Cottages Planned On Marinoni Land In Fayetteville
Development Could House Up To 800 University Students
Posted: March 11, 2014 at 6 a.m.
Members of Fayetteville's Marinoni family may have found a buyer for a large swath of land they own southeast of Interstate 540 and Wedington Drive.
At A Glance
Advisory Board Tables Request
The Fayetteville Parks and Recreation Advisory Board on Monday tabled a request from Capstone Collegiate Communities to pay the city $93,520 in lieu of parkland dedication requirements for a cottage-style development planned on 28 acres owned by the Marinoni family.
Board members were divided on whether to accept actual parkland for the development or have the developers pay money in lieu of parkland dedication.
Chairman Phillip Watson asked an engineer for the project to better define what areas of the development could be used as green space.
The issue is scheduled to again be heard at the parks board’s April 7 meeting.
Source: Staff Report
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