New Bern approves annexation of Craven Thirty property
Updated On: Dec 12 2012 12:50:32 AM CST
The City of New Bern approved the annexation of a property that would allow the construction of a shopping, dining and movie production complex, one that could bring millions of dollars in revenue.
On Tuesday night, aldermen approved the annexation of the 550-acre Craven Thirty property, off Highway 70 near Bosch Blvd. The land was owned by the Weyerhaeuser Real Estate Development Company. Also approved Tuesday night were the development's final plans.
Both approvals were needed to begin constructing a movie production company at the property, which was expected to bring in more than $100 million in revenue.
Craven Thirty developers also needed to entice big-name companies to move onto the property, to help return the more than $250 million in retail revenue lost to out-of-town shopping.
Not everyone was happy with the Craven Thirty project, though. Some residents, living near Bachelor Creek, were concerned that plans to install water retention ponds on each side of Highway 70 would cause water to overflow into the creek.
Craven Thirty operations manager Taylor Downey responded to their concerns, saying,"the storm drainage system is above the standards of New Bern and the state of North Carolina. I assure this will not disturb any of our neighbors."
Craven thirty officials said they hoped construction of the movie production company would start in about four to six months.
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