The new development near University of North Carolina Chapel Hill was called the 'Bicycle Apartments.' Students would bike or walk to campus so a parking reduction was granted. The apartments have been rebranded LUX — now a parking shortage exists.
Hat tip to Pat Carstensen.
Related articles:
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"Chapel Hill’s Bicycle Apartments to break ground," Triangle Business Journal, May 8, 2013
FULL STORY: How Chapel Hill’s “Bicycle Apartments” Became LUX

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