Residential Real Estate

Elizabethtown makes plans to address housing needs

By Staff Report, posted 10 months ago

During Elizabethtown’s monthly meeting for July, the Town Council approved critical agreements with North Carolina Sustainable Futures, Inc. for the Live, Work, Play project in Elizabethtown Industrial Park. This includes the Infrastructure Reimbursement Agreement and the Ground Lease and Option to Lease Agreement for residential housing, paving the way for the construction of 284 workforce housing units.

This project aims to address housing needs for various local entities such as our local businesses, Cape Fear Valley Bladen County Hospital, Bladen County Community College, Bladen County Schools and governmental agencies, reducing the commute for their employees. Additionally, it offers housing options for new businesses looking to relocate or expand in the area.

The next steps involve finalizing an interlocal governmental agreement between the County and Town, along with securing approval for a resolution to accept and utilize the $15 million earmarked for infrastructure needs at the Live, Work, Play project. The County Commissioners are set to vote on these documents during their July 15 meeting.

Overall, this has almost been a three-year-in-the-making project that aims to enhance local housing options and support economic growth by accommodating both existing and prospective businesses in the region.

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

Tech for a cause: 2025 Tech ID Day showcases new innovations while supporting warfighters and a good cause

To wrap up the first day, attendees were able to meet up for a social event at the Brad Halling American Whiskey Ko. in Southern Pines where a $10,000 check was presented to the Joint Special Operations Foundation for their scholarship fund. Photo pr


Gathering great ideas: Business incubator coming to the 400 block of Hay Street

The three-story, 200,000 square-foot business incubator space is located at 420 Maiden Lane. The building features an elevator, construction has begun on handicap bathrooms for the first floor and the second and third floors feature window walls offering views of Segra Stadium.


Planting seeds of H.O.P.E: FTCC's Hope, Opportunity, Prosperity through Education Program provides empowerment through hands-on learning

Image provided by FTCCFocused on building the local workforce and streamlining the education process through real world learning, the Hope, Opportunity, Prosperity through Education Program at Fayetteville Technical Community College (FTCC), also kno