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Spartanburg council approves first reading of development agreement for 95 townhomes on North Church Street
Summary
The City Council approved on first reading an ordinance authorizing a development agreement with Van Rock Holdings LLC for a 95-unit, $23 million townhome project on North Church Street, including 10% workforce units at or below 80% AMI; a second reading with minor edits is expected.
Spartanburg City Council voted on Aug. 26 to approve on first reading an ordinance authorizing the city manager to enter into a development agreement with Van Rock Holdings LLC for a 95-unit townhome-style development on North Church Street.
City Manager Chris Story presented the project as a $23 million private investment that would build 95 townhomes averaging about 1,550 square feet, mostly three-bedroom, two-bath units. Story said the project would include at least 10% workforce units restricted to households at or below 80% of area median income, with rents calculated under federal affordability standards.
Story also described a fee and local tax payment schedule the developer will follow, starting…
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