'It’s Been a Good Investment,' Says Katherine Polk, a Resident of Chapel Hill’s Earliest Planned Development

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'It’s Been a Good Investment,' Says Katherine Polk, a Resident of Chapel Hill’s Earliest Planned Development

Story and photos by Henry W. Thomas Tucked behind the businesses of Rosemary Street and forming a loop at the end of Henderson Street is Chapel Hill’s earliest planned development. The 13 residences sit atop a hill on a street called Cobb Terrace, many of them more than a century old. Students who live in the nearby University Apartments walk past Cobb Terrace every day on their way to class, though for many, the neighborhood’s history is a hidd…