TO: Mayor and Members of City Council
THRU: Jodi Phelps, Assistant City Manager
Gerald Newton, Development Services Director
FROM: Jennifer C Baptiste - Development Ombudsman/Special Project Coordinator
DATE: May 26, 2026
RE:Title
P26-17. Conditional Rezoning of a parcel addressed as 120 N. Cool Springs Street, REID number 0437738825000 currently zoned as Downtown - 2 (DT-2) to Downtown - 2/Conditional Zoning (DT-2/CZ), consisting of .42 acres ? and being the properties of the J & L REI Holdings, LLC., represented by Jonathan Acevedo.
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COUNCIL DISTRICT(S):
Council District(s)
2 - Malik Davis
b
Relationship To Strategic Plan:
Goal II: Responsive City Government Supporting a Diverse and Viable Economy
? Objective 2.1 - To ensure a diverse City tax base.
Objective 2.2 - To invest in community places to ensure revitalization and increase quality of life.
Goal IV: The City of Fayetteville will be a highly desirable place to live, work and recreate.
Objective 4.5 - To ensure a place for people to live in great neighborhoods.
Executive Summary:
The subject property is currently owned by J&L REI Holdings.
The applicant is requesting to conditionally rezone approximately 0.47 acres or 20,473.2 square feet located at the corner of N. Cool Spring Streets and Adam Street addressed as 120 N. Cool Spring Street. The parcel is currently zoned as DT - 2 and is seeking to be rezoned to DT - 2/CZ.
The subject property has direct access onto either N. Cool Spring Street or Adam Street.
The property is served by public water and sewer and has not been the subject of a rezoning application within the past five years. This request is not associated with an annexation.
On April 14, 2026, the Zoning Commission voted unanimously to recommend City Council approve this conditional rezoning request.
Background:
Owner: J&L REI Holdings
Applicants: Jonathan Acevedo of Ace Development Group, LLC.
Requested Action: Conditional ...
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