Flat Iron Development Agreement Amendment

At a glance

Based on auto-generated captions; names and details may be misheard.

• What: Amendment No. 1 to the development agreement for the Flat Iron project at 602 West Chatham Street and 523 Old Apex Road.
• Where it stands: approved unanimously September 24; the town's potential reimbursement drops from up to $2.5 million to about $1 million, 50 units are added and 271 parking spaces are locked in.

Sources

• 2026-09-24 - Town Council Meeting (video of the September 24 meeting, auto-captions)

Log

• 2026-09-24 - Town Council Meeting - approved unanimously September 24; the town's potential reimbursement drops from up to $2.5 million to about $1 million, 50 units are added and 271 parking spaces are locked in.