Property Acquisition
As part of the FY 2012 budget, the Cary Town Council has allocated $8 million for capital projects that will aid in the redevelopment and revitalization of Cary's downtown area. This effort will include both public and private investments.
At its work session July 19, 2011, the Cary Town Council tapped the Chatham Street and Academy Street corridors as the Town's first focus areas for redevelopment.
September 2011
The Town has purchased the property at 324 S. Academy St. known as the Jones-Foy House.
The Jones-Foy House is a 2,206 square-foot structure that was originally constructed in 1896. The house sits on a 16,980 square-foot lot adjacent to the Cary Arts Center on Dry Avenue. The Town acquired the property for $601,500.
The Town intends to partner with a private firm to renovate and lease the site as a commercial property.
Downtown Development Links
Cary Downtown
Cary Arts Center
Downtown Theatre
Downtown Wayfinding
Façade Improvement Program
Harrison Avenue Railroad Bridge Study
Town Center Area Plan (TCAP)
Contact
Tommy Cline
Real Estate Manager
(919) 469-4039
tommy.cline@townofcary.org
Ed Gawf
Downtown Development Manager
(919) 462-3870
ed.gawf@townofcary.org
At its work session July 19, 2011, the Cary Town Council tapped the Chatham Street and Academy Street corridors as the Town's first focus areas for redevelopment.
September 2011
The Town has purchased the property at 324 S. Academy St. known as the Jones-Foy House.
The Jones-Foy House is a 2,206 square-foot structure that was originally constructed in 1896. The house sits on a 16,980 square-foot lot adjacent to the Cary Arts Center on Dry Avenue. The Town acquired the property for $601,500.
The Town intends to partner with a private firm to renovate and lease the site as a commercial property.
Downtown Development Links
Cary Downtown
Cary Arts Center
Downtown Theatre
Downtown Wayfinding
Façade Improvement Program
Harrison Avenue Railroad Bridge Study
Town Center Area Plan (TCAP)
Contact
Tommy Cline
Real Estate Manager
(919) 469-4039
tommy.cline@townofcary.org
Ed Gawf
Downtown Development Manager
(919) 462-3870
ed.gawf@townofcary.org
