August 20, 2026
For most of this year, the corner of Chatham and Academy has looked like a construction site with a story attached. The building at 107 E. Chatham Street spent its recent past as Gurkan's Downtown Auto Repair, but before that it was an Amoco filling station, opened in 1951 by a man named K.M. Lloyd. An old ad tucked into the 1934 Cary High School yearbook once described the corner as "the cheerful place on the corner." That phrase is about to get a second life. Sometime before the end of August, the building reopens as Lloyd's Full Service, a full restaurant with a patio and fire pit built where the pumps used to be.
That single building tells you more about downtown Cary right now than any list of new restaurants could. A mile and a half east, Fenton keeps adding national retailers to its 92-acre footprint. Four or five blocks around Chatham and Academy are filling in a different way entirely: one historic building, one local owner, one opening date at a time.
Fenton is easy to describe because it was designed to be described. Hines and Columbia Development are building an $850 million district anchored by Williams-Sonoma, Arhaus, Sephora, and Kendra Scott, with restaurants like Colletta and Crawford Brothers Steakhouse arranged under a single master plan on what used to be a blank interchange lot at I-40 and Cary Towne Boulevard.
Downtown proper is doing something else. Three arrivals landing within about five weeks of each other show the pattern clearly:
None of these three needed a developer's master plan to happen. Juliet Books is one owner's project. Lloyd's Full Service is being built by Early Bird Night Owl Hospitality, the same group already running The Mayton hotel a few blocks away and currently building The Gables in Raleigh, effectively reinvesting one Cary property's success into restoring another. K38 is a regional chain, but it picked an existing storefront on an existing street rather than angling for space inside a new development.
This wave is landing on a street that already had its own identity. Hank's Downtown Dive, at 111 E. Chatham, has built a following on a rotating small-plates menu, oysters, and a gin gin mule that regulars order by name. Pastrami Tom's Deli and Grill sits a few doors down on W. Chatham. Lawrence Barbecue smokes meats a block over on Cedar Street, and Faulisi Caffe and Enoteca covers the Italian café end of things at 215 E. Chatham. A few blocks further, the Chatham Square shopping center has quietly stacked up its own range: Beijing Cafe, Scratch Kitchen and Taproom, Himalayan Nepali Cuisine, Chengdu 7 Sichuan Cuisine.
None of that is new. It's the reason the corridor could absorb three independent openings in five weeks without feeling like it was overbuilding. A street with no existing foot traffic doesn't get three separate bets placed on it in the same month. This one already had the traffic.
| Fenton | Chatham and Academy corridor | |
|---|---|---|
| Development model | Single $850 million master plan (Hines and Columbia Development) | Independent buildings, separate owners |
| Anchor tenants | Williams-Sonoma, Arhaus, Sephora, Kendra Scott | A restored 1951 filling station, an indie bookstore |
| Signature restaurant group | Colletta, Superica, Crawford Brothers Steakhouse | Early Bird Night Owl (The Mayton, Lloyd's Full Service) |
| Newest arrival this year | REEDS Jewelers, announced for a December 2025 opening | Lloyd's Full Service, K38, Juliet Books, all within weeks of each other |
Downtown Cary Park sits at the center of all this, and it hosts a different kind of programming than Fenton's ice rink and Makers Market. Earlier this month, the park's terrace ran a bourbon release party and a paired chef's dinner tied to a small local spirits label, the kind of one-off event that works specifically because the park is a short walk from the restaurants covering it. Later this August, the Lazy Daze Arts & Crafts Festival returns for its 50th year, a Cary tradition that predates Fenton, The Mayton, and most of the buildings currently being renovated around it.
None of this changes what a house costs or what the commute looks like from either side of town. It changes where an evening downtown actually happens. For a few years, "going out in Cary" has quietly meant driving to Fenton, simply because that's where the restaurant density lived. That's no longer automatically true on the blocks around Chatham and Academy. A short walk now covers a 1951 filling station turned restaurant, a locally owned bookstore, a seventh-location taco spot with a surfing origin story, and a handful of restaurants that were already drawing a crowd before any of this started.
Fenton isn't going anywhere, and it isn't competing for the same dollar. It's building a regional destination from scratch. Downtown is rebuilding a neighborhood one storefront at a time, and this August happens to be the month enough of those storefronts opened at once for anyone paying attention to notice.
If you're weighing what a walkable evening near downtown is actually worth against a home closer to Fenton, or you're just curious how these two ends of Cary compare street by street, that's the kind of local read Crumpler Realty Group gives every Cary client. Take a look at our Cary neighborhood guide or catch up on what the last few summer weekends looked like downtown, and when you're ready to talk through what any of it means for your own move, book a free consultation with our team.
Together we have purchased, updated, renovated, and sold multiple homes in Apex, Holly Springs, and now Cary. We have helped first time home buyers, growing families, empty nesters downsizing, investors, and buyers looking for their dream vacation home in the mountains or coastline of North Carolina. Each client and move are unique, different, and usually has many moving parts. Through our personal and professional experience, we can help you with your next move.
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