157 E. Rosemary St
12-Story Luxury Condominium Building in East Rosemary St. Innovation District in Chapel Hill
Project Owner: TJ Capital, LLC
Contacts: Bill Jackson
Project Features:
- 1/3-acre site at east end of E. Rosemary Street Innovation District.
- 12-story high-rise, luxury condominium building.
- 56 residential condos and 3,000 sf of retail space on ground floor.
- 25% affordable housing (14 units) of same size and quality as market rate units.
- 22 parking spaces in garage under building. Additional spaces to be secured in Town’s new parking deck – just steps away.
- Activated street frontage with outdoor seating for retail (restaurant is desired).
- Permeable pavement patio on top of parking garage to serve as stormwater management system.
Services Provided:
- Due diligence, planning, civil site design and surveying.
- Coordination of all reviews and approvals from Town of Chapel Hill:
- Concept Plan
- Conditional Rezoning to new Community Priority Zoning District R-CP-CZD. [First project to do so.]
- Zoning Compliance Permit (anticipated 2024).
- Engineering Construction Permit (anticipated 2024).
- Construction anticipated late 2024.
- Architecture by Tise-Keister Architects.
- Image credits: Tise-Keister Architects.