Many downtown Cary business owners say a proposed $51 million mixed-use development, with retail and office space, apartments and a parking deck, will be the jolt the area needs to attract more visitors and private investment.
“It’s really, I think, going to change the whole face of what we see and what we know as downtown,” said Sheila Ogle, owner of the historic Guess-Ogle House on South Academy Street and the Matthews House on West Chatham Street.
In late April, a proposal was presented to the Cary Town Council of Northwoods Associates LLC’s plan to build a 55,000- to 75,000-square-foot retail and office building on the southeast corner of West Chatham Street and South Harrison Avenue. An access road would run between the building and Elizabeth’s Home and Garden Shop on West Chatham, leading to a 188-unit apartment building and a 466-space parking deck. NorthView Partners LLC would develop the apartments.
The project would require a $5 million commitment from the town for construction of the parking deck, stormwater facilities to serve the entire site, surface parking and access roads.
To proceed, the project will require approvals from First Baptist Church, at the corner of Park and South ...