TCC "in the KNOW" JANUARY 2018

January 2018 Updates

State:

  • Duke Energy announced a proposed a $62 million solar rebate program to help its North Carolina customers pay the upfront cost of installing solar panels on their property.  Under the program, residential customers will be eligible for a rebate of 60 cents per watt for solar energy systems of 10 kilowatts or less.  For example, a typical rooftop array of 8 kW would be eligible for a $4,800 rebate.  Installed systems 10 kW or greater would be eligible for a maximum rebate of $6,000.  Nonresidential customers would be eligible for 50 cents per watt.  Nonprofit customers, such as churches and schools, would be eligible for a rebate of 75 cents per watt for systems 100 kW or less.  Installed systems 100 kW or greater would be eligible for a maximum rebate of $50,000 for non-residential customers, or $75,000 for nonprofit customers.  The program would also feature a solar leasing option, whereby customers, instead of owning the system, can lease solar panels from another company.

Regional:

  • Jimmy Barnes, president of NAI Carolantic of Raleigh delivered his forecast at his firm’s 33rd annual Triangle Commercial Real Estate Conference at PNC Arena on January 22.  The predictions were based on a survey of more than 278 million square feet of office, warehouse and retail space spread out through 8,600 buildings across the region.  For warehouse and multipurpose space, roughly 2.2 million square feet of new construction is underway, and Barnes expects absorption to remain positive into 2018.  In the office market, vacancy declined slightly in 2017, from 11 percent to 10 percent, despite all the construction, and he expects continued growth.  Steady construction also is anticipated for the shopping center sector, while Barnes predicted the growing apartment market will see an uptick in vacancy after a busy year of building.  However, this is the 4th year in a row that Barnes has predicted an apartment vacancy increase and he admitted to being wrong three years in a row.
  • Twenty cities may not seem like a “short” list but for the municipalities listed as finalists for the location of Amazon’s new North American headquarters, but the competition feels much more real now than it did a month ago.  Included on that list of finalists is the Raleigh Metropolitan area, which includes Cary.
  • The Durham-Chapel Hill-Carrboro Metropolitan Planning Organization (DCHC MPO) is seeking public feedback on the proposed 2045 Metropolitan Transportation Plan (MTP) report, which will drive future policies and decision-making processes for highway, bicycle, pedestrian, and transit projects.  Residents and stakeholders can now review and provide input on the proposed 2045 MTP, which shows the highway, bus transit, rail transit and other transportation projects to be implemented over the next 30 years, and presents the official demographic forecasts and regional travel model.  Visit the DCHC MPO Website and provide comments directly by email by Feb. 9.
  • The Greater Raleigh Convention and Visitors Bureau wants to know what you think makes the area you call home, Raleigh/Wake County, a fun and exciting place for visitors.  The link below takes you to a quick survey with seven simple questions.  Take a few minutes to offer GRCVB your feedback.  It will help the organization formulate its destination strategic plan for Raleigh/Wake County.  Survey at wakecountydsp.com/local.  
  • The North Carolina Turnpike Authority has updated the schedule for the Complete 540 project and set public meeting dates to share information about the project and solicit public comment.  The Complete 540 project will extend the Triangle Expressway from the N.C. 55 Bypass in Apex to U.S. 64/U.S. 264 (I-495) in Knightdale, completing the 540 Outer Loop around the greater Raleigh area.  “We worked hard to accelerate this schedule and with the recent release of the Final Environmental Impact Statement, we are confident in getting this under construction more quickly,” said NCTA executive director Beau Memory.  “With the latest schedule, we now anticipate extending the Triangle Expressway to I-40 about a year and a half sooner.”  Next Steps:  NCTA and NCDOT will hold a series of public meetings in February to provide information on the project, share the preliminary design of the project and gather feedback from the public.  The three public meetings and one hearing are scheduled at the following times and locations:
    • Tuesday, Feb. 20, 6 – 8 p.m.- Holly Springs, Location TBD
    • Wednesday, Feb. 21, 6 – 8 p.m.- Barwell Road Community Center – Gymnasium, 5857 Barwell Park Drive, Raleigh 27610
    • Thursday, Feb. 22, Public Meeting: 4-6:30 p.m., Hearing: 7 p.m. - Wake Tech Community College – Southern Wake Campus – Student Services Building L. Rooms 212/213/214, 9101 Fayetteville Road, Raleigh 27603. 

