Cabala’s Coming to North Carolina?
Rumors have been flying around for some time and they now seem to be getting some legitimacy to them. Mebane NC seems to be the likely spot on the site of the old flea market on Buckhorn Road. Someone wants to build 1,000,000 sq feet of retail space there and although no one is saying for sure there seems to be a lot of speculation.
One owner Tommy Ellison said there was a potential buyer, but he could not say who.
“We don’t know ourselves,” Ellison said. “Nobody tells us nothing.”Ellison would not say how much he and his partners stood to make on the deal.
Richard McClellion, another of the current owners, told the Times-News in March that mega sporting goods store Cabela’s offered him $6 million for 120 acres of the mostly unused land the market sits on. He said it was not enough. Cabela’s did not confirm his story, but rumors the retailer is going to buy the land are persistent.
Cabela’s spokesman John Castillo said he had not heard about the project.
“That is not to say that our real estate department isn’t working on something,” Castillo said.
Hillsborough-Orange County Chamber of Commerce Executive Director Margaret Cannell said she did not know for sure Cabala’s was looking at the flea market but she did say, “I’ve heard that, too.”
“It’s somebody who’s been talked about for a long time,” Cannell said, “It’s retail use — destination retail.”
It is a vague description, but one that captured Cabela’s.
The Times News
Developing….
[...] massive retail plans for the proposed development off Buckhorn Rd in Orange County include among other things an illustration of signage, which includes [...]
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