Coined "The Coolest Small Town," Fayetteville could be getting even cooler. Local business owner, Adam Stephens, is proposing new commercial development to the historical downtown area.
Stephens' development of the Henry Street Project would bring more businesses and green space to Fayetteville.
"Immediately after the release of plan, there's a lot of excitement about it. A lot of people didn't know I was trying to go in this direction and have it to this caliber," says Stephens, current owner of Marathon Bike Company and developer of the Henry Street Project.
If the project is approved, city officials hope this would mean more local jobs and revenue.
"I think it could mean a lot of exciting things and improvements to an area of town that is in need of improvement," says Bill Lanham, Town Superintendent for Fayetteville.
The Henry Street Project spans the block between Maple Avenue, Court Street, and Fayette Avenue. It would double the amount of parking spaces on that block, plus bring short term construction jobs and long term commercials to the area.
"We're pretty excited about that. A minimum of nine new commercial spots will be brought to Fayetteville in the full completion of the project," says Stephens.
Stephens acquired the land two years ago and named the project after his grandfather. Since then, he's been working to clear debris and overgrown landscape.
The finished project would include new space for his business, Marathon Bike Company, plus more new office space.
His next goal is set for summer 2013. Stephens hopes to have the historic Dickerson house fully renovated and filled with two businesses.
"We've completely rebuilt the front porch. We've gutted the interior. So we kind of know where we're starting from," says Stephens.
The parking area and sidewalks for the Henry Street project are up for approval at the Fayetteville Planning and Zoning meeting January 14, 2013.