Apartments planned for former car dealership site
The vote by Greensboro City Council was swift and unanimous last week to reimburse Lomax Construction in the amount of $217,812 to relocate a storm sewer line at the Old North State Chevrolet site just north of NewBridge Bank Park, home to the Greensboro Grasshoppers minor league baseball team. The owners of the property had planned an ambitious mixed-use development at the site, but then the economy tanked in 2008. Lomax Construction plans to develop a four-building, 196-unit apartment complex on the site, according to the resolution approved by council.
State law allows cities to reimburse developers or private property owners for “public enterprise improvements that are adjacent or ancillary to a private land development project.” Downtown Greensboro Inc. President Ed Wolverton characterized the project as transformative in a prepared statement and said it will “meet market-based, economic development goals for downtown.” The site is along the path of the planned Downtown Greenway, and about a block from the site where Deep Roots Market plans to open a grocery store and deli.
Greensboro firm supplies Ford
Greensboro-based Unifi has announced that automaker Ford Motor Co. has chosen its trademarked Repreve product, a recycled material made from plastic water bottles, as a seating fabric for the 2012 Ford Focus Electric. Repreve is produced for the most part at Unifi’s Yadkinville facility, publicist Kimberly Allred said. In 2009, Ford stipulated that fabric suppliers used 25 percent recycled material for new vehicles.