Residential Real Estate

Elizabethtown makes plans to address housing needs

By Staff Report, posted 1 year 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
cape-fear-valley-health-system michael-ruzek-do-cpe-facep headshott

Cape Fear Valley Health hospitals earn high Leapfrog Safety Grades

Michael Ruzek, DO, CPE, FACEP - Chief Quality Officer, Cape Fear Valley Health System
north-carolina-military-business-center scott-dorney headshott

Southeast Region Federal Construction, Infrastructure & Environmental Summit Concludes in Wilmington

Scott Dorney - Executive Director, North Carolina Military Business Center
fayetteville-state-university dionne-hall headshott

Mental health matters at Fayetteville State University

Dionne Hall - Director, Center for Counseling and Accessibility Services, Fayetteville State University

In The Current Issue

Envisioning a better downtown: Cool Spring Downtown District's Amplified District Reenvision Awards honor downtown visionaries

Graphic courtesy of CSDDThe Cool Spring Downtown District is recognizing members of the downtown Fayetteville community with their Inaugural Amplified District Awards. While an award ceremony and town hall was intended for June 4, the Cool Spring Dow


ERA Strother bets on downtown Fayetteville with Hay Street move

ERA Strother Real Estate recently relocated its long-time office headquarters to 229A Hay St., trading its Ray Avenue site for a street-level presence on Hay Street.


Beyond the balance sheet: Looking beyond traditional banking to examine the bigger picture of growth opportunity and long-term success

The Greater Fayetteville Business Journal is excited to announce our second Power Breakfast for 2026: Beyond the Balance Sheet, a banking-focused event exploring the relationship between bankers and businesses. This event will have a regional fo