New Publix-Anchored Shopping Center Announced in Triangle Area

Clayton, NC (October 2019) – The Morgan Companies (“Morgan Cos.”) and Flowers Plantation are pleased to announce plans for a new Publix-anchored shopping center located 5 miles east of Clayton, NC in Flowers Crossroads at Flowers Plantation.

Marketplace at Flowers Crossroads will be located along N.C. Route 42 at SW Flowers Parkway, which will be extended to Buffalo Road as part of the development. Morgan Cos. will own, develop, and lease the 48,000 square foot Publix and 9,400 square feet of inline retail shops. Construction of the Publix is expected to be completed by Fall 2020.

Morgan Cos. purchased the 6.7-acre Publix parcel on October 7th, 2019. Flowers Plantation will retain and develop the site’s surrounding acreage.

“We couldn’t ask for a better partner in this process,” said Jeff Surrency, Executive Vice President of Development for Morgan Cos. “The Flowers team has developed a wonderful community in this area, and we are excited to be a part of it.”

Marketplace at Flowers Crossroads is located within the eastern commercial portion of Flowers Plantation, the largest planned community in the Research Triangle. The 3,000-acre Planned Unit Development, which currently includes 44 neighborhoods, will have approximately 8,000 homes when fully developed.

About Flowers Plantation

Flowers Plantation, a 3,000-acre Planned Unit Development, is the largest planned community in the Research Triangle. Conveniently located just minutes from RTP, shopping, entertainment, universities and medical centers, all of our new homes are within a serene, country lifestyle environment while still located just minutes from the State’s capital city of Raleigh. The Flowers Plantation planned community blends the joys of modern living with the finest traditions of the past.

For nearly three decades, Flowers Plantation has offered families beautiful residences in the Triangle area. Our homes are available in a wide range of sizes, floor plans and prices, in order to meet the unique needs of today’s modern family. In addition, there are no city taxes in Flowers Plantation.

Flowers Plantation also features top-quality amenities and recreational programs to sustain an active community life. From taking a walk or bike ride on over 20 miles of walking trails to exercising at our premier fitness facility, The Pineville Club, we offer our residents a wide array of amenities to keep the whole family entertained.

Please visit www.flowersplantation.com for more information.

About The Morgan Companies

For more than 40 years, the professionals at The Morgan Companies have produced quality commercial developments for its principals, clients, and investors. We have acquired, developed, managed, and leased over $1 billion in multi-sector assets in markets across the eastern U.S.

We handle all phases of the complex development process from site selection and governmental approvals to financing and construction. We also provide effective leasing programs and property and asset management services for retail shopping centers, office buildings, hotel, medical facilities, and single-tenant properties. Our working relationships with national, regional, and local tenants build sustainable occupancy levels and tenant mixes that reduce the likelihood of future turnover. Morgan has the people, expertise, and resilience to provide solutions for all your real estate needs.

We are proud to continue this tradition and look forward to working with you to achieve your goals. For more information, please visit www.themorgancos.com.

In the Media

For more information, please contact us.