Could the existing library building be renovated for the project?

Early on in the project, adaptive reuse of the existing library building was explored and researched. However, it was determined by the previous development team that the amount of work needed on the existing building to accomplish the goals of having a state-of-the-art library and museum in downtown would not be cost-beneficial when compared to the development of a new structure. Cape Fear Development took a fresh look at those findings, challenged them and ultimately came to the same conclusion that adaptive reuse is not feasible from a cost standpoint for this building. 

In addition, by constructing the library and museum on the north side of the block, it ensures that the existing library will remain open until the new library is completed and can open.

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1. What is the goal of the project?
2. What is Cape Fear Development's involvement in the project?
3. What is outlined in the new development agreement?
4. How will the project be financed?
5. What would the new public facility include?
6. What services will the library have?
7. What services will the museum have?
8. What happens to the current Cape Fear Museum building?
9. Could the existing library building be renovated for the project?
10. Is parking on the block being factored into the project?
11. What will be on the private side of the block?
12. What are the benefits of a Public Private Partnership for this project?
13. What are the next steps for the project?
14. What is the history of Project Grace?