Pickleball Courts in Cary: A new luxury rental community with mixed-use amenities has been proposed off Route 31 in Cary. Milwaukee-based Fiduciary Real Estate Development plans to build the development on more than 35 acres, featuring nearly 400 rental units, a dog park, a pool house, and pickleball courts. This project aims to enhance the local community while providing modern living spaces.
Community-Centric Design and Amenities
The proposed development consists of two phases. The first phase includes 216 apartments spread across 12 two-story buildings, while the second phase will add 180 apartments in 10 additional buildings. The complex will feature a mix of one, two, and three-bedroom floor plans to appeal to young professionals, empty nesters, and Baby Boomers seeking alternatives to single-family housing.
The inclusion of amenities like pickleball courts is a response to the rising popularity of the sport, which encourages an active lifestyle among residents.
Economic Impact and Community Benefits
The development is estimated to cost over $110 million and could have an economic impact of nearly $40 million in consumer spending over the next decade. The proposal also anticipates generating about $2.7 million in impact fee revenue for the village. Mayor Mark Kownick expressed his enthusiasm for the project.
Architectural Appeal and Future Plans
The proposed community is designed with architectural features that reflect Cary’s charm. The townhouse-style structures will incorporate a mix of attached and detached garages and surface parking. DeRosa, a representative for Fiduciary, noted that the development would include “top end of the market” features, such as walk-in closets, stainless steel appliances, and high-end interior finishes.
The commercial component of the development will consist of nearly 6 acres, with the potential for 38,000 square feet of retail space. This blend of residential and commercial options aims to drive demand for new retail establishments, as DeRosa pointed out that there is “a lack of demand for big-box retail development in today’s market.”
Next Steps for Development Approval
The current zoning for the site classifies it as a shopping center business district. The developer is seeking a portion to be rezoned as a planned unit development. Community Development Director Brian Simmons indicated that the next steps include a zoning application process, public hearings, and recommendations to the board, which could take up to four months.
The proposed project has received positive feedback from the Village Board, which sees it as a significant opportunity for the Cary community.
Overall, this luxury rental community aims to enhance Cary’s housing options while providing modern amenities, including pickleball courts, to foster an active and connected community.
News in Brief: Pickleball Courts in Cary
A new luxury rental community has been proposed off Route 31 in Cary by Fiduciary Real Estate Development. Spanning over 35 acres, the project includes nearly 400 rental units, a dog park, a pool house, and pickleball courts.
The two-phase development aims to meet the demand for modern living spaces and is estimated to cost over $110 million, generating significant economic impact for the village. The proposal has received positive feedback and is moving through the zoning application process.
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