cary_council_quarterly_report_fy_2023_third_quarte.pdf
Cary Advances Downtown Mixed-Use Deal With Northwoods Jordan
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Description
Cary continued implementation of a 2019 development agreement with Northwoods Jordan Building LLC involving property transactions to enable a major mixed-use redevelopment at Harrison Avenue and Chatham Street with significant public infrastructure, including a 200+ space parking deck. Construction of the parking deck and multifamily building is anticipated to start in spring 2023.
Contract Details
Vendor
NORTHWOODS JORDAN BUILDING LLC
Agency
Town of Cary town, NC
Contract Type
FACILITIES
Document Date
March 31, 2023
Renewal Info
Development agreement for the downtown mixed-use project was originally approved by Council in 2019; current activity reflects ongoing execution rather than a renewal.
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