Triangle Town Center

Triangle Town Center is a shopping mall in Raleigh, North Carolina. It is located in North Raleigh off U.S. Highway 1 (Capital Boulevard) and Interstate 540. The mall features the traditional retailers Belk, Dillard's, Macy's, and Saks Fifth Avenue.

Triangle Town Center

Location	Raleigh, North Carolina, USA
Opening date	August 14, 2002[1]
Developer	Jacobs/CBL Properties[2]
Management	Summit Properties USA
Owner	Summit Properties USA
No. of anchor tenants	4 (1 vacant)
Total retail floor area	1,272,263 sq ft (118,197.1 m2)[3]
No. of floors	2
Website	triangletowncenter.com

The Commons

East Entrance

History

Triangle Town Center opened on August 14, 2002^[1] with anchors Hudson Belk, Sears, Dillard's, and Hecht's.^[4] Construction of the mall required re-routing of existing roads.^[5] Saks Fifth Avenue, the state's first, opened later in 2004. The mall features a two-level Barnes & Noble, which serves as a junior anchor.^[6]

On July 26, 2008, at approximately 8 pm, a fight broke out on the mall's upper level. The fight involved approximately a dozen teenagers and incited upwards of 150 other teens to act out. The mall was evacuated. The fight lasted about 20 minutes before Raleigh Police and Wake County sheriff's deputies restored order. Raleigh Police say that the incident was gang-related.^[7]

On October 10, 2018, a water main broke causing the mall to evacuate and close early. The mall reopened a week later, with some stores closing for several months for renovations, including H&M, Kay Jewelers, and Zales Jewelers. The stores never reopened due to the COVID-19 pandemic. As of 2023, local businesses have occupied the former spaces.

On August 6, 2021, it was announced that Sears would shutter as part of an ongoing decision to phase out of its traditional brick-and-mortar format.

Kohan Retail Investment Group purchased the mall in November 2021.^{[8][9][10][11]}

New York-based Summit Properties USA purchased the 70-acre mall from Kohan in December 2024 as new development would come to the mall.

Anchors

• Belk 180,230 sq ft (16,744 m²) Signed as Hudson Belk until 2010
• Dillard's 206,000 sq ft (19,100 m²)
• Macy's 179,930 sq ft (16,716 m²) formerly Hecht's until 2006^[12]
• Saks Fifth Avenue 83,066 sq ft (7,717.1 m²)^[13]

Former anchors

• Sears 144,846 sq ft (13,456.6 m²) (closed 2021)^[4]
• Hecht's (became Macy's in 2006)^[12]

References

1. WRAL (2002-08-14). "Shoppers Pleased With Variety Of Stores At Triangle Town Center". WRAL.com. Retrieved 2022-08-19.
2. "News".
3. "Fact Sheet".
4. "Sears at Triangle Town Center closing in October; Markdowns have begun". WRAL.com. 2 September 2021. Retrieved 5 April 2023.
5. "Triangle Town Center to Open in 2002". 27 June 2000.
6. "Triangle Town Center to Close Early Because of Water Main Break".
7. Johnson, Anne (Jul 27, 2008). "Mall brawl gang-related, Raleigh police say". WRAL. Retrieved 2024-12-23.
8. Harshberger, Caleb (November 16, 2021). "Triangle Town Center sold again – but at fraction of previous price". Triangle Business Journal. Retrieved 22 November 2021.
9. By. "Triangle Town Center heading for foreclosure after owners default on $171 million loan". heraldsun. Retrieved 2019-07-02.
10. By (11 July 2019). "Triangle Town Center up for auction". cbs17. Retrieved 2019-07-23.
11. "LNR Partners buys Raleigh, NC, shopping mall for $120.4M". Retrieved 2019-10-21.
12. "N.C. Hecht's stores to become Macy's". Charlotte Business Journal. 29 July 2005. Retrieved 5 April 2023.
13. "Triangle Town Center directory". Retrieved 5 April 2023.

External links

• Triangle Town Center website

35.8663°N 78.5795°W / 35.8663; -78.5795