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Raeford council approves rezoning for 48-unit apartment at 124 W. Palmer St., contingent on funding
Summary
The Raeford City Council unanimously rezoned 124 W. Palmer St. from Highway Commercial to RMF-12 to allow a 48-unit apartment complex, but approval is contingent on the developer securing competitive tax grants within 12 months; the purchase agreement includes a clause reverting zoning if funding fails.
The Raeford City Council on April 3 unanimously approved a request to rezone 124 W. Palmer St. from HC (Highway Commercial) to RMF-12 (Residential Multifamily) to accommodate a proposed 48-unit apartment complex, contingent on the developer securing required tax grant funding within 12 months.
Felecia Locklear, the city’s Code Administrator, presented the planning staff review and said the site is inside city limits, approximately 4.94 acres, and was identified in the City of Raeford 2030 Land Use Plan as part of a mixed-use node appropriate for higher-density residential development. Locklear told the council the…
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