University Place renovations is nearing completion, will close mall entrance temporarily

CHAPEL HILL, N.C. (WTVD) -- Chapel Hill's University Place--formerly known as University Mall--renovations are nearing completion, and it is set to welcome new tenants soon.

Developers said they've put in a lot of thought to find the right brands to bring this place to life.

A Fifth Third Bank and Cycle Bar recently opened in the area. There are also plans to open Jeni's Splendid Ice Cream, Chick-fil-A, Chase Bank and a WakeMed MyCare.

Developers are also working on a green space called the Commons. The area will feature live music and other community events throughout the year.

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Owners say the reinvention includes exterior facing retail spaces where the former Southern Season was, a new apartment building and green space for people to gather.

To accommodate the additional tenants and growth at University Place, a new parking garage is under construction, adding 150 public parking spaces. The garage will feature a mural by a local artist.

Town leaders said adding art to the project allows them to reflect on shared culture and values in a particular place.

They are also adding another apartment community next door called 900 Willow with 253 units.

The community is nearing completion. Pre-leasing starts in the spring and move-ins are expected to start in the fall.

As construction continues, the Estes Drive entrance to the mall will close for renovations in the spring. Businesses will still be open.