Midtown Square: Coming to Downtown Cary
Cary, NC — On Thursday, June 4, 2015, at the monthly Heart of Cary Association meeting, Jordan Gussenhoven of Chatham Street Commercial shared information with members about Midtown Square, a new redevelopment coming to Downtown Cary in the next year.
Midtown Square – Coming 2016
The new Midtown Square will rest on the northeast corner of Walker and Chatham Streets in Downtown Cary. The project will consist of both a redevelopment of 215 E. Chatham Street and a renovation of the existing midtown shopping center that is currently on the site.
Mixed-Use Office & Retail Space
The Midtown Square Office Building redevelopment will feature a total of 22,604 rentable square feet, with 2,876 of the space being retail, 19,728 being office and 2,899 being a third floor loft, which will be a unique design with exposed wood trusses and direct elevator access.
The office building will be a full service building with water, electrical and janitorial services included in the rental rate. It will also have Class A construction and finishes.
A large, open patio area will connect the Midtown Shopping Center with the office building. Gussenhoven is targeting ground floor retailers that will “activate the patio,” like a coffee shop. Different businesses will share the patio, hopefully “giving life to Chatham Street.”
Bond Brothers Brewery
A warehouse that currently rests on the site will turn into a brewery called Bond Brothers Beer Co. This space will be a 4,300 square foot brewery with a 2,400 square foot taproom and a 2,500 square foot beer garden. “We think this will be a great anchor for the project; a great gathering space for Downtown,” Gussenhoven said.
Midtown Square is currently looking for tenants. According to Gussenhoven, 30% of the office building is already committed to, and people will start signing leases this month. “There’s been a lot of interest in downtown and a lot of interest in the project,” he said.
A Neat Fact About the Midtown Logo
In North Carolina, the numbers on locomotives reflect the years in which various NC towns were incorporated. Two locomotives are coming on-line later this year, one of which will be named 1871 for the Town of Cary. The Midtown Square logo is an illustration of the Cary train.
- June 2015 – Obtain building permit for Bond Brothers Beer Co.
- Summer 2015 – Obtain site plan approval & building permit for Office Building
- Summer 2015 – Obtain minor alteration approval & building permit for Commercial Building
- Early 2016 – Commercial Building opens
- Spring 2016 – Bond Brothers Brewery opens
- Late 2016 – Office Building opens
Story by Jessica Patrick. Information and photos courtesy of Jordan Gussenhoven.
The parking lot will be on the same block as the new development. Drove by…behind & to the right of the new development.
Does anyone know if there are plans to develop (or redevelop) the block next-door the has the motel with the substandard roof height? This is really an eyesore right in the middle of an area that is finally taking off. Jessica or Jordan, do you know?
Is that the block with the building that the council just voted to demolish and repave as a new parking lot?