Two of our projects have recently been awarded a 2023 Space Award by the Triangle Business Journal.

The Space Awards celebrate the best in Triangle commercial real estate by shining a light on the projects, people, and companies making the Triangle one of the best places to do business.

Fenton, a 14-building project on 92 acres, was awarded as the Mixed-Use Development Winner. The $1 billion Fenton project started with 332,289 square feet of new retail space that was 92 percent preleased. When it’s finished, Fenton will feature up to 1.2 million square feet of office space, 575,000 square feet of retail space, 920 residential units, and 450 hotel rooms. The residential units and hotel are still under construction.

Raleigh Iron Works, located in the historic Iron Works District, was named the Redevelopment Winner. With a theme of “restoring the past and forging the future”, Raleigh Iron Works repurposes the Double Gable and Bow Truss buildings, which once served as steel mills and warehouses for Peden Steel, into office and retail space. Once finished, the $159 million Raleigh Iron Works project will include a parking deck, 553,507 square feet of office space, 81,000 square feet of retail and restaurant space, along with a multifamily residential building.

Thank you to our partners Nelson Worldwide, Hines Developers, Hoar Construction, Samet Corporation, Cline Design, Grubb Ventures, and Jamestown, for allowing us to be a part of these great projects!

Read more about Fenton here and read more about Raleigh Iron Works here!

Situated on 92 acres in the center of the Research Triangle region in Cary, NC, our project, Fenton, includes fourteen buildings in Phase 1 with 348,000 square feet of retail, 195,000 square feet of office space, 357 apartment units, and a 175-key hotel.

Fenton’s retail tenants include big national names such as Williams Sonoma (NYSE: WSM), Warby Parker (NYSE: WRBY), Pottery Barn, Free People and Arhaus (Nasdaq: ARHS) and local retailers such as Bailey’s Fine Jewelry.

Fenton offers food and beverage tenants with a mix of local and out-of-state brands. Some local concepts are Durham’s M Sushi and Raleigh’s Dram & Draught — and some out-of-state brands are Steve Palmer’s Colletta and Ford Fry’s Superica.

Though plans have not been officially announced yet, when complete, the mixed-use district will have 2.5 million square feet of retail, office, hospitality, and residential space.

This project received the SEA of NC 2022 Excellence in Structural Engineering Award for New Construction for over $100 Million.

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