A pair of local developers have set their sights on building a five-story building with apartments and street-level retail on Hillsborough Street.
Todd Saieed, president and CEO of Dewitt Carolinas, said his firm is collaborating with Blue Sky Services on the project, which would be located at the site of auto repair shop J&J Automotive at 2812 Hillsborough St.
That’s across the street from 105 Friendly Drive, a new building with first-floor retail and apartments that was co-developed by two principals of Blue Sky.
That building opened in time for the fall semester at N.C. State University and already is fully leased, Saieed said.
“It’s a proven model,” he said.
The current zoning of the 1812 Hillsborough site, which is under contract, would limit the project to four stories, Saieed said. But the developers are hoping to have the site rezoned.
“We’re looking at a mixture of one-, two- and three-bedroom units,” Saieed said. “Another level would certainly help the economics of the project.” The building would accommodate about 25 apartments.
“We think the request is reasonable,” he continued. He noted that the property is lower along Hillsborough, “so really when we’re asking for five stories, when you get to the rear of the site it’s essentially going to be four stories” high.
Blue Sky officials couldn’t be reached for comment.
The architect for the project, Ted Van Dyk of New City Design Group, is scheduled to present plans to the Wade Citizens Advisory Council on Sept. 27. New City has been involved with other projects along Hillsborough Street, including 105 Friendly.
“To us, it’s an improvement to Hillsborough Street with a use that has plenty of demand,” Saieed said.