MONROE – County commissioners shot down a rezoning project that would have brought 264 apartments, 60 townhomes and 70 houses to 58 acres off Poplin Road and Bonterra Village Way in Indian Trail.
Commissioner Richard Helms was willing to approve the project if the developer agreed to a condition to not have any three-bedroom apartments. But Stony Rushing went a step further – making a motion to deny the request.
“I think there’s some desire by Indian Trail to control what goes on with this property,” Rushing said. “I have no problem with letting them decide that in the future.”
The project was proposed for an area identified for medium to high density in the Secrest Short Cut Small Area Plan, but Rushing expressed concerns about a lack of utilities there and another large project nearby approved by Indian Trail.
Commissioners also approved nearly $5.4 million incentive grants over seven years to ATI Specialty Materials. The grant helps secure a $140 million investment in a new building up to 200,000 square feet and equipment to increase capacity, according to Chris Platé of Monroe-Union County Economic Development. Ten jobs would be created.
The county also agreed to sell nearly 125 acres in its future industrial park along Goldmine Road to ATI Specialty Materials for $6.5 million.
Not only does ATI’s project mark the second largest capital investment for an economic development project, but it also takes the county to more than $1 billion in aerospace investment since the initiative began in 2002, Platé said.