Flat Iron Development Agreement Amendment Considered

Cary is considering an amendment to its Downtown Development Project Agreement with Mackenan Property Group LLC for the Flat Iron mixed-use development. The proposed amendment would allow up to 250 multifamily units, reduce Cary’s funding commitment, and revise administrative and scheduling terms.

Document date · September 22, 2026

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Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Renewal

Amendment No. 1 to the agreement approved December 15, 2022; proposed revisions include unit count, funding, administrative, and scheduling terms.

Document type

Agenda

Source document

Cary Town Council Agenda September 24, 2026

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Town of Cary Agenda Regular Meeting 2026-09-24

AMENDED

Town of Cary town, North CarolinaSep 24, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Cary?

Mackenan Property Group Llc was awarded this facilities contract by Town of Cary, as recorded on September 22, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Cary Town Council Agenda September 24, 2026 (Agenda), dated September 22, 2026 from Town of Cary. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mackenan Property Group Llc hold?

Mackenan Property Group Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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