research-driven entrepreneurship will take place in a highly green environment, one specifically designed to be a model of sustainability and to take advantage of the latest technological developments. 


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The University's vision of how Carolina North will look in 50 years:

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