17 May New apartments planned for Georgetown
Plans call for a new development in Georgetown to include more than 120 apartments in a complex across from the Post Office off Charlotte Street.
A new apartment complex is in the works for Georgetown.
A North Carolina developer plans to build an apartment complex adjacent to the Post Office on Charlotte Street behind Walgreens, according to documents from the city.
The developer is Bowtie Properties LLC, based in Salisbury, North Carolina. In March, the real estate company acquired the 26-acre site from Richmond Realty Co. of Georgetown for $950,000, according to county land records.
The developer was seeking approval from the city to increase the number of units in the complex from 128 to 160, but the city’s Planning Commission voted against the request after hearing opposition from people who live near the proposed site during a meeting in April.
The site is a planned development under the city’s zoning ordinance, and the 160 figure is considered a "major change" meaning the developer needed permission from the city to increase the number of units. The developer was also asking to have the height of the apartment buildings increased from 35 feet to 50 feet.
Several residents of Country Club Estates, which is off N. Fraser Street south of Charlotte Street, opposed the proposed increase in density during the April 24 meeting. Their concerns included the development’s potential impact on wetlands in the area as well as safety. The Planning Commission voted 4-2 to recommend City Council not approve the change. Matt Millwood. with the city’s planning office, said the developer has since rescinded the request.
The property for the apartments extends around the backside of the Post Office where it meets the property line for homes on Pyatt Street, part of Country Club Estates. In the past, people who live in the neighborhood have opposed plans for other nearby development.
The apartments will range in size from 700 square feet to 1,200 square feet, according to the engineering firm, Thomas and Hutton, working on behalf of the developer. A clubhouse and pool are also included in the plans, according to minutes from the Planning Commission’s meeting. The entrance to the complex would be from Charlotte Street.
The Georgetown Times was unable to reach the developer before press time Monday. Millwood said he understands that the developer plans to sell the individual apartments. He added that since they decided to not go forward with the increased density, a new site plan must be submitted to the city.
City officials have often cited Georgetown’s lack of quality housing as a barrier to economic development. Last week, Mayor Brendon Barber said it’s important to have a "housing inventory," whether it’s apartments or single-family homes.
He said having adequate housing is necessary to attract people, and businesses, to the community.