Discussions about redeveloping the former Durham police headquarters site will continue as city officials try to agree on the property’s future.
On Thursday, the City Council ended negotiations with the Miami-based Peebles Corp., which had been hired to redevelop the 4-acre property at 505 W. Chapel Hill St. The firm had requested additional funding due to increased construction costs for its plan to build affordable housing, office, retail, and laboratory space.
Mayor Leo Williams said Peebles had provided the “best concept” for redeveloping the property and that ending negotiations didn’t mean the city would never work with the firm again…