Thanks for the link and info. It does say Trinity Rd South should be completed and open to the public for Phase A, but the extension isn’t until Phase D. I guess I hadn’t realized that, and had been hoping for it a little sooner.
Just sold for $33.25M to a company that sits on cheap malls. Don’t get your hopes up for redevelopment, but bring your ideas for cheap amusements.
Southern Tide in Cary? They must not keep up on Triangle Geography and acronyms.
And once the state passes the sports betting it’ll be crazy in there for big games!
@atl_transplant would have to confirm if they’re as cavernous and open looking as this, but I’m imaging it’d look something like the sports betting section of the MGM Grand in Las Vegas. Walking through there on NFL game days is wild as everyone is screaming at every possible tv about something 
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I could be wrong, but I had thought the sports betting bill would only allow betting sites to be on arena and stadium property? I was thinking this could actually spur a development boom around PNC since you know Tom Dundon won’t pass up the easy money.
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I found this article on WRAL from earlier this month. There’s a link in their article to the full bill, but here’s the tidbit I see about this. Maybe a place like this would have to get ‘qualified’ to be a vendor and own a license?
The bill would legalize sports gambling for people 21 and over. It would be regulated by the state lottery commission, which would issue licenses to vendors to operate in the state in return for application and renewal fees as high as half a million dollars. Operators’ profits would also be taxed at 8 percent.
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Reminds me of the Xfinity Live in Philly. Cool place if you’re into that sort of thing. That place definitely benefits from being in the middle of a three-stadium complex, though.
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Kind of similar just not as dark and depressing. Haha 
Also I believe that giant screen can be broken up. Since they’re at the Braves stadium and they were playing, that was the focus.
Found another pic on their Facebook showing more TVs. I’d been there a few times but never in that section.
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So apparently South Hills Mall has sold for the first time in 50 years……can’t wait to see sale price……huge parcel with tremendous redevelopment opportunities!!
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Should definitely turn into something interesting. Only lasted on the market for a couple of months.
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$38.4 million for 370k sq.ft. of retail space spread out over 11 parcels covering 50 acres, according to the TBJ.
A Raleigh-based investing company and a Chicago-based firm teamed up for this purchase, and Raleigh-based York Properties, the managing agency for Transfer Co. Food Hall and Raleigh Union Station, will be managing the property.
I’m excited, too, but I’m a bit worried about losing Grand Asia Market. That was the biggest Asian grocery store in the Triangle before we finally got an H-Mart (and some hard-to-find produce and imported foods are still cheaper there). I really hope they’ll stick around if this place gets redeveloped, since the alternative will be rough for those of us in Asian communities around the Triangle (and tbh, central North Carolina at large)…
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I don’t know if this was mentioned in any article or on here, but I work at the Cardinal and overheard management saying that the tower should be topped out by February.
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I just drove by there this morning. I guess they have about 5 floors (?) so far so that seems like a pretty good clip.
I also noticed the base of a tower crane installed for Tower 5/innovation district.
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Also in Cary news, Cary’s mayor seems to have leaked that Publix has signed at Fenton, and is floating the possibility that the indoor sports facility (basketball + e-sports) will be at South Hills instead.
Seems like a big leap from the Longleaf Hotel to a 50 acre mall, both in terms of scale of capital deployed and the underlying style. It’s a great opportunity, and as the marketing materials pointed out it’s also a slow project – long-term in-place leases mean it’ll be a while before stuff has to get torn down.
They’ve purchased the Plaza West shopping center up at Western & Jones Franklin, and HT has announced plans to leave (for the “old K-Mart” site at the Beltline). Not entirely sure if they’re planning on moving up there, but Raleigh wants both sites redeveloped as mixed-use TOD instead of as grocery-anchored strip malls.
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Publix is in the most premier mixed use places in Atlanta but never ever ever abandons their 50k model. I wonder if they’re just taking half the Wegmans spot and they’ll still have to find someone for the other half.
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“The Fenton is on schedule to open April 1st with 556,525 square feet of retail, 357 multi-family units, and a Publix instead of a Wegmans.”
Well that’s interesting that he’s gotten ahead of the Fenton’s announcement. Not unsurprising, but still a little disappointing. I’m just glad the other shoe has finally dropped since the announcement that Wegmans pulled out.
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FWIW, I just googled ‘largest Publix’s’ and found an article about a super large one in Miami and a reddit conversation about them. It states the Miami one is more than 100k sq ft (above a parking deck) and the reddit list points out some that are also above 80k sq ft. too.
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Nice! Maybe there’s hope. Seems like they’re really committed to the Triangle market too. Opening up stores all over, not just in the upper market areas either.
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