RALEIGH, N.C.–(BUSINESS WIRE)–Nov. 8, 2017– Regency Centers Corporation (“Regency” or the “Company”) (NYSE:REG), a national owner, operator, and developer of grocery-anchored shopping centers has acquired approximately 22 acres in the Midtown neighborhood of Raleigh, NC.
The project, named “Midtown East,” will feature a 170,000 square-feet shopping center including a Wegmans grocery store and 54,000 square feet of additional retail. The Wegmans at Midtown East is currently scheduled to be the first store in the grocery’s chain to open in the state of North Carolina. The project is scheduled to open during the summer of 2019.