What is the Pokeberry Creek Mitigation Bank?
In this explainer, we dive into the complex environmental and regulatory debate surrounding the proposed 108-acre Pokeberry Creek Mitigation Bank in Chatham County, North Carolina.
Developer partner Vivus Viridis proposed restoring streams and wetlands in the Cape Fear River Basin to generate environmental credits. However, the U.S. Army Corps of Engineers (USACE) delivered a determination declaring the project unsuitable in its current configuration.
We break down the primary ecological concerns, interagency warnings, and how this federal decision impacts local real estate development and zoning petitions like Fearrington Preserve.