North Carolina Construction News staff writer
Heritage Capital Partners has submitted new site plans to the Town of Cary for a mixed-use development along N.C. Highway 55 across from Parkside Town Commons.
HWY55 is a 48 acre horizontally mixed-use project in west Cary. The project is at the southern tip of Research Triangle Park and is designed to integrate urban design and nature, with walking trails throughout the development connecting to Wake County’s greenway trail system and an adjacent neighborhood park.
Heritage is planning a phased development of about 50,000 sq. ft. of destination retail, 400,000 sq. ft. of office space, and a 175 room hotel. Commercial space will be within walking distance to the adjacent 350,000 sq. ft. of retail at Parkside Commons and to Apple’s east coast engineering hub in RTP.
One of the conditions attached to the zoning is that 4 percent of the housing units be affordable at 80 percent or less of the area’s median income. Other conditions include providing at least 15 EV charging stations and two public art installations.
The site is currently vacant.