The meetings will be open house style and citizens can stop by at any time.  Verbal comments will be recorded at the meetings for inclusion in the public hearing record.  The public hearing will include a formal presentation, followed by an opportunity for the public to provide verbal comments.  Written comments can be submitted at the meetings, at the public hearing, or immediately following these meetings.  Information gathered in the meetings and public hearing will be used in developing final design plans for the project.  All comments carry the same weight, regardless of how they are submitted.  The project’s updated schedule and more information can be found on the Complete 540 website.

Cary:

  • Hundreds of people in western Cary are pushing back against plans for a 2,000-seat charter school, citing concerns about traffic and arguing that the area already has plenty of public schools.  Cardinal Charter Academy West Campus wants to open in 2019 on Yates Store Road near the border of Wake and Chatham counties.  But an online petition opposing the school has more than 500 signatures, and neighbors are pleading with Cary leaders to intervene.  The undeveloped lot on the west side of Yates Store Road, directly across from Weldon Ridge Boulevard and roughly 2 miles west of Green Level Church Road, was marked for school use in Cary’s 2004 development planThe reason this is before the Town Council is that the school is proposing to swap some school land for some adjacent residentially-zoned land.  The Town Council will vote in February on the proposalMayor Weinbrecht strongly encouraged the school to conduct neighborhood meetings before then.
  • Rezoning approximately19 acres off of White Oak Church Road, near White Oak Baptist Church and White Oak Elementary School.  The 19 acres are split into two different sections, with a maximum of 60 multi-family homes in the top section and a maximum of 30 townhomes in the bottom, rectangular section.  There are also plans for a day care on the bottom section and the rezoning on the top portion would keep White Oak Baptist Church.  Town Council voted for the proposal unanimously.
  • Improvements to the Cary Parkway and High House Road intersection, which previously had to be canceled due to a lack of bids, will now move forward, with utilities relocated and mapped, as well as what town staff described as a better time of the year for construction.  These improvements would add a right-turn lane to each part of the intersection and a left-turn lane to three parts, as well as a variety of aesthetic updates.  The project would cost $2.73 million.  Town Council approved the bid unanimously.
  • Council unanimously approved the Fenton Mixed-Use Rezoning along Cary Town Blvd.  This signature project includes the new Wegmans grocery store along with significant office, commercial and residential usesIKEA will be located across the street in the Cary Town Center Mall which is being redeveloped.
  • Council unanimously approved the rezoning of a 0.19 acre parcel in Downtown Cary for five townhomes.  The case was more about the long term goal for the redevelopment of Downtown in accordance with the Cary Community Plan rather than five townhomes.  Many residents did not feel that the transitions were appropriate for the use against their existing older single story homes. 

 Chapel Hill

  • Town leaders and NCDOT officials are in talks for one of the town's biggest projects: redesigning U.S. Highway 15-501.  The four-lane, highly-traveled road serves as a gateway into town.  Town Manager Roger Stancil emphasizes officials are only brainstorming ideas and are years away from breaking any ground.  The need comes as the area grows. A Wegman's grocery store, a new UNC Healthcare office park, and the Durham-Orange Light Rail are just some of the projects along this route that are in the works.

Fuquay-Varina:

  • Construction on the NE Judd Parkway Intersection Project (Judd/Main/Broad) began on Jan. 22, 2018.  Planning for the project began immediately following citizen approval of the 2015 Transportation Bond.  The project will expand the Judd/Main/Broad intersection by adding lanes on NE Judd Parkway from Old Honeycutt Road past the Walmart shopping center.  With design, right-of-way acquisition and government approvals complete, the Town begins the 18-month project which is expected to increase traffic flow and efficiency at one of Fuquay-Varina’s most congested intersections.  The Fred Smith Company is the contractor for the project.  The total project budget is over $7 million and is funded through a combination of bonds and grants.
  • Town Board of Commissioners approved the purchase of 35 acres of industrial zoned property from local Fuquay-Varina manufacturer, TE Connectivity (TE).  The Town will use the purchased industrial property to recruit new, advanced manufacturing firms to the community, the recruitment of which the Town identified as one of its top priorities when it adopted its first, comprehensive economic development strategy in December 2014.  The 35 acres of industrial property will cost the Town $1,750,000 or $50,000 per acre.  Upon acquisition, the Town will begin the process to have the newly created Fuquay-Varina business park site certified as “shovel ready” in response to the rapidly changing pace of economic development activities and the need to have a site immediately ready for development.
     

