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Community Redevelopment Agency says it completed purchase of 3.2 acres on Davie Road
Summary
At a short CRA meeting, a board member announced that the town and the Community Redevelopment Agency completed purchase of 3.2 acres comprising the former Flashback McDonald's and Wendy's on Davie Road; no purchase price or next steps were disclosed.
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Board member Holsey told the Community Redevelopment Agency during the meeting that the town and the CRA completed the purchase of 3.2 acres that include the former Flashback McDonald's and Wendy's properties on Davie Road. "Just 1 quick comment. I just wanted to let the board know that the town and the CRA completed the purchase of the 3.2 acres," Holsey said, and added the transaction closed following the board's direction at the June meeting.
The announcement noted the purchase was completed "following your direction at the June meeting," and Holsey thanked staff members identified only by first name: Rick, Allen and Cheryl, for their roles in completing the transaction. The meeting record did not include a sale price, funding source, or a formal motion approving this closing during the session.
The CRA approved the meeting's consent agenda by voice vote before the announcement; the chair said the vote was unanimous. The purchase report was presented as information to the CRA rather than as a new action item: the board did not take a vote at this meeting to authorize the acquisition, and no next-step direction or timeline for redevelopment of the site was provided on the record.
No additional documentation, such as the purchase agreement, funding breakdown, or a planned redevelopment timeline, was presented or referenced in the transcript excerpt. The CRA meeting included the routine roll call and a police department report; the purchase comment was the only substantive real-estate update recorded in the available transcript segment.
Board members and staff who were present were listed on roll call, but the transcript excerpt does not provide full names or titles beyond the honorifics used in the meeting. The record states only that the town worked with the CRA on the acquisition and that the closing completed earlier staff and board direction from June.

