Chapel Hill is considering the sale of six properties, including Old Town Hall, as a means to bring in extra money. Other buildings on the list are the former Sport Arts Building, two fire stations, the parks and recreations offices, and a parking lot.
The town of Chapel Hill has increased capital improvement needs as a result of the economic downturn. According to Dwight Bassett, Chapel Hill’s economic development officer, selling these properties could bring in $10-20 million, while reducing the town’s maintenance costs.
Council members said the value of the buildings is difficult to quantify, and it would be hard for the town to buy them back later. Many groups and town staff members agree, and urged to keep the Old Town Hall and former library properties. “The prime location that you have there, it’s irreplaceable, and once it’s gone, it’s gone forever,” said Richard Ellington, president of the Chapel Hill Historical Society. “Any replacement costs would far and away exceed anything it would take just to keep that building habitable at the present time.”
A public information meeting for submitting potential sale proposals will be held at 6 p.m. on Tuesday, May 27th at the Chapel Hill Library. Town staff members will present a map of the properties, discuss the proposal timeframes, and provide general information about the properties. For more information, click here.
- 100 W. Rosemary St. (Old Town Hall)
- 2200 Homestead Road (former Sport Arts Building)
- Weaver Dairy Road Ext. at Martin Luther King Jr. Boulevard (Fire Station #4)
- E. Franklin Street at Elliot Road (Fire Station #3)
- 200 Plant Road (Parks and Recreation Offices)
- W. Rosemary Street Parking lot (public parking lot behind the IFC)