Chapel Hill solar energy initiative launches
The future of alternative energy in Chapel Hill is getting brighter.
The future of alternative energy in Chapel Hill is getting brighter.
Finding Tim Toben on his farm takes some time. First you stop at a construction site, where a builder is putting the finishing touches on Toben’s newest project, a tea house.
Greenbridge Condominiums, the 10-story West Rosemary Street development, relaunched sales efforts in August after foreclosure and a change of ownership led to a two-year sales freeze.
Greenbridge Condominiums is back in business. After a two-year sales freeze, units in the 10-story Rosemary Street mixed-use development are back up for sale.
Greenbridge has sat mostly empty and mired in financial troubles since April, when Bank of America started the development’s foreclosure process.
The LIGHT Art and Design shop, located in the bottom of Greenbridge Developments, could face problems when the luxury condominiums are foreclosed upon in November. But the gallery owners said they have no plans to move right now.
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.
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.
At LIGHT Art Design, Lucky Strike cigarettes and red Bibles embossed with gold crosses decorate the walls.
Controversy surrounding Greenbridge Developments continued Saturday evening when about 15 area residents stood in nonviolent protest against the condominiums.
After months of opposition and financial uncertainty, animosity towards Greenbridge Developments climaxed Saturday morning when a riot left three in handcuffs.
On Friday, the works of former UNC associate professor Kimowan Metchewais were put on display in the Greenbridge Developments building.
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.
With fewer than half of its 97 residential apartments filled, Greenbridge Developments has struggled to find its niche in Chapel Hill real estate and the surrounding low-income neighborhood since it opened in October.
James Richardson has lived in Northside neighborhood for five years and has seen the impacts of a newly constructed development in the area — Greenbridge.
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.
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.
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.
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.
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.