setting the standard for redeveloped
urban environments

Grubb Properties has been a part of Glen Lennox for more than 30 years. As owner and property manager, it holds a special place in our hearts – the founder of our company, Robert Lay Grubb, once lived at Glen Lennox. We are dedicated to making sure that, through thoughtful redevelopment with community input, Glen Lennox will remain as relevant for the next 70 years as it has since 1950.

Grubb Properties is committed to valuing the nearly 70-year history of Glen Lennox as exemplified in the development principles we crafted together with the residents and the Town of Chapel Hill. For example, the following elements will ensure the preservation of the character of Glen Lennox:

• Winding streets lined with lush landscaping and trees
• Pedestrian-friendly accommodations
• Re-use of bricks from original Glen Lennox buildings
• New building, street, and other space names that speak to the history of Glen Lennox
• A range of offerings available in the community, including a number of preserved cottages, as well as the shopping center

In more than 100 community meetings to date, Grubb Properties CEO Clay Grubb and other top executives have worked and continue to work closely with all stakeholders, including Glen Lennox apartment residents, neighboring residents and businesses, and Town of Chapel Hill officials. Stakeholders shared what they hope to keep in their community and what they wish to add. The result was a community consensus for the entitlement plan, which is publicly available. Grubb Properties is committed to continuing this open dialogue and transparency throughout the development process.

Construction for the first buildings is projected to begin in the summer of 2018, and will begin at the southwest corner of Brandon Road and US 15-501. The first phase will include:

• A new clubhouse and leasing office
• New apartment homes under the Link Apartments® brand
• A publicly accessible outdoor recreation space
• A new traffic signal and entrance into Glen Lennox from US 15-501 to make the intersection safer and to help with traffic flow.

Future potential uses include retail, grocery, restaurant, office, open spaces, and additional residential offerings.

The short answer is, “We don’t know.” Grubb Properties is committed to Glen Lennox for the long term, and our redevelopment vision is spaced out over more than a decade. More than 60 Grubb Properties team members and consultants are actively engaged in determining the sequence and timing of the redevelopment. As those decisions are made, we will share them with the community as part of our commitment to a transparent process.

Grubb Properties is committed to energy efficiency, so all the buildings constructed will meet National Green Building Standard and LEED (Leadership in Energy and Environmental Design) targets. Additionally, we will:

• Improve the insulation, wiring, and ventilation on the original Glen Lennox buildings
• Reuse bricks from the current buildings
• Install energy-efficient windows and appliances
• Install water-efficient plumbing and fixtures
• Use low-VOC paints and flooring
• Implement sustainable landscaping, including planting only native species

As part of our development agreement, we created an overall tree management and maintenance program. We also have catalogued and mapped all significant rare and specimen trees on the property. These efforts will allow us to ensure that we maintain the diversity of trees in Glen Lennox, ensure individual tree health, and monitor the life cycle of trees on the property. Although some trees will be coming down to make room for new buildings and street improvements, we are partnering with TreeCycle America to find ways to recycle and reuse the wood. We also will plant new trees, which can benefit the tree canopy over the long term by replacing older trees with new and healthy ones.

Residents will be notified of construction-related events via email in a timely fashion with as much advance notice as we can provide. In addition, GlenLennoxVision.com will have regular construction updates and pictures of progress. Residents should contact the management team at (919) 967-2005 with any immediate concerns or questions.

Approximately 50 units will be affected by the first phase, and those residents have all been notified, with most choosing to stay at Glen Lennox. Any later effects to existing residents will be shared with ample notice before their lease-term expiration. Residents who are affected and choose to relocate within Glen Lennox will be given a $1,000 relocation allowance. Additionally, all affected residents who have lived at Glen Lennox for at least five years can move to a similar home (or larger if no similar ones are available) in the existing cottages for the same rent as their current apartment, with a cap on annual renewal rates.

Grubb Properties is committed to finding solutions to the housing shortage crisis faced by many Americans in the workforce who cannot afford the price of a new apartment or home. In partnership with the Chapel Hill-Carrboro Chamber of Commerce, we are dedicating some units at Glen Lennox Apartments to be part of an innovative pilot “master leasing program” to help working people rent apartments near schools, employment centers, and retail. Additionally, we value and encourage long-term residency. The Glen Lennox Development Agreement, along with our company-wide Long-Term Resident Program, limits rent increases for residents who have lived at our properties for at least five years. Not only does this provide financial stability and certainty for our residents, but it results in a better community for all.

Our redevelopment plan was designed considering the needs of motorists, pedestrians, and users of other forms of transportation, and we are including design elements that prioritize non-car-based travel such as walking, biking, and taking public transit. The site design includes:

• A new entrance and signalized intersection on US 15-501 and an improved entrance at NC 54 to allow motorists to easily access the neighborhood
• Access to multiple local and regional bus routes
• Bicycle paths, bike rooms, bike parking, and bike-related street signage
• Sidewalks around and through all blocks to make for easier and more enjoyable walking

We also continue to work with Chapel Hill Transit regarding the expansion/addition of bus schedules and routes that serve Glen Lennox.

The first three phases, which represent only 48% of the property, are projected to generate millions of dollars in total in new property tax revenues over the next ten years for both the Town and Orange County. These new buildings will require hundreds of construction workers over the years. Once built, the residential buildings will be home to new community members, who will patronize our local businesses. The commercial buildings will become centers for jobs, shopping, and dining.

Preserving the character of the shopping center is an important element highlighted in the Development Agreement. Approximately 100,000 square feet of new retail and restaurant space, as well as a hotel, are contemplated in the Development Agreement concept plan for the area next to the shopping center off of NC 54 along the Hamilton Road entrance corridor. Combined, these two areas will create a vibrant “village center” area. Our goal is to attract tenants that the community desires and supports. We believe retailers will be attracted to Glen Lennox’s unmatched visibility and access to Chapel Hill, as well as the opportunity to design space that meets their needs with predictable permits made possible by our long-term Development Agreement. We also seek like-minded tenants, partners, and owners attracted by Glen Lennox’s vision of a mixed-use, accessible, sustainably-oriented, inclusive neighborhood with a range of housing options and variety of open spaces.

The Development Agreement is a public document that anyone can read. It defines the Guiding Principles for the redevelopment and details the standards and processes the redevelopment must adhere to. On a high level, the plan aims to:

• Provide a range of housing options for current and future residents
• Promote a vibrant and connected community
• Create a connected community that links neighborhoods, businesses, and schools through greenways, sidewalks, bicycle facilities, and public transportation
• Create future land use, form, and density that strengthen the community, social equity, economic prosperity, and natural environment
• Protect neighborhoods from the impact of development such as storm water runoff, light and noise pollution, and traffic
• Provide a level of certainty to both the Town and the developer that makes planning for such a large and long-range project feasible.