Greater Fayetteville Business Journal >>
By Savanah Ramsey
April 1, 2022 - April 14, 2022
Page 13
bizfayetteville.com
New residential development LUXURY COMPLEX UNDER CONSTRUCTION IN DOWNTOWN FAYETTEVILLE
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new residential development is headed to downtown Fayetteville off of Adams Street. The development represents a $5 million investment and brings 20 new units to the downtown area. In phase one of the project, there will be 12 units ready to be opened in May 2022. Bringing these apartments to Adam Street is a staple in making the area a more safe and clean area that people want to come to and live in. “Adding 40K+ gross square feet of new residential construction to our city's urban core will have a substantial impact on retailers' bottom line and downtown's walkability sense of place,” stated Bianca Shoneman, president and CEO of Cool Spring Downtown District. “The investment is the first of its kind being constructed by a local, Black-owned development company, RAJJ Investment Properties, Inc., and adding 60+ new residents is a win/win for our community and surrounding property values.” The project is headed up by Jerome Njuan Bell of RAJJ Investment Properties, Inc.
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GRAPHICS PROVIDED BY COOL SPRING DOWNTOWN DISTRICT
Phase one of the project will result in 12 units ready to be opened in May 2022. Eight units are planned for phase 2.
“I want to play a role in the community and with my tenants to create an atmosphere where people can interact with one another, while supporting local businesses downtown,” said Bell. As a high-end luxury complex, each apartment will have three bedrooms and two baths. Additionally, there is a lot next to the development
that Bell hopes to turn into a recreational space for tenants. “I’ve been here since 2003, and this change is to show that we are a city of heroes and hometown,” added Bell. “We need to bury the bad image of Fayetteville and play a part to become something more as a community.” The groundbreaking ceremony for the apartments was held in July last
year. “July 23, 2021, was by far one of the most special and amazing days of my life to date,” Bell told Greater Fayetteville Business Journal last year. “My father and family … all showed up to help me celebrate a major accomplishment — building my first apartment complex. With their continued love and support, I will be building many more.”
bizfayetteville.com
Western Cumberland County Route widening GILLIS HILL ROAD WILL BE IMPROVED UNDER NEW NCDOT CONTRACT
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stretch of Gillis Hill Road in western Fayetteville will be widened and see new improvements, the North Carolina Department of Transportation says. The 1.1 mile stretch between Stoney Point Road and Raeford Road is under contract with W.C. English Inc. for $22.6 million and will be widening from two lanes to four. The project also includes concrete curbs and gutters. The installation of a drainage system and a raised median will improve safety. Additionally, the bridge over Little
NCDOT predicts a 24 percent increase of vehicles per day on Gillis Hill Road two decades from now.
Rockfish Creek will be replaced with two bridges to accommodate the wider road. The project is expected to ease
congestion and plan for anticipated growth. According to NCDOT, on average, 25,000 vehicles travel on Gillis Hill Road a day. The volume
is expected to increase 24 percent to 31,000 vehicles a day in 20 years. Construction is expected to begin in July and will be phased, allowing the original two-way path and bridge to remain open as half of the new road is being constructed. Once the new construction of the road is completed, traffic will transition to the new pavement while the existing pavement is being rebuilt. The project is scheduled to be completed and fully opened by the fall of 2024.
