The Chamber of Commerce has submitted their quarterly Economic Development Report to the Spring Lake Board of Alderman. The following are talking points regarding current and future development in the town of Spring Lake.
Façade Improvement Update
- The Spring Lake Chamber of Commerce 2015 budget request to the Cumberland County Board of Commissioners has been denied
- The Spring Lake Main Street Façade improvement project is now on hold
- The Chamber and the Economic Development Commission are currently working with Cumberland County to add a budget amendment
Street Scape
- NC DOT has agreed to assist in phasing the Street Scape portion of the Main Street Master Plan
- The estimated cost is $800,000 dollars which includes (resurfacing of Main Street, expansion of existing sidewalks from 6 ft to 12 ft, paver bricks to create pedestrian walk ways, and to create a landscaped gateway on Spring Avenue
- Directional signage from HWY 87 to Main Street informative signs to direct vehicles to future businesses on Main Street
Main Street Overlay District
- The Overlay District is designed to attract more desireable businesses
- Designed to discourage current and future businesses that by all accounts do not add value to the overall feel of Main Street Spring Lake
Main Street Business Association
- It is part of the Spring Lake Economic Development Commission and the Spring Lake Chamber of Commerce to form and incorporate a Main Street Business Association
- The new Main Street Business Association (MSBA) will further the efforts of Spring Lake’s Main Street programs present and future
Main Street Special Tax Assessment District
- This tax will only be levied on Main Street property and business owners
- Proceeds collected will be dedicated to Main Street for infrastructure, utility relocation, additional street scape improvements and the operation of the MSBA
- Similar assessment districts have been implemented in the City of Dunn, Hope Mills, Holly Springs, and Fuquay-Varina
Neighborhood Revitalization and Stabilization Area
- Balsawood Green Community under construction (4 homes complete of the 18 single family homes)
- Proposal is on the table to redevelop all of the former Riverside mobile home park
- Proposal is on the table to develop 18 acres off of McNeil Street to develop single family housing to include disabled veteran single family housing with a physical therapy facilty on site
Third Street
- Billy Wellons has been acquiring property along Third Street
- Plans are to develop a professional complex similar to those on Robeson Street in Fayetteville
The Industrial Park
- Phase 3 of RLM development is under construction
- There are plans to sale the remaining 23.8 acres left in the park
North of Spring Avenue HWY 87
- A new strip mall is planned for the old Shell gas station
- There is interest in a Short Stop or Dunkin Donuts coming into the old tobacco shop on HWY 87 at Manchester road
- Discussions have begun to acquire additional acres along HWY 87 with the U.S. Army
- Negotiations are ongoing about the possible annexation of Linden Oaks in Harnett County
Sidebar: The Spring Lake Chamber of Commerce also has a façade improvement plan. The link is below.
http://www.springlakechamber.com/main_street_master_plan.aspx
