New Retailer coming to Cary Towne Center

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Cary Towne Center is Cary’s only indoor shopping mall. It opened in 1979 and has gone through multiple renovations since then. Its most recent facelift was to update the exterior facade.

The mall is able to house five anchor department stores. Two of them recently closed. Sears shutdown in 2015, and Macy’s closed early 2016. Belk, JCPenney, and Dillard’s are the remaining anchors.

Triangle Business Journal’s Amanda Hoyle has reported that Cary Towne Center is working on a “game-changing redevelopment” and in talks to bring a “very recognizable and in-demand retailer” to the property.

Speculators think that the in-demand retailer could very well be Ikea, the Swedish retailer known for its modern furniture, home goods, as well as Swedish meatballs.

An Ikea spokesman, Joseph Roth, told Hoyle “We continue to evaluate opportunities in the Raleigh-Durham area as they arise.”

Certainly we’ve recognized over the years – or acknowledged – it is a market that long-term can support a store.” – Joseph Roth

With the amount of people living in the Triangle as well as nearby colleges – Duke, North Carolina State, University of North Carolina at Chapel Hill, and East Carolina University – opening an Ikea in this central location would certainly do well!

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