New community center coming to Raleigh, N.C.

A new community center, Falls Pointe Shopping Center, is under construction in Raleigh, N.C., at the intersection of Falls of Neuse and Durant roads. Cary, N.C.-based Konover Property Trust is developing the 185,132 sq. ft. center.

The center is a joint venture between Konover and Robert V. Hughes, for which Konover serves as managing partner. Tenants will include a 36,000 sq. ft. Harris Teeter plus 26 specialty retail stores. Kohl's, a new entry in the Research Triangle market, has purchased 10 acres adjacent to the center for an 87,000 sq. ft. department store. Construction is slated for completion in spring 2001.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish