The first one would be called Flatiron and would be across from Vicious Fishes Brewery on W. Chatham Street. It will be seven stories tall and span two acres of land at the intersection of Old Apex Road and W. Chatham Street. It will have restaurant and retail space and over 200 apartment units.
The other project is a redevelopment of an office building on Weston Parkway. Kane Realty is collaborating with Highwoods Properties on this project. A multi-family building on the corner of Norwell Boulevard and Weston Parkway, it will be five stories tall with 275 apartments, 5% of which are considered to be affordable housing.
Chief Executive Officer at Kane Realty, Mike Smith, said:
“Cary has become one of the fastest-growing communities in the country, and its downtown is transforming just as quickly.”
He added that the Flatiron project will help to shape the downtown area with walkable, well-designed, and valuable mixed-used places. He said that the other project helps to solve a problem regarding housing that was not an issue at the time the office building was built.
Local Print shops can help residents of towns stay up to date with potential developments like these with Flyers, mailers, and other printed materials.
Kane Realty is waiting for approval by officials from the town of Cary on these projects.
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