This marks the first time the Carrboro Board of Aldermen has had to apply a development ordinance adopted three years ago to a mixed-use development.
The 3-year-old ordinance applies to undeveloped land north of town and sets guidelines for developments, including one that mandates that developers leave 40 percent of their projects as open space. The developer has complete discretion about how to divide the remaining 60 percent of the property between residential and commercial use.
Developers at Winmore Land Management LLC, who want to create a 129-acre mixed-use community in northern Carrboro, are in the process of determining how to divide the 60 percent of land not reserved for open space.
The mixed-use community, which will be called Winmore, will be built partially on a 62-acre satellite of the Horace Williams tract, which the UNC Board of Trustees voted Thursday to sell to Winmore developers.
The development is expected to provide 50 to 60 houses and 96 apartments priced under $175,000 that will purchased by employees of UNC, UNC Hospitals and the town of Carrboro.
Winmore developer Phil Szostak said the mixed-use community originally was designed to be 10 percent affordable housing.
But the BOT's approval of the sale of the Horace Williams satellite tract mandated an increased number of affordable housing units.
"The original tract would have 24 affordable housing units, and there would be about 96 affordable units in the UNC piece," he said.
In addition to the residential portion of the development, Szostak expects about 9 percent of the development to be devoted to commercial businesses.
