Gibsonville’s board of aldermen this week approved a rezoning request to allow for about 30 townhomes off of Cook Road.
Following little discussion among the board and no comments from the public, the aldermen concluded Monday’s public hearing for the rezoning and approved developer Brian Wagoner’s request for the roughly four-acre property, which is comprised of three parcels. Under the new zoning, RM-8, town planning director Brandon Parker told The Alamance News that Wagoner can fit about 30 townhomes on the site.
As of Monday’s meeting, Parker said that Wagoner hasn’t announced how many units he would build or what the layout of the homes would be. Those details are set to come before the aldermen in the coming months when a site plan is presented – if the board also approves an annexation of the property into the town’s jurisdiction.
Utilities agreement paves way for 100 townhomes on Highway 61
Also approved this week was a water and sewer development agreement between the town and Forestar Real Estate Group, the latter of which now has plans to close on a property along Highway 61 and build 100 townhomes.
Under the agreement, Gibsonville will extend water and sewer to the property by March 31 of next year. Forestar’s end of the bargain is paying for all system development fees up-front, a total of $400,000, town engineer Josh Johnson told the board. If the town doesn’t meet the March deadline – an event that Johnson said is highly unlikely to happen – it is required to refund the $400,000.