Fenton project in North Carolina announces new tenant signings
Hines and Columbia Development have announced several new tenant signings at Fenton, their 69-acre mixed-use project rising up on the outskirts of Raleigh, N.C. It will feature 345,000 sq. ft. of retail stores, restaurants, and entertainment venues when it opens in 2021.
New lease signers at the project off 1-40 in Cary, N.C., are Sephora, CMX CineBistro, Free People, and Bailey’s Fine Jewelry. The will join anchor Wegmans and a roster of chef-driven restaurants that include Crawford Brothers Steakhouse and Superica, a Tex-Mex concept.
Vertical construction is slated to begin next summer at Fenton, which will also house 170,000 sq. ft. of office space, a 175-room boutique hotel, and 350 multi-family residences. Nelson Wakefield Beasley, the architectural firm behind Avalon and Atlantic Station in metro Atlanta, is the design firm of record.
“Fenton is unlike any new mixed-use development underway,” said Kenton McKeehan, senior managing director for Hines Retail. “We see Fenton’s retail component as an energy driver that sets the stage for the entire mixed-use community.”