by Sarah Melton
The City of Mount Holly will hold a public hearing Jan. 10 for its first annexation case in five years.
Crescent Resources, a Charlotte-based real estate company, plans to develop Mount Holly Business Park, a commercial and industrial business park, on a 117-acre tract.
The company says it is interested in building the park due to a lack of smaller warehouse and distribution space that is between 40,000 and 60,000 square feet in the Charlotte region.
The park will be built on Mountain Island Lake between the city’s water treatment plant and Mountain Island Lake dam.
But in order to be viable, the park would need access to Mount Holly’s water and sewer utilities and that would require the town to annex the track.
“We have had several positive meetings between the staff and the applicants to discuss water, sewer, land use, access, etc,” stated city senior planner Greg Beal in an agenda memorandum. “This appears to be an excellent opportunity to grow our commercial tax base.”
Crescent Resources has requested annexation, which would be contingent upon the council approving its request to rezone the land from residential to heavy industrial. The first public hearing will be Jan. 3 with the city’s Planning Board, followed by another hearing with council Jan. 10. The public hearing does not commit the city to rezoning and annexing the property.
The council will have 180 days to make a final decision after holding the public hearing.