Remember back in 2012, all the buzz about Craven Thirty? All that sweet, sweet new retail space, a multiplex theater, and new neighborhoods? You probably also remember how last year Craven Thirty morphed into West Craven, with less focus on business and more focus on residential.
Now, more than a year later, West Craven has emerged into the public eye again. Its developer, Weyerhaeuser NR Company, is asking for the city to enter into a development agreement. It is on the Board of Aldermen’s agenda for next Tuesday, when the board is expected to set a date for a public hearing.
And this latest version of West Craven looks a lot like the original Craven Thirty, but with even more commercial space.
The city entered into a development agreement with Weyerhaeuser Real Estate Development Company in September 2010 for what was to become Craven Thirty. The city annexed the 550-acres Craven Thirty property in December 2012.
A ribbon cutting was conducted by then-Gov. Bev Perdue, and construction was announced to begin in spring 2013. Some streets were put in, along with other infrastructure, but nothing else was built during he intervening six years. Blame the economy.
The revised and renamed project would include just under 250 acres for residential development, just under 250 acres of commercial development, just over 47 acres for light industrial, and just over 27 acres of agriculture forestry district with low-density residential uses.
The plan calls for a total of 1,500 residential units phased in over 15 years, 500,000 square feet of non-residential space, a 150-room hotel sometime during the first five years, and 10 acres for a private school, also during the first five years.
The agreement establishes the development phasing sequences for the project, establishes a Master Development Plan and development review process that can accommodate the timing, phasing and flexibility of the project, coordinates the construction and design of infrastructure that will serve the project and the community at large, confirms the dedication and/or provision of public amenities by the developer, and provides assurances to the developer that it may proceed with the project in accordance with the approved original zoning and the terms of this agreement without encountering future changes in ordinances, regulations, technical standards or policies that would affect its ability to develop the relevant parcels under the approved zoning and the terms hereof.
The project will include small neighborhoods, a walkable village area, and connections to open space that will “support and reinforce the City of New Bern as an attractive place to live, work and recreate.” The size and scale of the project requires a long-term commitment of both public and private resources and requires careful integration between the programming of public capital facilities, the phasing of development and the development review and approval process.
The West Craven site is well suited for access from all parts of New Bern, or it will be. It is located at the intersection of U.S. 70 and the N.C. 43 connector. There are plans to extend the N.C. 43 connector from where it now ends just west of U.S. 70, all the way through to U.S. 17.