The Lot Five public parking lot has been redeveloped into 140 West Franklin. This highly visible project along the mid-section of Franklin street will stimulate future development in this main commercial thoroughfare of the town of Chapel Hill. 140 West is designed to provide an exceptional urban living experience for individuals, couples and families. Honest, innovative, urban architecture provides an opportunity to live in the heart of an exciting and vibrant college town, while providing security, preserving privacy and embracing community. The project is designed to meet the sustainability guidelines set forth by the Town of Chapel Hill.