Fayetteville won’t be the only local municipal with a massive mixed-use development, following a rezoning approval at Thursday night’s Tyrone Town Council meeting.
The new Community Mixed Use zoning clears the way for Sandy Creek Corners, a project encompassing nearly 45 acres at the corner of 74 and Sandy Creek Road, directly beside the coming Founders Studios complex for film and television production.
Bill Foley presented the early conceptual drawings for Sandy Creek Corners. A central core of the project would be a boutique movie theatre and green space, with commercial, restaurant, office, and residential space throughout. In many sections, there would be commercial on the lower level and office or residential above. A hotel is also in the early plans.
The early proposal calls for 100,000 sq.ft. of retail space, 35,000 sq.ft. of restaurant, 76,500 sq.ft. of office, 30,000 sq.ft. of multi-purpose, 60,000 sq.ft. for a hotel, 21,000 sq.ft. for town homes 101,000 sq.ft. of loft space, and 33,000 sq.ft. for a movie theater.
There would be pedestrian linkage throughout, as well as a connection to Tyrone’s multi-use path system, including an easy route for students to get to nearby Sandy Creek High on Jenkins Rd.
“Nowadays, people are looking for ways to interface with their neighbors, with their friends, and have that experience with them face-to-face,” said Foley. “It’s a great place to come and meet.”
Foley noted that, in addition to jobs created, the project would bring in an estimated increase of $1.7 million in tax revenues for the county, school system, and Tyrone.
Currently, most of the land is zoned for what would likely allow for an office park.