Hope Valley Commons
Yet Another Grocery Store?
Harris Teeter shopping center at corner of NC-54 and NC-751
Harris Teeter is said to be moving from Homestead Market to this new strip mall to be built behind Jiffy-Lube. Many neighbors are rolling their eyes. Commercial development at that intersection may be inevitable. But do we really need another grocery store, let alone another strip mall?
News Bite from Durham Convention & Visitors Bureau
Durham Convention & Visitors Bureau says: "26 acres at the southeastern corner of NC Hwy 751 and NC Hwy 54 rezoned in 2000 for shopping center and apartments; in early 2005, developers submitted new rezoning application for 160,800-sqft shopping center only."
News Bite on Developer's Website
According to developer Churchill & Banks of Providence, RI: "Hope Valley Commons is an 17.37 acre approved, to be built 128,785 square foot grocery anchored strip shopping center located at the intersection of SR-54 and SR-751 Durham, North Carolina just north of I-40. Demographics and growth are very strong with 49% population growth in the last 10 years. Annual household income exceeds $65 million within a 3-mile radius. The development anticipates the sale of three outparcels from the assemblage, and it will be anchored by a 40,000 square foot Harris Teeter grocery store."
Article from bizjournals.com
This 1998 article from bizjournals.com quotes Marvin Waldo, senior retail agent for Kane Realty in Raleigh, which will lease the shopping center for Rhode Island-based developer Churchill & Banks.
Planning Department Case#A05-03
This case is an application to change the Future Land Use Map of the Durham 2030 Comprehensive Plan. It changes the map so that future rezoning will be consistent with the Plan.
Plan Amendment A05-03 asks to designate another lot as Commercial and add it to the Hope Valley Commons shopping center area. The lot is sandwiched between Commercial-zoned property and Corps of Engineers land (part of the Jordan Lake project).
- Staff Report for case#A05-03
- Planning Commission approved with an 8-5 vote, 5/10/05, with objections mainly centering on increased traffic.
Traffic Impact Study
Traffic impact study in this Plan Amendment covered I-40 and NC-54, but not NC-751 — an omission that we do not understand.
NC-54 Capacity: 16,400 trips/day;
Latest Volume: 18,000 trips/day (109% of capacity);
This S/C would add 2,113 trips/day (bringing it over 122% of capacity)