New Development Activity in the area

I wonder if they will finally build on that property they own on Timber and Benson Rd? 23 acres they bought 4 years ago and construction was halted. But I see they say they expect it to be 100 acres.

 

how many acres is that lot?

 

23 acres

 

Plenty of land in Clayton and Garner area east of 40.

 

how many acres is the Cary Town Center Mall? Its available now.

 

73 acres answered my own question. closer to the 100 acres the Children's Hospital needs.

 

I'm surprised Fenton doesn't just buy it and make a Fenton II, especially with how successful it was.

 

Clayton & Joco update on TBJ
STORY HIGHLIGHTS

• Novo Nordisk launches $4 billion expansion in Clayton, creating 1,000 jobs.
• Johnston County leaders discuss infrastructure and development collaboration challenges.
• Clayton Mayor Jody McLeod seeks to bring first Chick-fil-A to town.

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Johnston County had a massive 2024, with billions of dollars in economic investments being announced.

But leaders in the county aren't resting on their laurels.

Longtime Clayton Mayor Jody McLeod is still pushing to try to bring the first Chick-fil-A to the largest municipality in Johnston County.

"The key to the retail, the key to restaurants, the key to all that, is rooftops," McLeod said "It takes those numbers to meet those demographics for what Chick-fil-A needs, or any other restaurant, is looking for."

McLeod was joined by members of the local business community during a panel discussion as part of Triangle Business Journal's Corridors of Opportunity series Thursday at the Clayton Center downtown. The panel discussion focused on the future of one of the county's largest employers, collaboration through differences and infrastructure concerns, among other topics.

Novo Nordisk presses ahead with $4.1 billion expansion
Pharmaceutical giant Novo Nordisk (NYSE: NVO) in 2024 launched a $4 billion expansion in Clayton that the Danish company says will create 1,000 new jobs.

The company's first Clayton facility has been "our cornerstone for manufacturing in the United States" for decades, said Shaylah Nunn Jones, director of public affairs for Novo Nordisk. Under the expansion, Novo Nordisk will build a new facility to increase its output of popular weight-loss drugs Wegovy and Ozempic.

"This is going to be just like the facility that's been in North Carolina for 30 years, but at a much larger grand scale than the current facility that we have there," she said. "This one that we're building is 1.4 million square feet."


Jones said the facility will have an "employee amenity center" that includes cafeterias, training rooms and recreation and exercise spaces.

"This is something that is super important to Novo Nordisk because we know that if you like where you work, you'll stay," Jones said.

 

Can anyone dig up some info on this. Looks like another development close to home.

 

https://edocs.deq.nc.gov/Stormwater/DocView.aspx?id=3632930&dbid=0&repo=WaterResources

9 acres of single family houses, developed by Bradley Built, Inc.

 

I have never heard of that Builder. Thanks for the info

 

Bradley Stancil ?

 

yes
Meet Our Team | Bradley Built, Inc

 

Anyone heard anything about this property on Cleveland Road surrounding the fire house? Someone asked what is being built there; i have not been past it to see any construction so am just curious.

 

It's up for rezoning at the next Planning Board meeting:

The owner, Lighthouse Cleveland Springs, owns several pieces of land in that area. I think they've been tied to apartments and some single family homes in the area. But with rezoning that land to I-1, I would guess a business is planned there.

 

Many years ago both sides of that section of Cornwallis were on the planning boards agenda for a large development of over 900 single family and multi family units. Then the market turned south and it was eventually pulled from the agenda. Have always wondered why it hasn’t reappeared.

 

Downtown Garner development from TBJ
STORY HIGHLIGHTS

• Garner partners with Lansing Melbourne Group for Metro 201 development.
• Metro 201 will feature 24 apartments above 10,000 sq. ft. of retail.
• Project aims to revitalize downtown Garner, breaking ground this year.

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A public-private partnership aims to add some vibrancy to downtown Garner with a mixed-use development.

The town is teaming with Florida-based Lansing Melbourne Group to develop Metro 201, a 3-story residential building with ground-floor retail. Metro 201 will be on 1.7 acres adjacent to the Garner Recreation Center on Main Street. The project is part of the town's efforts to make its core area downtown more vibrant.

