In a recent government meeting, discussions centered around a proposed Planned Development District (PDD) for a significant multifamily and commercial project in Cary, North Carolina. The proposal encompasses approximately 48 acres adjacent to Regency Park and aims to introduce up to 750 multifamily units, a 150-room hotel, and 60,000 square feet of office space, among other commercial uses.

The rezoning request is currently in the early stages of review and has not yet been scheduled for a public hearing. The development plan includes provisions for affordable housing, with a commitment to provide at least 38 affordable units, representing about 5% of the total units. These units would cater to individuals earning 80% or less of the area median income, as well as those earning 60% or less, for a duration of 30 years.

Key features of the proposal include the integration of green stormwater infrastructure and electric vehicle (EV) charging stations, with a minimum of 3% of parking spaces designated for EV charging. The plan also emphasizes pedestrian connectivity, proposing a 15-foot wide multi-use path along Regency Parkway and a future pedestrian bridge across US 1.

However, the proposal has faced scrutiny from local residents, with 46 written comments submitted in opposition or expressing concerns. Key issues raised include traffic impacts, particularly during events at the nearby Koka Booth Amphitheater, and the adequacy of infrastructure to support the increased density. A traffic study indicated that improvements would be necessary at several intersections, but the applicant has declined to commit to all recommended off-site improvements.

The applicant, Cypress Real Estate Advisors, argues that the development aligns with the town's community plan by providing much-needed multifamily housing and commercial options in an area currently lacking such amenities. They assert that the project will enhance the local economy and provide additional services to existing residents.

As the review process continues, the community remains engaged, with further discussions anticipated as the project moves toward a public hearing. The outcome of this proposal could significantly reshape the landscape of the Regency Park area, balancing the need for development with community concerns.