Town of Davidson Approves Land Sale For High Density Development Amid Protests

DAVIDSON, NC -- The Town of Davidson’s board of commissioners narrowly approved Tuesday night 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 Beatty Street valued at $1.65 million for a development called “Luminous,” The Charlotte Observer reported.

The plan, which would generate about $350,000 in tax revenue annually, calls 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. (Sign up for our free daily newsletters and Breaking News Alerts for the Davidson Patch. iPhone users can download the Patch app in the App Store. Plus, like Davidson Patch on Facebook.)

Town residents who oppose the sale, however, are vowing to challenge the deal in court, the paper said.

The sale won’t go through officially for several months. The July 11 vote kicks off a 30-day formal negotiation period, followed by an additional 30-day period for upset bis. Then, the developers would have six months for due diligence before closing, the Observer said.

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Photo courtesy of Town of Davidson