Deal Off For Fayetteville's Marinoni Property

Family To Seek Amendment To Master Street Plan

Posted: June 12, 2014 at 1:30 a.m.

FAYETTEVILLE-- An Alabama-based student housing developer is no longer under contract to buy land from Fayetteville's Marinoni family.

At A Glance

The Marinoni Property

The bulk of the 108 acres the Marinoni family owns southeast of Interstate 49 and Wedington Drive is zoned residential single-family — four units per acre. The City Council earlier this year rezoned about 19.6 acres on the northwest end of the property, closest to the Wedington Drive interchange. The new zoning permits the city’s most dense and intense development patterns, including large retail stores, restaurants or a hotel.

Source: Staff Report

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