Greensboro approved on Tuesday a Wisconsin developer’s proposal that could bring a mixed-income housing complex to a vacant lot on South Elm Street.
Alexander Company is planning to build 128 apartment units and 29,000 square feet of future commercial space that could support a grocery store at the city-owned lot. It’s the beginning of what residents hope will be a substantial change in the area.
“We envision an innovation district that extends down Elm Street, combines retail, student and senior housing, jobs, green space and historic character," said James Griffin, a resident of the Warnersville Community.
Griffin said the proposal comes after neighbors in the area have experienced a lack of investment for years.
The City Council unanimously approved a sales development agreement for the plan, but some members requested conditions limiting how developers use the commercial space.
City staff say the deal provides a framework that allows Alexander Company to finalize the details of its proposal.