Epic Games, Turnbridge Equities, and Denali Properties have agreed to transfer the ownership of the 980,000-sf, 87-acre Cary Towne Center, located in Cary, N.C., to Epic. Epic purchased the mall for $95 million.
Epic plans to convert the former mall into its new campus. The project will include both office buildings and recreational spaces, allowing Epic the flexibility to create a campus from the ground up, completely customized to the company’s long-term growth. Plans for the HQ campus are still in the early phases, but the company is working with the Town of Cary to explore ways some of the property can be used by the community.
“After years of shifting development plans for the Center, we are thrilled the space will be utilized to its full potential and turned into something the Town and community of Cary can be proud of,” said Jason Davis, Managing Director at Turnbridge Equities, in a release.
Epic hopes the new HQ campus will be completed by 2024.
Related Stories
Giants 400 | Jan 29, 2024
Top 80 Workplace Interior Construction Firms for 2023
STO Building Group, HITT Contracting, Clune Construction, Hensel Phelps, and JRM Construction Management top BD+C's ranking of the nation's largest workplace interior and interior fitout general contractors and construction management (CM) firms for 2023, as reported in the 2023 Giants 400 Report.
Giants 400 | Jan 29, 2024
Top 50 Workplace Interior Engineering Firms for 2023
AECOM, Jacobs, Alfa Tech Consulting Engineers, Tetra Tech High Performance Buildings Group, and IMEG top BD+C's ranking of the nation's largest workplace interior and interior fitout engineering and engineering/architecture (EA) firms for 2023, as reported in the 2023 Giants 400 Report.
Giants 400 | Jan 29, 2024
Top 160 Workplace Interior Architecture Firms for 2023
Gensler, Interior Architects, HOK, SmithGroup, and Perkins&Will top BD+C's ranking of the nation's largest workplace interior and interior fitout architecture and architecture engineering (AE) firms for 2023, as reported in the 2023 Giants 400 Report.
Giants 400 | Jan 29, 2024
Top 100 Office Core and Shell Construction Firms for 2023
Turner Construction, AECOM, DPR Construction, Clark Group, and Clayco top BD+C's ranking of the nation's largest office core and shell general contractors and construction management (CM) firms for 2023, as reported in the 2023 Giants 400 Report.
Mixed-Use | Jan 29, 2024
12 U.S. markets where entertainment districts are under consideration or construction
The Pomp, a 223-acre district located 10 miles north of Fort Lauderdale, Fla., and The Armory, a 225,000-sf dining and entertainment venue on six acres in St Louis, are among the top entertainment districts in the works across the U.S.
Office Buildings | Jan 24, 2024
Office designs need to lean in on wellness, says a new HMC Architects report
The firm highlights seven recent design projects for public-sector clients as examples.
Industry Research | Jan 23, 2024
Leading economists forecast 4% growth in construction spending for nonresidential buildings in 2024
Spending on nonresidential buildings will see a modest 4% increase in 2024, after increasing by more than 20% last year according to The American Institute of Architects’ latest Consensus Construction Forecast. The pace will slow to just over 1% growth in 2025, a marked difference from the strong performance in 2023.
Adaptive Reuse | Jan 23, 2024
Adaptive reuse report shows 55K impact of office-to-residential conversions
The latest RentCafe annual Adaptive Reuse report shows that there are 55,300 office-to-residential units in the pipeline as of 2024—four times as much compared to 2021.
Giants 400 | Jan 23, 2024
Top 70 Medical Office Building Construction Firms for 2023
PCL Construction Enterprises, Swinerton, Skanska USA, Clark Group, and Hensel Phelps top BD+C's ranking of the nation's largest medical office building general contractors and construction management (CM) firms for 2023, as reported in the 2023 Giants 400 Report.
Giants 400 | Jan 23, 2024
Top 50 Medical Office Building Engineering Firms for 2023
Jacobs, Salas O'Brien, KPFF Consulting Engineers, IMEG, and Kimley-Horn head BD+C's ranking of the nation's largest medical office building engineering and engineering/architecture (EA) firms for 2023, as reported in the 2023 Giants 400 Report.
