I loved Phar Mor when they were in Charlotte and I have purchased things from Lechmere too. So are you saying this anchor spot is for future bankrupt retailers?
But seriously I would suggest the leasing people of this shopping center go after any of the TJMaxx Corporation stores like Marshalls, TJ’s, HomeSense, Sierra etc. TJMaxx Corp. knows how to run retail in this country. Interesting fact TJ Maxx rose from the ashes of Zayre’s Department store.
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Phar MOR had the best prices on CDs back in the 90’s. Purchased a lot of music from there back I. The day.
with Pleasant Valley Promenade having mostly low-end tenants and about to lose Dicks to Crabtree, I think it’s the perfect place for low income housing too. Just makes sense. I mean it’s kind of ironic LOL. Go get “groceries” at dollar tree and Five Below, and shop for clothes at Marshalls and Ross 
. That shopping center has always ridden the struggle bus.
Kimco’s largest national tenant is TJX: 3.7% of its total rent roll, 2X as high as any other company.
Pleasant Valley is in a weird spot, halfway between a big mall at Crabtree and the much larger big-box circus at Brier Creek. Umstead Park means that a good chunk of the shopping center’s 3-mile radius, which accounts for most customers, is just woods. IIRC, it was also built at a time when the Duraleigh Connector was supposed to give it freeway access to Cary, but that never happened.
Downsizing it from a power center into a community shopping center is probably just as well.
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Duraleigh rd was was at one point going to be a freeway? Interesting.
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I’m not sure if this post goes here since it’s not about a mall or a life style center, @dtraleigh, but here’s some renderings adorning the Strand construction site. RIP my haircut parking lot.
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Where is the beach? 
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The people on the South-facing side of Park Centeral must be bummbed about losing their view.
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I’ve seen comments on Instagram of people complaining but they had to know that lot was next for development. Free parking lots are not free to the land owner(s).
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Yeah it definitely shouldn’t be a surprise. And my comments on here about losing slightly more convenient haircut parking are (hopefully) obviously in jest. I actually really like watching all the projects around Life-Style Center…I mean Midtown… take shape.
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Yes, very obvious lol.
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This entire Waverly Place Mall redevelopment project to add:
750 apartments in the space of SEVEN ACRES
was approved unanimously tonight, Thursday, by the Town Council of Cary. The NIMBY neighbors are VERY UPSET and caused a commotion during the hearing when they saw how the vote was going to go.
The quote below is so you can retrace the origins of this proposal. It went 7-1 at the planning committee in favor, and then unanimous approval tonight by Cary Town council.
The density isn’t that dense when you factor in the housing over the entire “destination center” acreage. Also part of the package was rezoning to allow Hines to turn the movie theater space into a recreation or entertainment complex along the lines of Sports and Social Cary, or Jaguar Bolero in Raleigh. Don’t forget, the Waverly owners are also the Fenton developers.
I attended my very first town council meeting ever. The schadenfreude was delicious watching an entire group of nearby NIMBY homeowners absolutely lose their 
when this passed.
Meeting video is https://www.youtube.com/watch?v=3J1Ojh1QkF0&ab_channel=Cary%2CNC
Here are some time stamps you can skip to:
- There was a full 60 minutes of citizen comments from 27:50 to about 1:32:00
- council discussion began at 1:41:25 with asst town manager gave an introduction to the project and assistant planning director gave the report to the council. lots of good slides and presentations..
- The crowd of angry senior citizen Karens and Chad’s begin acting up at 2:03:30 when the Mayor shuts them down with a 5 minute recess. “ladies and gentlemen, I’m going to ask you very kindly do not make remarks from your seats or anything else that will disturb us. If we do this again, I’ll have to adjourn, and if we do it again, we’ll do it without an audience. Please don’t make me go there. I’ve never had to do that in all 17 years I’ve been mayor. Please, I beg you. council will take a five-minute recess.”
these crazy people protesting have no idea how North Hills neighbors went thru the same thing 25 years ago and how wonderful and walkable their whole neighborhood has become near the Kane development
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Hope Raleigh city council is taking notes on how to deal with NIMBYs.
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I absolutely love how much the Cary town council does not give a f**k
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just fixed the video link that was broken on that high density Cary Waverly rezoning.
The Hines development people really knew how to get this approved. They did their homework and found the pain points of the neighbors. They partnered with the HOA of the 2000 home literal next door neighborhood to offer (contingent on approval of the rezoning) to contribute $100k for environmental improvements for stormwater runoff that have a significant annual expense to each homeowner if things are left status quo. (There’s a ton of sedimentation from exisitng Waverly that fills the main lakes in the neighborhood, requiring expensive dredging that the homeowners have to pay for. They made it clear nothing would improve at the lakes if they didn’t get their approval, and the homeowners would have to pay the costs they way we currently do.) The HOA president was 1st to speak (didn’t do a great job but mission accomplished) and she said they don’t take a position for or against, but are happy to have the environmental help financially.
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It’s concessions just like this that developers should be on the hook for in order to get their requests approved. Kinda like how the developers seeking the 30-story zoning on the corner of Peace and West St are offering to fund the buildout of the park next door that we’ve likely lost any Federal funding for. And hence why our own City Council would be absolutely, monumentally stupid to let that slip.
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We had a very similar situation in Miami Beach where the city approved a rezoning for a very tall residential tower in exchange for the developer not only building the park for the city, but giving the city the land for it. Essentially, the developer traded height on one parcel for a park amenity to the entire neighbohood. Nobody is complaining about it.
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What that group of NIMBYs doesn’t get is that Cary is what it is today because this Council and Councils past have never given a F**CK. Cary has the unique position of being center to the Triangle and people want to live there and have always wanted to live there. Thus you play by the the strict standards and the urban guidelines as they were meant to be done. They listen and vote Cary style. Always.
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My favorite guy is the man who claims that the apartments will be denser than Manhattan and Union City, NJ. Comedy hour.
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