A mixed-use development that has raised significant concerns among town leaders met wide support from residents during a public hearing at Thursday’s Carrboro Board of Aldermen meeting.
The proposed development, Shelton Station, contains a four-story multi-family residential building and a two-story commercial building. It would be located at 410 N. Greensboro St. on 2.65 acres of land.
Kenneth Reiter, the project’s developer, presented the proposal for Shelton Station Thursday.
The development would likely allocate 20 percent of its units as affordable housing.
Reiter said there would be no distinction between the affordable housing units and those at market price.
“There will be affordable units, but we will not be specifically choosing them,” Reiter said.
“All of them will be built at market rate and will be no different.”
Reiter said this measure ensures flexibility in the sale process because open units will not sit idle due to lack of viable renters.
Carrboro Mayor Mark Chilton said he was concerned about the affordable housing units and their allotment to those with true financial need rather than students.