Real Estate - NOVEMBER 13, 2020

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Hines breaks ground on 69-acre mixed-use district in Cary, N.C.

by Released

Hines has started construction on Fenton, a 69-acre mixed-use development underway in Cary, N.C. Fenton will be Cary’s first vertically integrated, mixed-use destination and one of the largest retail-focused projects currently under way in the United States. The groundbreaking propels the project toward a grand opening in spring 2022.

“Fenton is pressing forward, and the start of vertical construction places us one step closer to achieving our vision of creating an urban, pedestrian-focused destination to live, shop, dine and work in the heart of the Triangle,” said Paul Zarian, director at Hines. “Fully capitalizing the project and securing commitments from retailers during a pandemic reflects significant confidence in the project, particularly its open-air design and modern mix of uses. We look forward to seeing this memorable project rise in the months ahead.”

Recently, the project signed a 17,974-square-foot lease for Arhaus, the family owned and operate

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