·       Fuquay-Varina approved the annexation of a 213-acre property into town, making way for a 490 lot subdivision in the place of the old Hidden Valley golf course. The added sewer infrastructure being installed by the developer make way for the development for up to 1,000 additional acres south of the town.

Garner:

  • Conditional Use Site Plan:  CUP-SP-17-30, Saad Building – Tony M. Tate Landscape Architecture is requesting conditional use site plan approval for a flex space building.  The site is located at the intersection of Raynor Road and Bricksteel Lane and can be further identified as Wake County PIN 1730-40-0748 (portion of).  All persons interested in or affected by the above applications are invited to attend the hearing and offer relevant facts in evidence.  The hearing will be at the Town Council meeting at 7 p.m. Feb. 5 in the Council Chambers at Town Hall
    (900 7th Ave.)  Additional information is available during regular office hours from the Planning Department at Garner Town Hall.  Handicapped persons needing assistance or aids should contact Stella Gibson, Town Clerk prior to the meeting at 919-773-4406.

Holly Springs:

  • The council approved a $6.6 million budget for the town’s costs in the Town Hall Commons public-private partnership which is anticipated to ignite development downtown.  Already, interest in downtown development projects has increased significantly, staff said, and the project will bring up to 110,000 square feet of space that can be used for offices, retail, restaurants and more.  The town is responsible for public infrastructure improvements downtown, including parking, a regional stormwater facility and the extension of Rogers Street.
  • At its Jan. 2 meeting, the Holly Springs Town Council approved a development plan for a 52,530-square-foot mixed-use building, part of the Town Hall Commons in downtown Holly Springs.
  • The council approved establishing a budget to construct a 200- to 250-person gathering/picnic shelter on the Sugg Farm property.  Amenities are to include a warming kitchen, fireplace, restrooms and parking. An $800,000 budget was established for the project.

Morrisville:

  • The Morrisville Parkway Extension and Interchange project hit an important milestone with bids received that are both in line with the engineer’s estimate and within budget.  This is particularly good news since Morrisville Parkway is one of the area’s biggest transportation investments, with significance to the town and the region.  It is also particularly good news as we may have turned the corner on the recent trend of escalating costs on bids.  Morrisville Parkway will provide the Town with another interchange on NC540 and will include connected vehicle technology for an NCDOT evaluation of the impacts of this new technology (I don’t know what this means…). Cary has been the lead agency through the right-of-way and utility relocation phases.  As the project moves into the construction phase, NCDOT will be taking the lead.  NCDOT anticipates the project being open to traffic in time for Christmas of 2019.

Raleigh:

  • Leading with Landscape IV: Transforming NC’s Research Triangle Conference| April 12-15| Register at https://tclf.org/sites/default/files/microsites/raleigh2018/index.html 6.5 LA CES™ professional development hours, pending approval.
  • Beginning March 1, 2018, all infill construction projects will require a survey performed by a professional land surveyor licensed in the state of North Carolina. For more information, click HERE.
  • City of Raleigh's Department of Housing and Neighborhoods has two requests for Architectural and Engineering Services
  • Funds available for Developers of Low Income Housing Tax Credit Projects. City of Raleigh now has funds available for gap financing for LIHTC developers. Click HERE for more information or contact Aimee Holtsclaw to receive the Request for Proposals.

March 6, 7 p.m.

Z-21-17 - Louisburg Road (continued from 1/2/18)

Z-23-17 - Litchford Road

Z-27-17 - 1317 East Lenoir Street.

TCC Updates:

Have you taken our annual Development Services Survey yet? Take a moment to provide quality feedback to the Triangle's municipalities regarding their development processes

Accelerate your business by sponsoring one of our upcoming programs or events! Click HERE for our sponsorship forms or contact Charlene Logan!

