UNC Chapel Hill's long-anticipated Carolina North project just had a false start.

The massive project on the Horace Williams property north of the main campus appears to be stalling out a bit. As Jesse DeConto reports in today's News & Observer, a deal to build a tech-transfer incubator there, the first project for the new campus, is off.

The university has not been able to come to terms with Alexandria Real Estate Properties, the private firm it has been working with to develop an Innovation Center for the new campus.

Thanks, lousy economy.

The weak economy has also put the UNC School of Law's move to the new campus on hold, DeConto reports.