A developer has approval from the Chapel Hill Town Council to rebuild a key block of the downtown area. The council voted unanimously Monday night to approve the 123 West Franklin project, which would replace University Square.
The current development is separated from the front of Franklin Street by a parking lot. 123 West Franklin would include buildings on the front of Franklin Street with apartments as well as retail and office space. Mayor Mark Kleinschmidt says it will revitalize the area.