The TCC organizes monthly Coffee Chats with municipalities across the Triangle. This type of event provides TCC members with the opportunity to have an informal but intimate conversation with elected officials and senior staff about the area's growth and development. The chats are a TCC Member Only event! For more information, please contact Charlene at charlenel@tricc.org  

The TCC organizes monthly Coffee Chats with municipalities across the Triangle. This type of event provides TCC members with the opportunity to have an informal but intimate conversation with elected officials and senior staff about the area's growth and development. The chats are a TCC Member Only event! 
For more information, please contact Charlene at charlenel@tricc.org
 

Upcoming Coffee Chats:  Save the Dates and All Member Invites will be sent one month prior to the chat!
 

2018 Coffee Chats:
March 7, 2018  Town of Garner

March 21, 2018  Duke Energy

April 11, 2018  Town of Cary

Dates TBD:  Raleigh, Durham, Apex, Fuquay-Varina, Holly Springs, Clayton/Johnston County & Wake County!

“Super Coffee Chats”:  Little River Reservoir, NCDOT & Duke Energy/PSNC/Spectrum/Mastec

Sponsorships are available for all programs and events in 2018!  Check our website at www.tricc.org for more information!

Upcoming Programs and Events in 2018: Dates and Speakers TBD

May 4, 2018:  NEW in 2018 - TCC Clay Shooting Tournament at Drakes Landing

September: TCC Political Pig Pickin’ September 20, 2018 at Angus Barn

TCC Membership Information:  
“If you are not at the table, you are probably on the menu!”  In 2018 we will be at the table! 
We will be there to:

  • Influence public policy
  • Promote responsible stewardship by government
  • Shape public opinion through education
  • Provide solutions for community issues

If you are not a member of the TCC, please join now and commit your resources to help us. 
If you are a TCC member, get ready for another year of action.  We will be at the table to ensure that policy makers do not leave the future of this region in the hands of those who fail to understand the benefits of growth, the very growth that has made the Triangle the best place to live in the country.

“If you are not at the table, you are probably on the menu!” So join us at the table!

For more information about TCC membership visit www.tricc.org or call the TCC office at
919 812-7785


 A Special Thank You to Our 2017 Members and Sponsors!
 
Strategic Members:  HBA Raleigh-Wake County      
                                 Raleigh Regional Association of REALTORS®   

Partner Members:  PPM, Inc.   Colliers International    Forsyth Investments Company   
Taylor Wiseman & Taylor   Smith Moore Leatherwood

Business Members:  Back Home Productions   Bohler Engineering   Brownlee Whitlow Praet & File   Community Properties   Duke Energy   Fern Hill Properties   Fonville Morisey Barefoot  
Gaines & Co.  Google Fiber  Grubb Ventures   HHHunt Homes   Kane Realty Corporation  
K&L Gates  Kimley-Horn & Associates   Lennar   M/I Homes   McAdams   Pulte Group
Morningstar Law Group   Preston Development   Robuck Homes   Royal Oaks Building Group
Sepi Engineering   Smith Anderson  Taylor Morrison   Terramor Home, Inc.  
The Bainbridge Companies  Triangle Apartment Association   WithersRavenel   Williams Property Group
Triangle Commercial Association of REALTORS®   

Chamber/Gov:  Greater Raleigh Chamber of Commerce   Apex Chamber   Cary Chamber    DHIC    
Midtown Raleigh Alliance    Morrisville Chamber  Durham Regional Association of REALTORS®    
HBA Durham Orange Chatham Counties    
           
Individual Level Member:  Ammons Development Group   Avison Young   ColeJenest & Stone, P.A.   
Spectrum Properties Management Co.  Coldwell Banker Advantage  HBJ Group, Inc.   Gannett Fleming, Inc.  
Income Properties of Raleigh   Kolter Land Partners   Kotarides Developers   Nexsen Pruet   The Banks Law Firm Howling Wolf Properties   The Rogers Group, Inc.   McKim & Creed, Inc.   Chester Allen, CBRE  
Thomas C. Worth Law Offices   Dwight Bassett, Town of Chapel Hill     
 

2018 Sponsor Members:  Allen Tate Company   Berkshire Hathaway HomeServices YSU
Crescent Communities    Fuller Land & Development   JPM South Development    Newland Communities  
Northwood Ravin   Paragon Commercial Bank   Ramey Kemp & Associates, Inc.  Stewart, Inc.  
The Nau Company  Tri Properties   Woodfield Investments, LLC