The building will have 24 apartments — a mix of studio, one- and two-bedroom units — above 10,000 square feet of retail space. There is no estimated rental rate available yet.

The town is looking to have up to three food and beverage retailers in the space with the potential for a food hall/brewery concept. Peter Flotz, CEO and founder of Lansing Melbourne Group, said the company has been in talks with an Indian restaurant for one of the spaces. There will also be outdoor seating for the retailers along with a public plaza between the recreation center and the mixed-use building with public art and community gathering space.


Flotz said the company should break ground by the end of this year with a 14-month construction timeline. The project's estimated cost is $9 million — not including $800,000 the developer has already invested as this is the third iteration of the project. The development has been in the works since 2020 when the town put out a request for proposals. It eventually selected Lansing and began work on the first idea, which was a public parking garage with residences.

“The goal in general is to take publicly owned property, usually it's a parking lot, and use that to help with the cost of creating housing that's affordable for folks,” Flotz said.

Rising construction costs made the initial plan untenable. Flotz said the cost for the parking garage alone went from $4 million to $7 million.

The second idea that the company came up with was developing the land around the community center into a multifamily project with up to 400 units to help support retailers downtown. But that concept was nixed, primarily due to concerns around stormwater drainage.

If successful, Metro 201 could lead to more projects in Garner for Lansing Melbourne Group.

“LMG’s basic thesis is it takes 1,000 units to make a difference,” Flotz said. “Number one is to get people close to the jobs, and then we want to get people where the infrastructure already exists. Rather than mow down a corn field and then spend $10 million running water lines and sewer lines to it … let's use that infrastructure.”

 

I saw on my bid site that a Longhorn Steakhouse and Olive Garden are bidding for this development. (Selma)

 

Books A Million has won the lease of the White Oak Party City store. We are finally getting a book store!
From TBJ
Big-box retailers have won bids for two Party City leases in the Raleigh area with three others still up for grabs.

Books-A-Million nabbed one lease in Garner, while discount store Five Below (Nasdaq: FIVE) was the winning bidder on Party City's Brier Creek location, according to bankruptcy documents.

Last month, Party City announced plans to close 700 stores nationwide and put 21 North Carolina leases up for auction.

Books-A-Million won the auction for Party City’s location in Garner, a 10,146-square-foot space at 280 Shenstone Blvd. The cure amount is $21,169, and Books-A-Million would assume the lease on March 31. The bid amount was $71,169.

Five Below won the bid for Party City’s lease at 8081 Brier Creek Parkway. That store is 12,000 square feet. The cure amount is $24,095, per court documents.

The Party City leases in the Triangle that failed to attract winning bids are:

• 203 Crossroad Blvd. in Cary (9,770 square feet)
• 5402 New Hope Commons Drive in Durham (12,125 square feet)
• 3604 Sumner Blvd. in Raleigh (10,146 square feet)

A&G Real Estate Partners listed the leases for auction on behalf of Party City.

Five Below currently has seven locations in the Triangle listed on its website. It sells toys, snacks, books, pet supplies, clothing and other items.

Books-A-Million does not have any stores in the Triangle. Elsewhere in North Carolina, it has stores in Gastonia, Concord, Rocky Mount, Goldsboro, Southern Pines and Asheboro, New Bern and Wilmington, according to its website. The company is based in Birmingham, Alabama.

Around the rest of the state, Rack Room Shoes, Dollar Tree, Cavender’s, Pacolet Milliken and Five Below were the winning bidders for the Party City leases in Fayetteville, Greensboro, Winston-Salem, Mooresville, Gastonia and Charlotte.


The court hearing to approve the lease sales is scheduled for Feb. 26, according to a Party City press release.

In other big-box retail news, OfficeMax is vacating its store in Knightdale. Bankruptcy documents show the craft store Joann is shuttering some locations statewide, but not in the Triangle.

 

Stancil is bad. Almost bought a house in Angier and it was NOT good.