Residential Real Estate

Elizabethtown makes plans to address housing needs

By Staff Report, posted 2 years 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

Publisher's note: Four years, countless connections

As many of you on LinkedIn may know, I have recently celebrated four years with the Greater Fayetteville Business Journal. Given that GFBJ has only been around for five years, I consider it one of my greatest labors of love. For the past four ye


From vision to action: Fayetteville entrepreneur builds portfolio of businesses centered on community and connection

: Sisters With A Purpose Foundation focuses on empowering women, youth and families through mentorship, educational workshops and community outreach. Photos provided by Santina Thomas.When Santina Thomas saw a need in the market, she didn’t wait for


Balancing innovation and privacy: Fayetteville Police embrace CJIS-compliant AI to streamline report writing

Photo provided by George ChengThe Fayetteville Police Department has begun using Code Four, an AI-powered report-writing tool, to streamline the process of documenting incidents based on officers’ body-worn camera footage. The goal is not to replace