Pittsboro Town Board signs interlocal agreement for downtown redevelopment with Chatham County

The Pittsboro Board of Commissioners held a significant meeting on May 12, 2025, addressing key developments that promise to shape the future of the community. Among the highlights was a request from the Pittsboro ABC Board to retain 40% of its excess working capital, aimed at funding a new store location. This move is expected to enhance revenue for the town, with the ABC Board chair, Jamie Theocco, emphasizing the potential for increased financial returns as the town continues to grow.

The ABC Board has recently received its certificate of occupancy for a new store, with plans to open soon. Theocco noted that retaining a portion of the working capital would allow for more agile responses to future opportunities, particularly in securing a third store location. The motion to approve this request was met with unanimous support from the commissioners, reflecting a shared commitment to bolstering local business and economic growth.

Another major topic of discussion was the interlocal agreement with Chatham County for a redevelopment planning project. The town and county have partnered to explore the potential of several publicly owned properties in downtown Pittsboro. The selected consultant, Bolton Mink, presented a comprehensive plan that includes market analysis, site due diligence, and community engagement strategies. This initiative aims to revitalize the downtown area, ensuring it remains competitive as new developments arise in surrounding regions.

Commissioners expressed gratitude for the collaborative efforts between the town and county, highlighting the importance of engaging the community in the planning process. The agreement is structured to share costs equally between the town and county, with the town taking the lead on the project. This partnership is seen as a crucial step toward enhancing the vibrancy and attractiveness of downtown Pittsboro.

In conclusion, the meeting underscored the Board of Commissioners' proactive approach to economic development and community engagement. The decisions made are expected to have lasting impacts on local businesses and the overall character of Pittsboro, aligning with broader goals of growth and revitalization in the area. As the town moves forward with these initiatives, residents can anticipate a more dynamic and thriving downtown environment.