It looks like this is the end of the line for the project called The Hillsborough. I think no one should be surprised by this as it has been reported in the past that the developers were facing an uphill battle securing financing. Now that it is official, we can move on. There’s no doubt that this land will become more valuable over time. You’ve got Campbell Law moving in across the street and easy access to Fayetteville St. and Glenwood South. Hillsborough St. is a major corridor in and out of downtown so the location is naturally great.
I’m going to bet that there is not a line of people ready to bid on the site and build a tower in these tough times so a temporary parking lot makes the most sense. Fill the hole and pave it over. It could be used by the Campbell law students and faculty. I’m sure the weekend church crowds may enjoy some prime parking right on Hillsborough St. too. It could even be used as a downtown construction staging area for Green Square, the Public Safety Center, or any other project in the nearby area.
Residents of The Dawson, enjoy your view a little longer.
- ‘The Hillsborough’ Construction Site | May 28, 2010
- Pic of the Week | February 4, 2020
- 301 Hillsborough, A Review | October 22, 2014
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