GREENSBORO — Plans for a multi-million dollar development in downtown Greensboro will move forward after they were canceled at the end of April.
Interim City Manager David Parrish confirms to WFMY News 2 that both sides -- the city and The Carroll Companies -- are back in contact discussing the project.
"Both sides have been in contact since that time and continue to discuss the project. We will likely be sitting down again in the upcoming weeks to continue the conversations and options. Our community continues to grow and attract visitors, and we want to be in a position to help support growth and development with strategic investments," Parrish said in a statement on Friday.
The development is planned for Bellemeade Street between Edgeworth and Eugene, across from the Greensboro Grasshoppers’ stadium.
Roy Carroll, owner of The Carroll Companies, says phase one will include a $30 million parking deck. He says phase two will add a 15 to 20-story, mixed-use building with a hotel, offices and retail shops. The total investment is estimated at $110 million.
After months of negotiations, the city canceled with Carroll in late April citing conflicts with “Project Slugger.” That’s a planned 6-story office complex set to open on stadium property in late 2019.
The city committed to providing hundreds of parking spaces for Project Slugger and planned to use space at Carroll’s Bellemeade property.
The city had said the Bellemeade project’s timeline didn’t match up with Project Slugger’s and canceled plans with Carroll to build a parking deck-only at a different nearby property.
In April, Carroll told WFMY News 2 that the city only informed him of time constraints with Project Slugger the week before canceling and it didn’t make sense to cancel his project for a smaller one.
“Why would you punt potentially $110 million project for a 6-story office building? I guess only in Greensboro,” said Carroll.
Interim City Manager David Parrish told WFMY News 2 at the time that ultimately it was just time to move in another direction.
“I think Mr. Carroll is a tremendous asset to this community and we still intend on having a long-term relationship with that corporation,” said Parrish.
But apparently the city and Carroll have made amends and the project is once again moving forward.
