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Cary, North Carolina — A major mixed-use development in Cary is gearing up for its official opening this summer.
Fenton, which is located across from old downtown Cary, will host a grand opening event on June 4-5. Prior to that, select development retailers will open on April 29.
The developers said they are in the first phase of the massive project.
“It’s seven years of work for us. To be at this point where it’s coming out of the ground and about to open, it’s extremely exciting,” said developer Abbit Goodwin.
Construction of the massive development began in late 2020.
There was nothing like it in Cary,” Goodwin said. “We felt like there was room, and we bought that property from the state of North Carolina as well.”
The development will include shops, restaurants, offices, apartments, a movie theater and weightless seating. There will also be an open space for concerts and an ice rink during the holidays.
Developers said the apartments are expected to be ready in July and will be available to rent 30 days before they are ready. Most apartments will have balconies and residents will have access to a swimming pool above a commercial podium.
“There will be a fully functional ice rink from Thanksgiving until Valentine’s Day,” Goodwin said.
Some of the restaurants coming into the space include Crawford Brothers’ Steakhouse, Honeysuckle Gelato, and M Sushi. Bailey’s fine jewelry
Cary Mayor Harold Weinbrecht welcomes the project, considered one of the most important in the city’s history.
“It’s exciting. We’ve been talking about this property and it’s been brewing for years,” he said. “[We’ve] seen several developments. We traveled out of state to see some of the ideas they had in mind…to see them come to fruition, to see them come out of the ground is exciting. »
The project sits across the road from what was once the Cary Towne Center mall, which closed in January 2021 after being purchased by Epic Games for use as a new headquarters.
Residents and developers now see Fenton’s development as the future of brick and mortar.
“Having this new development here would be a really wonderful thing for the community,” said Wake County resident Sandra McNeil.
“Not only are you going to shop, but you’re going to experience something, whether it’s food, drink, retail, shopping, [it’s] just a good time to walk around. It’s going to be an experience and that’s what’s going to make this place special,” Weinbrecht said.
Weinbrecht said the town of Cary has grown steadily over the past few years.
“We can expect the population to double in this area over the next 20 to 30 years,” he said. “If you think you’ve seen the growth now, you haven’t seen what’s coming. It’s going to change a lot.”
As the population continues to soar, developers hope Fenton will become a destination location for residents.
“Shop, dine and play – that’s what we’re after,” said Goodwin.