In the heart of Cary, Fenton, a major development project, is gearing up for its second phase, promising more excitement for residents and visitors alike. Led by the renowned developer Hines, Fenton has already transformed into a bustling destination center, and its next phase aims to elevate the experience even further.
Fenton’s Expansion Plans The developer behind Fenton, Hines, is preparing to launch the second phase of this dynamic project, which has already made waves in the thriving town of Cary. The first phase, opened in 2022, introduced a vibrant mix of entertainment, dining, and living spaces, instantly captivating the community’s interest.
What to Expect in Fenton’s Second Phase
What to Expect in Fenton’s Second Phase As Fenton enters its next chapter, Hines is focused on enhancing the project’s offerings. Plans include adding a hotel partner, expanding retail options with quick-service restaurants and coffee shops, and further increasing office and multifamily leasing. With a keen eye on community needs, Fenton aims to fill retail gaps and elevate the overall experience for visitors.
Grocery Store Mystery at Fenton While Fenton’s future looks bright, one lingering question mark is the grocery store component. Despite Wegmans’ previous plans falling through, discussions continue about potential alternatives. The Town of Cary’s approval for a smaller grocery store signals progress, but official announcements are still pending.
Waverly Place Redevelopment Update Beyond Fenton, Hines has its sights set on the redevelopment of Waverly Place, another significant project in Cary. With rezoning applications filed and plans in motion, Waverly Place is poised for transformation into a vibrant, mixed-use destination.
New Retailers Joining Waverly Place
New Retailers Joining Waverly Place Exciting additions are on the horizon for Waverly Place, with Two Roosters Ice Cream and Farmside Kitchen set to join the lineup. These new establishments will enrich the dining and culinary scene, offering residents and visitors more reasons to explore the area.
Hines’ Strategic Focus for 2024
Hines’ Strategic Focus for 2024 Looking ahead, Hines remains committed to strategic growth and innovation. With a focus on acquisitions and diversification, the company is exploring new opportunities in the real estate market. From multifamily properties to build-to-rent communities, Hines is poised to shape the future of urban living.
At Brazoban Realty, we’re excited to witness the evolution of Cary’s beautiful landscape. As trusted local agents, we’re here to guide you through the latest developments and help you find your perfect place in this dynamic community.
Source: Article by Kayli Thompson for the Triangle Business Journal.
