Intelligent Real Estate Investments - Hines

Hines and Columbia Development Group in partnership with USAA Real Estate are developing Fenton—a 92-acre mixed-use district in the Cary submarket of Raleigh/Durham, North Carolina. Fenton will be Cary’s first vertically integrated, mixed-use destination.

The development will offer 2.5 million square feet of retail, office, restaurant, hotel and multifamily. The initial phase will consist of 348,000 square feet of specialty and experiential retail, including a 102,000-square-foot Wegmans store and high-end movie theater; 200,000 square feet of Class A office; 357 apartment units; and a 175-key hotel.

Fenton will be located along Cary Towne Boulevard at I-40, adjacent to the Wake Med Soccer Park. The highly-amenitized development is proximate to Research Triangle Park-the regional job engine, as well as many of the area’s best residential neighborhoods and public and private schools.

Slated to open in April 2022, Fenton is one of the largest retail-driven projects currently underway in the United States.

Address

  • Cary, NC

Location

  • Located at I-40 and Cary Towne Boulevard

Architect

  • Nelson Wakefield Beasley

Building Details

  • 2,500,000 square feet

Website

Major Tenants

  • Bailey’s Fine Jewelry
  • CMX CinéBistro
  • Colleta
  • Crawford Bros. Steakhouse
  • Free People
  • Sephora
  • Superica
  • Wegmans