A development agreement between Chapel Hill and UNC for Carolina North was approved in late June, setting in motion the next 20 years of work at the University’s new satellite research campus.
But actual construction on the site won’t begin until economic conditions — in the state and at the University — improve.
The first buildings planned for Carolina North, the Innovation Center and a law school, have been stalled by the economic recession.
“The passing of the development agreement was a major milestone,” University Board of Trustees Chairman Bob Winston said.
“Now we’ve got to cross some t’s and dot some i’s.”
And until the University can find proper funding from the state and alumni donors for its initiatives at Carolina North, progress will be incremental.
“The development agreement is just a beginning point to address the concerns of the impact of Carolina North,” said J.B. Culpepper, planning director for Chapel Hill.
For the University, approval of the development agreement was the main thrust of its work on Carolina North until last June.
“We were very much focused on concluding the official proceedings,” said Jack Evans, executive director of Carolina North. “We’ve now made a shift into the actual implementation of the development agreement.”