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I agree it looks bad for the short term. Again, lack of freeway visibility is a big issue. CTC is in a solid neighborhood but is is not the old money of North Hills or the new money of West Cary. The food court did stay busy. That might say something to developers. There is always a demand for food. A Chic fil a would draw a few thousand cars a day!
I agree it looks bad for the short term. Again, lack of freeway visibility is a big issue. CTC is in a solid neighborhood but is is not the old money of North Hills or the new money of West Cary. The food court did stay busy. That might say something to developers. There is always a demand for food. A Chic fil a would draw a few thousand cars a day!
A McDonalds facing the senior complex would fill up in the morning with coffee clubs, and an occasional Egg McMuffin sale.
For creation of a diverse, Live, Work, Play mixed-use community, I actually think the Senior housing could be considered a plus, and particularly if a developer embraced and integrated that complex in a final plan.
I didn’t necessarily mean that there was Senior Housing, more the size, look, and specific location. It just limits some things they could do right at one of the main entrances.
I didn’t necessarily mean that there was Senior Housing, more the size, look, and specific location. It just limits some things they could do right at one of the main entrances.
Yeah. That entrance could present better
But, that north side will be the hardest to develop, and is the lowest in elevation, too.
I would expect a significant reconfiguration of the access points from Cary Towne Blvd.
Visibility and access to and from Maynard and Walnut would be huge selling features.
The potential of the CTC site, at 87 acres, including the 11.33 acre Dillard property, really blows away the Fenton 92 acre site in many respects. If only it can be pried from CBL at a reasonable cost by someone with vision and a credit facility.
If only it can be pried from CBL at a reasonable cost by someone with vision and a credit facility.
That's the upside here: at least CBL is admitting defeat early on. This way, there could be a new owner within months, instead of waiting for another two years -- by which point another recession could have frozen markets for another few years. (My own worst nightmare would be that scenario, plus having it caught up in a messy corporate bankruptcy.)
A discounted price makes it possible for a local or regional developer to purchase the site. Kane is terrific, but knowing how much he loves North Hills, I doubt he'd want to build a crosstown competitor.
That's the upside here: at least CBL is admitting defeat early on. This way, there could be a new owner within months, instead of waiting for another two years -- by which point another recession could have frozen markets for another few years. (My own worst nightmare would be that scenario, plus having it caught up in a messy corporate bankruptcy.)
A discounted price makes it possible for a local or regional developer to purchase the site. Kane is terrific, but knowing how much he loves North Hills, I doubt he'd want to build a crosstown competitor.
I wonder how much the two really would directly compete...
The residential aspects could be the driving force for a CTC redevelopment.
I suspect that Cary could generate adequate demand to fill a modern mixed-use site in a supremely good in-town location.
I only go to N Hills to meet people in/from Raleigh.
They could return the favor.
And increasing density probably means people will be less likely to live farther from employment and family.
Other than financing an end to cancer, the best part of this weekend adventure is that Cary Towne Centre has given us access to the largest portion of their parking lot “””EVER””.
It seems you are suggesting to downzone CTC for single family housing. I disagree.
I agree that Cary needs more housing, but not just that, it needs more density too. And this is one of the best places in the entire Town to achieve that.
This right here. Exactly.
People keep talking about Residential. This isn't a residential place people. To grow you need more and more commercial. Obviously you don't want to overcrowd, but putting a neighborhood, or a park there is stupid and it would never happen.
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