Bialystock and Bloom
The original, and far superior version.
Labels: development, Durham
Continue reading Bialystock and Bloom
Labels: development, Durham
The attorneys and their public relations team declined several requests for interviews with the Indy.
Labels: development, Durham, local media
Labels: City Council, development, Durham
Council members are scheduled to get their first look at the proposed service extension contract today, and will have to decide whether to put it on the agenda for a vote at their Jan. 3 business meeting.
The request already has drawn heated opposition from one of Durham's key political groups, the People's Alliance, and from dozens of people who have e-mailed council members to say consideration of the request is premature.
. . .
City Manager Tom Bonfield, though, said the developers have questioned why he and his staff should sit on an extension contract.
"They've argued -- what's the reason we wouldn't at least consider it, or move it to the policy level," Bonfield said, alluding to the developers' contention that extensions and annexation are a matter for the city's elected political leaders and not its unelected staff to decide.
The manager also said the developers would argue that the staff has "been negligent to [an] ordinance" that sets a deadline for processing applications for utility extensions.
City Attorney Patrick Baker, however, said Monday he's aware of no such ordinance.
Officials do generally pledge an answer to applications in six months, and city officials received Southern Durham Development's Inc. request in March, Baker said.
But the city code on utility extensions to land outside the city limits does specify that decisions on such applications are discretionary as far as the council is concerned.
That means the council can say yes or no, with a no leaving developers unable to count on access to utilities and with little basis for arguing that such access is a matter of right.
Bonfield had halted work over the summer on both on the extension contract and the annexation that 751 South's developers have requested. He said he decided work should resume after the two sides in the zoning fight opted this fall to take it to court rather than going to Durham's Board of Adjustment.
Labels: City Council, county commissioners, development, Durham
Labels: development, Durham, local crime
The Durham County Board of Commissioners approved a rezoning request last night to allow up to 33,500 square feet of commercial development on nearly 10 acres on Glenn School Road.
Commissioners Joe Bowser, Brenda Howerton and Chairman Michael Page voted in favor of the rezoning, which changes the zoning from rural residential to allow for a yet-to-be defined commercial development between Glenn Road and Interstate 85.
Commissioners Ellen Reckhow and Becky Heron voted against the change, saying they wanted more details about the development that would be a gateway to East Durham.
Development representative Ronald Horvath said property owners couldn’t provide specific details because they are talking to different potential buyers and exploring three or four possible uses. Those uses include a small hotel, a sit-down restaurant, a gas station, and a fast food restaurant, all intended to serve I-85 traffic, he said.
Labels: county commissioners, development
MUCH OF CENTRAL NORTH CAROLINA HAS RECEIVED BETWEEN ONE AND THREE INCHES OF RAIN SINCE LATE SUNDAY MORNING. AN ADDITIONAL TWO TO THREE INCHES OF RAIN WITH LOCALLY HEAVIER AMOUNTS MAY OCCUR TODAY THROUGH TONIGHT...MOST OF IT FALLING IN A RELATIVELY SHORT TIME FRAME. THIS ADDITIONAL RAINFALL WILL QUICKLY RUN OFF FILLING CREEKS AND STREAMS TO BANKFUL OR POSSIBLY OUT OF THEIR BANKS. ALSO THE POTENTIAL EXIST FOR WIDESPREAD HEAVY RAINFALL. IF THIS OCCURS OVER AN URBAN AREA...FLASH FLOODING WILL QUICKLY OCCUR.
* WHILE MUCH OF THE REGION HAS EXPERIENCED A SIGNIFICANT DROUGHT...THIS AMOUNT OF RAINFALL...ESSENTIALLY A MONTH S WORTH...IN A SHORT PERIOD OF TIME...WILL QUICKLY RUN OFF. SOME OF THE HEAVIEST RAINFALL MAY OCCUR EARLY THIS MORNING...MAINLY ACROSS THE SOUTH AND EAST...AND AGAIN TONIGHT AS STRONG THUNDERSTORMS ARE EXPECTED TO CROSS THE REGION. SOME OF OUR MOST RECENT FLASH FLOOD DEATHS HAVE OCCURRED WITH HEAVY RAIN EVENTS
IMMEDIATELY AFTER A PROLONG PERIOD OF DRY WEATHER. MOTORISTS SHOULD AVOID KNOWN AREAS THAT FLOOD DURING HEAVY RAIN EVENTS WHILE OUT AND ABOUT TODAY AND TONIGHT.
The would-be developers of a massive, Meadowmont-plus-sized residential and commercial development on the eastern edge of Durham want the City Council to exempt their project from a pending move to widen required stream buffers.
. . .
Construction has yet to begin, but Zumwalt and his clients are worried that Durham officials could throw a kink in the plan by doubling the size of the buffers they require around many streams.
That would come as part of an effort to beef up the environmental-protection standards of Durham's "unified development ordinance."
Simplifying the matter somewhat, officials now require a 50-foot-wide buffer strip along each edge of the streams in and around the project site. A proposal to widen that to 100 feet is making its way through the drafting and review process.
The change is supposed to leave more vegetation intact to help filter pollutants out of runoff, and bring Durham's standards for protected so-called "perennial streams" more in line with those of other communities in the area.
Zumwalt's clients, however, maintain that the change would undermine their plans. They want a five-year exemption so they can go ahead under existing buffer standards.
Widened buffers and other changes officials are considering "will result in a considerable loss of developable land," translating "directly into a greatly reduced number of residential units as well as reduced commercial and office floor space," Zumwalt said in a letter explaining his clients' request.
Labels: development, weather









Labels: development
12. Public Hearing to Consider Allocating Economic Development Investment Funds to Cree
20 min.
