What is the Golden Belt Historical District in Durham, NC and why should home sellers and home buyers care? The local historic designation helps protect the character of Durham's most intact historic mill village. That is a mouthful to only say that certain types of buildings will be allowed, zoning will be restricted and the use of certain building materials is restricted.
The boundries are roughly Elizabeth Street to the west, and extends east acrooss Alston Ave to Holman St. The northern boundary runs along the former Golden Belt factories and Taylor St. The south includes parts of East Main Street and Morning Glory Ave.
The Golden Belt Co. built factories and also houses in the mill village. Several properties are on the National Historic Register as well. The designation discourages tear-downs and is aimed at slowing down gentrification. Residents are worried that once the McMansions start being built the affordability of the entire area is in jeopardy. Right now most of the homes are modest, affordable and close to downtown and that is a good thing.
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