According to this story in the Triad Business Journal, an 80 acre tract in north High Point has been approved for a rezoning by that will allow for a multifamily development on about 10 acres of the tract:
The parcel is located along the east side of Eastchester Drive south of Regency Drive, near an existing Sheetz store. Easter, a managing partner with Triad Commercial Properties, is the manager for two entities that own the land, SDL Johnson City LLC and SL Wendover LLC.
Easter declined to discuss specific plans, but confirmed that the rezoning will allow for a portion of the property to have a multifamily development.
“We are leaving 90 percent of the uses in place,” he said.
High Point City Council still needs to approve the rezoning request, which will be presented to the council on December 17.