CHAPEL HILL — The Town Council on Monday voted 7-0 to approve plans for a hotel at Southern Village on U.S. 15-501.
The 112-room, five-story hotel will be a third anchor for the mixed-use village south of downtown, after Weaver Street Market and the Lumina Theatre, developer D.R. Bryan said.
The hotel – an operator has not been named – will have a 90-space parking lot and is the first phase of a two-part project. It will replace three rental homes on a 4-acre strip at the village’s edge.
The council also voted to increase the hotel property’s size by moving the Southern Village boundary and to rezone the residential lots to mixed-use village, which allows taller buildings, denser development and more square footage.
The project’s second phase could add up to 40 apartments behind the Southern Village apartment district. It would be submitted to the town for approval at a later date.