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Developer Blaine East shared new details about his ambitious plan for Little River Resort with the Carthage Board of Commissioners on Wednesday.
The Apex businessman has spearheaded several commercial projects in Moore County over the years, including the Southern Pines shopping center currently anchored by Kohlâs on Brucewood Road. East told the commissioners that Little River, which he and his associates bought in March, will be one of his largest ventures to date.
âIâm going to leave this as my legacy,â he said.
A medical complex, shopping plaza, winery and celebrity chef-affiliated restaurant are among the attractions East hopes to place on the 585-acre property. Parts of the concept are similar to a mixed-use development that East pitched to Pinehurst leaders in 2014 â a project that never materialized.
The Carthage Board of Commissioners has adopted a $5 million budget for the upcoming fiscal year.
Residents will not see an increase in their current tax or utility rates under the budget, which was approved during Wednesday s board meeting. Tom Robinson, manager of Carthage, said the financial plan is virtually identical to the one adopted last year by the commissioners.
âThereâs not a lot in this budget thatâs different from the current-year budget,â he said.
The budget earmarks $3 million for the townâs general fund and about $2 million for the water and sewer fund. It also includes $700,000 in coronavirus-relief funding through the American Recovery Act, money that Robinson has recommended to be set aside to help âdefray large capital expenditures that are expected in the next two years.â
The Moore County Board of Education, fresh off a meeting that ended in a shouting match, kicked off an eight-hour work session on Monday with unanimous approval of the district’s
The Carthage Board of Commissioners on Monday approved a zoning request that clears the way for nearly 80 multi-family apartments at the intersection of U.S. 15-501 and Union Church Road.
The request was submitted by Greenway Residential Development, a Charlotte company that plans to build an apartment community on the 13-acre property. Mark Richardson, assistant vice president of Greenway, said the company was attracted to the site because of its proximity to Food Lion and Walgreens.
âThereâs a huge need for apartment rentals in Moore County and in Carthage,â Richardson told the commissioners. âOur market study shows thereâs a need for at least 350 household rentals, and weâre only doing 78.â