Information from Hope Valley Neighborhood Association:
Proposed New Development in Southwest Durham

Mixed Use Rezoning Case: UNIVERSITY MARKETPLACE

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Public Hearings

Planning and Zoning Commission: July 10, 5:30 PM, City Council Chambers Durham City Council: September 4, 7:00 PM, City Council Chambers


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Quality Redevelopment

  • Clearly a marked improvement over the current condition of Regency Plaza.

  • Six businesses will remain from Regency Cleaners to Pearle Vision.

  • University Marketplace is a vertically integrated, mixed use project.

  • Developers are recruiting a specialty grocer and upscale restaurants & shops.

Impact on Hope Valley?

  • Traffic increase will be felt.

  • Roads are now underutilized.

  • Two regional transit stops.

  • Higher residential density.

  • No required infrastructure costs.

  • Luxury living for professionals, graduate students, and downsizers.

  • Urban landscaped appearance.

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Hope Valley Neighborhood Association