Local News

Officials planning to turn Cary mall into mixed-use shopping center

Posted May 22

IKEA

— Officials who own Cary Towne Center announced on Monday their plans to one day transform the indoor mall into a mixed-use shopping destination.

The announcement comes one week after IKEA made official a proposal to build the first-ever Triangle store adjacent to the mall on Cary Towne Boulevard.

"IKEA will provide a keystone attraction for the project and a catalyst for its development," said officials with CBL & Associates Properties, Inc. "Over the last several months, CBL has worked with the Town of Cary to start the rezoning process with the goal of creating a flexible land use that will facilitate a creative, modern, multi-phase and multi-use redevelopment."

IKEA

The new shopping center could feature a mix of retail, dining and entertainment options as well as residential, grocery, office and green space.

“Cary Towne Center is ideally located, and there is strong demand to elevate the center to the next level," said Stephen Lebovitz, president and CEO of CBL & Associates Properties, Inc.

Similar to other indoor shopping malls, Cary Towne Center has seen a sharp decline in business over the years, with anchors like Macy's and Sears closing in addition to other popular stores like Aeropostale and Express.

The mall is still home to Belk, numerous food vendors and retailers, and entertainment features like a trackless-train, a carousel and a indoor play area for young children.

Cary Towne Center playground

The mall's transformation is still in early planning stages, and no dates have been released for the project. The IKEA adjacent to the mall could open as early as summer 2020.

3 Comments

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  • Rod Runner May 22, 2:49 p.m.
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    You don't think Cary bent over backwards to get the Ikea in their town?

    They'd have easily lost it to Morrisville or Raleigh if not.

  • Len White May 22, 12:48 p.m.
    user avatar

    Good catch !!

    I’ll just be a’betting that money will win out over good taste and other ‘social considerations’ in this case….

    Also, while we’re at it, ‘mixed-use’ is probably not a bad idea …. It really hasn’t done too well as a mall of late….

  • Steve Faulkner May 22, 12:34 p.m.
    user avatar

    Did IKEA negotiate with Cary to allow those bright colors to be used? If not, this will not happen.