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Carrboro Advisory Boards Should Push For Gathering Space at Lloyd Farm

Carrboro Advisory Boards Should Push For Gathering Space at Lloyd Farm

Tonight, at 7:30 pm in Town Hall, the various Carrboro Town Advisory Boards will meet to review the Lloyd Farm rezoning proposal before it goes to the Carrboro Board of Aldermen later in June. This site represents a significant opportunity to do something compelling or make a lasting mistake for Carrboro. All in all, Lloyd Farm is a mildly better than average suburban strip mall concept with a bunch of single story buildings surrounding a large … Read entire article »

Filed under: Affordable Housing, Biking, Carrboro, Density, Economic Development, Parking, Piazzas, Plazas, Parks and Squares, Public Transit, Street Design

Chapel Hill News Describes Very Typical Carrboro Infill Project as “Unusual Density”

Chapel Hill News Describes Very Typical Carrboro Infill Project as “Unusual Density”

There are a few rezoning hearings coming up at the Carrboro Board of Aldermen meetings in June. One of them is a project called Inara Court, slated for 102 to 104 Fidelity St, which is right behind the O2 Fitness property, on the same side of Fidelity Street. I am very familiar with the area as I previously lived at two different addresses on Fidelity. CH News Reporter Jean Bolduc’s description of the project in the … Read entire article »

Filed under: Affordable Housing, Carrboro, Data, Density, Economic Development, Local Media

Filtering, Housing Supply and Changes In Rents: The Evidence

Filtering, Housing Supply and Changes In Rents: The Evidence

Over the past two weeks, I have highlighted how housing prices and rents increase without new development-  through filtering at large multifamily properties and at smaller rentals as individual landlords decide to upgrade their units one at a time. The flip side of this phenomenon is the question:  Is there is evidence that expanding the supply of housing can put downward pressure on rents, and can prevent mid-market housing from filtering up to become higher-end … Read entire article »

Filed under: Affordable Housing, Austin, Carrboro, Chapel Hill, Data, Density, Durham, Raleigh, Uncategorized, Washington DC

Displacement Without Development: Filtering Up on North Greensboro Street

Displacement Without Development: Filtering Up on North Greensboro Street

Last week I described the real estate market phenomenon known as “filtering,” and discussed a recent example in Carrboro where Abbey Court filtered from a lower rental submarket to a higher rental submarket and became Collins Crossing. Displacement Without Development Today I’m going to discuss another local example of where lower-rent units are disappearing and higher-rent units are taking their place. As you continue reading, keep in mind what is ultimately the most important part of this … Read entire article »

Filed under: Affordable Housing, Carrboro, Definitions

Filtering: A Word We Need to Understand as We Discuss Affordable Housing

Filtering: A Word We Need to Understand as We Discuss Affordable Housing

When new development occurs in Carrboro, many people ask “how many of the new residential units are going to be affordable?”  While this is a good question to ask, the new units in any project are inevitably a small portion of the overall housing stock in the town. The more important question is “how many of the EXISTING units are becoming more or less affordable?” New Development = Small Portion of the Housing Supply The 2012 American Community … Read entire article »

Filed under: Affordable Housing, Carrboro, Data, Definitions, Featured

Lloyd Farm Development: Can We Avoid a Missed Opportunity?

Lloyd Farm Development: Can We Avoid a Missed Opportunity?

One of the more significant development projects in recent Carrboro history may reach the Board of Aldermen soon- the Lloyd Farm property.  Located across NC 54 from Carrboro Plaza and just west of the Carrboro Post Office, this is one of the largest contiguous areas of mostly undeveloped land left in Carrboro. Here’s the location in question: On September 11th I attended a meeting on the project at Town Hall.  Late that night, I forwarded some … Read entire article »

Filed under: Affordable Housing, Asheville, Auto Traffic, Biking, Carrboro, Children, Data, Density, Durham, Economic Development, Featured, Huntersville (NC), Parking, Philadelphia, Piazzas, Plazas, Parks and Squares, Raleigh, Walking

Carrboro Should Require Developer to Unbundle Parking, and Then Approve Shelton Station

Carrboro Should Require Developer to Unbundle Parking, and Then Approve Shelton Station

Over a year ago, I wrote a piece in our wonderful community newspaper emeritus, the Carrboro Citizen, supporting the Shelton Station project which will come before the Board of Aldermen Thursday night. Some key benefits of the project include: The presence of another 125 to 170 residents so close to downtown will boost local business activity, in addition to generating construction jobs in the short term. Shelton Station and the residents of its 96 apartments will create a … Read entire article »

Filed under: Affordable Housing, Carrboro, Economic Development, Parking