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Real Estate - Residential

More Apartments Planned For S. Kerr Corridor

By J. Elias O'Neal, posted Mar 25, 2014
A student apartment development shot down by Wilmington City Council members may be coming back to life.
 
Officials with Cary-based Solstice Partners LLC recently filed plans with the city development services division to construct The Solstice Lofts at the corner of Randall Parkway and South Kerr Avenue.
 
Preliminary plans call for the development to incorporate three buildings with 18  four-bedroom units in each building. The site would also include a leasing office, pool, 221 parking spaces, 70 spaces for bicycle parking and a multi-use path.
 
Officials with Solstice Partners could not be reached for comment Tuesday.
 
The proposal comes after Wilmington-based B.J. Construction was denied its request in September to rezone five separate parcels from residential or multi-family low-density to multi-family medium-density for the Lofts at Randall Parkway – a three-story, 78-unit, student-centered apartment community that was proposed to rise along Randall Parkway.

Area neighbors, mostly concerned with traffic and setbacks to their property, filed a protest petition with the city in opposition to the project.
 
Since neighbors filed the protest petition, the item needed a super majority vote to be approved. It failed after council members Laura Padgett and Earl Sheridan voted against the project.
 
Had the petition not been filed, the rezoning request would have passed.
 
Solstice Partners LLC purchased much of the 6-acre site earlier this month from B.J. Construction.
 
Since releasing plans for the site, developers have most notably decreased the density of the development from 78 units to 54 units. Plans also highlight a 20-foot buffer that would include existing shrubbery and a 5-foot-tall opaque fence.
 
Members of the city’s development service division’s technical review committee will review the project at its April 3 meeting. 
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