Future Commercial Projects include two requests considered Oct. 20 by the town’s Technical Review Committee.
— Case SU-16-04 for a special use permit and site master plan for general commercial use on 100,000 square feet of the 64-acre site that was approved in 2011 for a fairly upscale shopping center to be called Wake Union Place. The developing entities in 2011, which were closely related, Interface Properties and Weingarten Realty Investors, pulled out of the project in 2012 and that summer a Miami, Florida bank holding firm called RREF BB NC SICP LLC, purchased the four parcels, apparently paying $3.5 million for what Wake County appraised as well over $9 million.
The new request, if approved, will also be called Wake Union Place. It was submitted by Michael Madden with Rialto Capital Management. A different and earlier request for an athletic store, Academy Sports, on the same 64-acre site, has been submitted for construction plan review, Assistant Planning Director Charlie Yokley said this week.
— Case SP-16-20 is a request for a site construction plan for a Suntrust bank building at 13700 Capital Boulevard, next to or on an outparcel for the Harris Crossing shopping center.
