August 26, 2021
Dear Blowing Rock Homeowners,
Some of you have been asking about the status of the Rainey Lodge Hotel project behind Speckle Trout which was approved by the Town Council just over two years ago in June 2019.
There are four conditions that must be met by the developer to start construction which means start “land-disturbing activity”.
I contacted the Planning Department who gave us a quick response to our questions. The developer has provided all final plans related to grading, storm water management, and site plan.
Construction cannot commence until erosion control measures have been installed and the developer has paid a performance bond to cover 125% of the cost of storm water drainage facilities, water and sewer utilities , sidewalks, full-site stabilization, proposed landscaping, and restoration of excavated areas. The Town’s engineer must approve the amount of the performance bond.
The deadline is November 15th which is the two year vesting rights plus an extension of time related to COVID allowed by NC legislation. After November 15th, the developer can apply for a six month extension that has to be approved by the Town Council.
So, we should know relatively soon if the project will proceed.