The Chapel Ridge Apartments complex, which targets UNC students, is scheduled to open for the fall 2003 semester after two to three years of planning, said Svein Dyrkolbotm, the development's contractor.
Chapel Hill Town Council member Flicka Bateman pointed to the development as a potential home for students before voting to restrict duplex construction at Monday night's meeting.
Council member Mark Kleinschmidt said more than 500 people will be able to find a home in this new development, designed particularly for students.
"The target market is students," Kleinschmidt said.
The complex will be located off Airport Road, behind the Wilco gas station, with an entrance through Brookstone Apartments on Homestead Road.
Kleinschmidt said some Brookstone residents have raised complaints about the new development.
"The Brookstone people are a little concerned about how much traffic will be going through there," he said.
But he said the road through Brookstone is a public thoroughfare and the entrance most likely will not be changed.
Kleinschmidt said few people would be affected by the duplex ban, despite student concerns, but those who were looking for new duplexes might consider Chapel Ridge Apartments as an alternative.