Raleigh's Triangle Town Center is undergoing more development. This time, food is the focus of the project.
Local group filed plans for a Moe's Southwest Grill restaurant and a Brunches Restaurant at the Poyner place shopping center along Triangle Town Boulevard.
Plans show a two-tenant, one-story building at 7851 Target Circle. This is a vacant land next to Applebee's (NYSE: TGT), and close to the Target store in Poyner Place. Bullard Restaurant Group owns the property for the outparcel.
The Raleigh-based company began operating restaurants in the Carolinas in 1980. It operates Burger King, BurgerFi and Smithfield's Chicken 'N Bar-B-Q as well as Moe's Eatery and CoreLife Eatery.
According to the filings, the proposed outparcel measures 9,000 square foot. The tenant of the larger part of the building is 'Brunches.' The same-named restaurant in Wilmington offers brunch at three locations along the coast.
The Moe's section of the building will have a drive-thru. On both sides, a small patio is visible. The filings also indicate 41 parking spots.
The parcel is located on a 1,08-acre property zoned for up to four-story commercial buildings. C-Net Properties LLC, an entity registered with the Bullard family, purchased the property for $997.500 in 2006.
Moe's Southwest Grill has about 20 locations in the Greater Triangle, including seven restaurants in Raleigh.
Poyner Place, a retail center of 426.333 square feet owned by Ohio's Site Centers (NYSE SITC), is located in Poyner.
Since years, the Triangle Town Center has had a difficult time attracting foot traffic. It was sold in 2021 to a new owner. A rezoning application was submitted last year to allow taller buildings to be built on a part of the mall's property.
Two different developers, Concord Hospitality and AGS Hotels, have also submitted plans for hotels in the vicinity of the mall. In the same area, 300 townhomes are also being planned. The clusters of smaller shopping centers in the area continue to be busy, and new tenants are moving into them.