Davidson’s Controversial Beaty Street Development Plan Scrapped

DAVIDSON, NC -- Davidson’s controversial Beaty Street development plan anchored on the sale of 19 acres of town property for high-density housing has been cancelled, Mayor John Woods said Friday.

The project fell apart after the town and developers were unable to agree on terms during contract negotiations, the Town of Davidson said in a statement.

“In an effort to do what’s best for the town at this time, we will not proceed with the ‘Luminous’ proposal on the town’s Beaty Street property,” said Mayor John Woods. “This current board of commissioners will not pursue development of this land, but options could be considered for the property going forward.”

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In July, Davidson’s board of commissioners narrowly approved the sale of 19 acres of tree ladened land owned by the town for high-density development, despite intense criticism from community members.

Commissioners voted 3-2 to approve the sell of the tract of land along Beaty Street valued at $1.65 million for the Luminous development, The Charlotte Observer reported. The plan, officials said at the time, would have generated about $350,000 in tax revenue annually, and called for 138 housing units, a 135-room hotel, 28,000-square-feet of retail, a community center, and a park with walking trails, according to the newspaper.

Town residents who opposed the sale, however, vowed to challenge the deal in court, the paper said.

Image via Town of Davidson

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