In 2002, the City of Fayetteville adopted the Downtown Renaissance Plan, a cumulative result of past
development efforts and a strategic plan flexible for Fayetteville’s ever-growing needs.
Investment at a Glance
$76,427,294 has been invested in construction since 2002:
- $21,599,387 from public entities
- $54,827,907 from private business
341 building projects
By most accounts the 2002 Renaissance Plan is a success. In almost ten years since its inception, most of the goals and objectives of the Plan, encompassing 3,000 acres, have been met and a majority of the projects outlined have been completed including Festival Park, the Transportation Museum and streetscape improvements to Person Street, Green Street and Franklin Street. Other projects have just been finished including the Franklin Street Parking Deck and the Hope VI project; however, downtown has changed considerably since the first adoption. Major projects such as NC Veterans Park and the 300 Block of Hay Street housing were not realized at the time of this adoption and have certainly changed our landscape as well as the recovering economy that stilted some projects right before they could fully lift off the ground.
We are now undertaking the next phase of downtown’s rebirth by incorporating the economic strategic actions and providing specific guidance to ensure continued vibrancy, quality design and improved public spaces. In the next year, we will be updating this plan based on the new landscape with new challenges so stay tuned for public meetings and this next phase. For any questions, contact the Downtown Development office.