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The major announcements for a large
shopping center and a subdivision that
will offer homes, care for seniors and
employment for nearly 500 people were
mentioned off-handedly during Thursday’s
Greater Wake Forest Economic Summit.
The shopping center will be
Wake Forest Towne Center on the site of
the former Schrader/Parker-Hannifin
plant on Wake Union Church Road. The
conceptual plan includes rerouting the
road to connect to Jenkins Road to
comply with the state Department of
Transportation’s goal of making Capital
Boulevard a limited-access thoroughfare.
The existing plant is being razed,
beginning at the back.
The subdivision is Andy
Ammons’ Traditions on the 770 acres in
the northeast part of Wake Forest next
to Smith Reservoir. The plan, if
approved, would build the North Loop
from Jones Dairy Road north and west,
would include a separate plan by David
and Jeff Ammons for an active-adult
community, would provide a 68-acre
retail area and holds the promise of
several hundred jobs. There was a
complete article about the plan in the
Feb. 28 issue of the Gazette.
Weingarten Realty Investors,
a national firm that owns or manages
over 400 shopping centers across the
country, is teaming with several local
firms to build and/or manage Wake Forest
Towne Center and The Shoppes at Caveness
Farms, already underway.
Jim Adams, who owns the
former Parker-Hannifin site, sent a
message this week to the Gazette that
Jeff Baran with the development firm Bob
Hughes Associates in Raleigh might be a
source for information about the Towne
Center. Hughes Associates is developing
The Shoppes. There are other, yet
unnamed, partners in the two shopping
centers. Except for Adams, calls to the
developers have not been returned.
Rob Hicks, Weingarten’s
regional director for new development,
said at the summit that Wake Forest
Towne Center would be a large regional
power center anchored by a department
store which has a presence in the
Triangle but is not at Triangle Town
Center. Some of the local guessing is it
will be Nordstrom’s, but Kohl’s, J.C.
Penney, Marshall’s and T.J. Maxx are
other possibilities.
“We hope to start
construction in late summer,” Hick said.
Hicks also announced
Steinmart will be one of the stores at
The Shoppes at Caveness Farms where Red
Robin, Chili’s and Texas Roadhouse
restaurants are in the construction
stage.
Some of the local shopping
centers Weingarten owns or manages are
the Six Forks Shopping Center, Leesville
Towne Center, Stonehenge Shopping Center
and Falls Pointe Shopping Center. |
