Build in Fayetteville? 158 lots are still left

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Build in Fayetteville? 158 lots are still left

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A review of the monthly report filed by the Fayetteville Planning and Zoning Department for February showed 158 available lots remaining in the city’s 19 subdivisions.

The February report noted 158 single-family residential lots remaining of the 1,033 approved by the city since 1998, with 875 for which permits have been issued in Fayetteville’s 19 subdivisions.

A breakdown of the remaining lots showed 70 of the 77 available at the new Oakleigh Manor on Beauregard Boulevard, 67 of the 173 lots at The Villages at Lafayette, 11 of 51 at Farrer Woods, eight of 45 lots at Stonebriar West Phase II, one of 30 at Clifton Lakes and one of 49 at Dickson Springs.

The report did not include single-family lots to be sold at Pinewood Forrest on Veterans Parkway. The first sale of those lots is expected to begin in the coming weeks. At build-out, the residential areas of Pinewood Forrest are expected to include approximately 1,300 single-family homes, micro-cottages, multi-family flats, townhomes and tree homes.

The February report also showed the percentages of retail, office and industrial vacancies in the city.

Retail vacancies were reported at 6.5 percent, the same percentage seen for the past four quarters. Industrial vacancies remained at 5 percent, the same rate experienced since the second quarter of 2016.

Office vacancies were listed at 12.82 percent in the second quarter of 2016 and continued to fall, now positioned at 9.7 percent today.

Another area of the report dealt with impact fees and permits and inspection fees collected by the city.

The city collected a year-to-date total of $96,937 in fees. That compares to $58,895 collected for the same period a year ago.

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