The Board is requested to hold a public hearing to consider allocating economic development investment funds to Cree, a leading developer and manufacturer of LED lighting, and semiconductor solutions for wireless and power applications. Cree’s products are used in backlighting for electronics and vehicles, general illumination, electronic signs and signals, variable speed motors and wireless communications. The company is dedicated to designing and producing products which are energy efficient and environmentally friendly.
Cree, a homegrown Durham company since 1987, operates in a highly competitive global market driven by rapidly changing technology, short product life and a competitive pricing environment. Currently Cree is evaluating a substantial investment in a new production line to launch a new generation LED chip. Cree is considering several locations for the project, including China, Malaysia, and Durham. The capital investment for this project is expected to be approximately $392 million, with $135 million dedicated to machinery for the new production line. Cree would also create 244 new jobs in Durham by the end of 2013 to operate the production center. Company officials have stated that incentives from the local government are a key consideration in its final decision on locating the expansion, particularly in light of the cost of labor in the overseas market.
Staff is recommending that the county participate in this economic development project by providing up to two million ($2,000,000.00) for the $392 million project. Eight hundred and twenty five thousand ($825,000) of those funds would be reserved to pay for training expenses of new employees hired who are Durham residents. Funds would be furnished over a seven year period through an economic development incentive fund performance contract.
This public hearing was advertised on Friday, September 3, 2010 as required by law.
Cree has been consistently profitable and is sitting on nearly $1 billion cash. The company plans to use the money for expansion, hiring and research, and plans to spend more than $250 million this year on factories and equipment in Durham and China.
Labels: development
A growing number of developers and builders have been quietly slipping “resale fee” covenants into sales agreements of newly built homes in some subdivisions. In the Dupaix contract, the clause was in a separate 13-page document — called the declaration of covenants, conditions and restrictions — that wasn’t even included in the closing papers and did not require a signature.
The fee, sometimes called a capital recovery fee or private transfer fee, has been gaining popularity among companies that have been frantically searching for new ways to gain access to cash in the depressed housing market.
Someone selling a home for $500,000, for example, would have to pay the original developer $5,000. If the home sold again two years later for $750,000, the second seller would have to pony up $7,500 to the developer, and so on. Even if a home declines in value, the seller still must pay the 1 percent fee. Freehold gets a cut of the resale fee; if the fees are securitized, it retains a percentage of the cash generated from the securitization.
Freehold’s principals and lawyers have been aggressive in sales pitches to developers, but have declined to give details on their clients, securitization efforts or the company itself. Freehold moved its corporate office from Round Rock, Tex., to New York this year as it stepped up efforts to securitize the resale fees.
Labels: development
Labels: development, Durham County, idiots
Labels: county commissioners, development, Durham County, Lowell Siler
Labels: county commissioners, development, Durham County, Lowell Siler, Patrick Byker
Labels: county commissioners, development, Lowell Siler
Labels: county commissioners, development, Durham County
Southern Durham Development admittedly attempted to foil a second petition that included Chancellor’s Ridge homeowners last week, by donating land rights to part of its property to the North Carolina Department of Transportation. When the N.C. DOT realized its acceptance of that land would nullify the citizens’ petition on a technicality, the department attempted to revoke its acceptance.
The last-minute maneuver also pushed back, yet again, county commissioners’ attempt to vote on 751 South, an event that has been scheduled and rescheduled since last spring.
On July 26, when commissioners were on the verge of voting, Durham County Attorney Lowell Siler asked them for more time to consider whether the N.C. DOT’s revocation, which was written by lawyers at the attorney general’s office and filed in court, is legally binding.
Siler’s decision is expected Aug. 9, when commissioners meet at 7 p.m. to vote on whether to allow 751 South to go forward—a move that could put the issue to rest, at least for the time being.
Labels: development, Durham County, Lowell Siler
"Honestly, we came to Durham first because we thought Durham was the most open-minded and progressive city" in the Triangle, said Paul Hickman, Fairway's area general manager.
Labels: billboards, City Council, development
Labels: development, Durham County
Hopkins told Ruffin the original discussion lapsed after the first meeting, resuming only on or about July 12 -- after the window for neighbors to file a protest petition had closed. At that point, lawyer Patrick Byker contacted DOT officials to move the donation through.
Byker was "in a hurry" to complete it, and when asked why the rush, told DOT officials his clients wanted to show "good faith" by making the deal before the hearing, Hopkins said.
But such a showing was unnecessary, as the developers already had formally promised city/county planners they would give DOT an easement along the N.C. 751 frontage of the site in return for the rezoning.
The widening is not in DOT's near-future plan, said (Southern Durham President Alex) Mitchell and DOT engineer Joey Hopkins, but Mitchell said he went ahead when he realized that donating the right of way would invalidate the protest petition.
"I have a group of opponents who wake up every day trying to think of ways to block this plan," he said. "I'll do everything within my power, legally, to move it forward."
Labels: development, Durham County
A DOT official, Deputy Division 5 Engineer Joey Hopkins, said the document, drafted with help from N.C. Attorney General Roy Cooper's staff, was modeled on instruments the agency uses to give up temporary easements.
State law, meanwhile, clearly suggests that DOT has the General Assembly's permission to walk away from a donation.
The statute establishing its power to accept one, G.S. 136-19, says that if the department "later determines that the property acquired for transportation infrastructure, including highway right of way, or a part of that property, is no longer needed," it should give "first consideration" to a repurchase offer from its former owner.
Such an offer in this case would appear superfluous because no money ever changed hands between DOT and the developer. The easement also didn't convey anything beyond usage rights to the agency.
The law also makes it clear DOT is the sole judge of its own property needs.
Labels: development, Durham County, Lowell Siler