GREENBRIDGE


Greenbridge foreclosure delayed for the second time in four months

Greenbridge faced foreclosure sale today for the second time in four months — but Bank of America has again postponed the date to give developers more time to repay debts. Tim Toben, one of the development’s partners, said he received a letter from the bank telling him that the sale had been delayed until Nov. 7.


	Although Bank of America has postponed foreclosure on Greenbridge, the financial future of the development depends on finding investors.

Greenbridge to foreclose Sept. 22

Greenbridge faces a foreclosure sale Sept. 22 for the second time this year, just months after its bank delayed a June 27 sale date. Town officials say the developers’ poor relationship with their bank and the national economic downturn — not Chapel Hill’s business environment — caused Greenbridge’s troubles.


	Greenbridge, a downtown Chapel Hill development, faces foreclosure after Bank of America reused to pay invoices on the project in October.

Greenbridge may foreclose

Greenbridge, the 10-story Rosemary Street development that opened last fall, faces the threat of foreclosure by its bank. The (Raleigh) News & Observer reported Friday that the Greenbridge development could foreclose after Bank of America refused to pay $1.6 million in invoices on the project in October.


DTH/Amanda Purser and Ryan Kurtzman

Greenbridge installs solar panels to heat water

By today’s end, Greenbridge will be one step closer to achieving its environmentally friendly claim.Greenbridge, a two-building development property on West Rosemary Street, began the installation of 45 solar panels on the roof of its 10-story East Building.


The construction of a 10-story environmentally conscious mixed-use development on West Rosemary Street has caused controversy.

Greenbridge all-clear after bomb threat

Streets are clear after a bomb threat targeted Greenbridge Development around 7 a.m. Thursday.The caller said the bomb was in the Greenbridge development at 400 W. Rosemary St. Police performed a sweep of the building and did not find one.


Knotts Funeral Home has suffered property damage and decreased business that owners blame on Greenbridge. DTH/Mary Lide Parker

Funeral home neighboring Greenbridge fights to live

A metal fence is all that divides a small funeral home on North Graham Street from the Greenbridge construction site.It was also the first official notification Knotts Funeral Home received of Greenbridge’s construction, said Michael Parker, the funeral home branch’s manager.“They didn’t let us know anything until they started coming in and putting up a fence,” he said.


Greenbridge: location of graffiti.

Greenbridge walls, property vandalized

An already controversial plot of land has taken another shot this weekend — this time from vandals.Damages to the Greenbridge development totaled about $11,000 after it was spray-painted in several areas Saturday night, including 14 concrete columns, 21 walls, five doors and a fork lift, according to Chapel Hill police reports.


The construction of a 10-story environmentally conscious mixed-use development on West Rosemary Street has caused controversy.

Greenbridge leases more than half its units

A glance west down Rosemary Street confirms the progress of a controversial 10-story development among low-slung businesses and homes.Future occupants have purchased more than half of the units set to be built in the skeleton framework of the Greenbridge development.