Project highlights:
• ~$26M investment
• Expansion to 6 lanes with a divided median
• Removal of left turns from side streets
• New sidewalks + crosswalks
CRE takeaway:
• Improved traffic flow can increase corridor visibility and accessibility
• Safer, more “controlled” access often attracts national tenants
• Infrastructure upgrades tend to reshape retail patterns over time
Translation: better roads = better retail corridors (long-term).
J Dylan Cunningham, CCIM is the founder of Oak Street Commercial Real Estate, LLC, a firm located in Apex, NC on a mission to help business owners and commercial real estate owners create long-term strategies that align with their objectives through real estate.
We believe in going beyond the transaction, taking a deep look at where you want to be in five, ten or even twenty years from now—and how we can help you get there with thoughtful, strategic decisions today.