The Town Board in Cornelius delayed a vote for at least another day on the proposed Village at Lake Norman, a $516 million mixed-use development that may be the largest project ever considered in the area.

Commissioners had put off a vote Monday night after the latest installment in a lengthy public hearing lasted past 11 p.m.

On Tuesday, the board postponed their vote on the Village at Lake Norman rezoning request after Commissioner Jim Bensman was briefly hospitalized.

Mr. Bensman listened in by telephone as fellow board members asked last minute questions of representatives from Cornelius Bromont, the partnership of developers from Arizona and Huntersville that has proposed the project.

The session will reconvene at 5 p.m. today (Wednesday, April 23) where a final vote is expected. The board will consider the rezoning request as well as a list of more than 72 conditions that have been worked out between the developer and the town staff.
DOCUMENTS

The 72 conditions presented to the Cornelius board Monday, as negotiated by town staff and the developer. (some will be revised), (requires Adobe Reader) CLICK HERE>

Outline of proposed terms and assumptions for a financing the road improvements, including I-77 widening, (requires Adobe Reader) CLICK HERE>

LINKS

April 22, 2008, “Cornelius board delays vote on Village project”

April 21, 2008, “Cornelius board to vote on giant project.”
Village at Lake Norman project website.

Town of Cornelius project page, with site plan and planning staff analysis of the project

DavidsonNews.net’s David Boraks produced a 4½-minute radio feature on the project for WFAE-FM, 90.7. It’s available online at WFAE.org