Business

These 4 businesses are joining a new Triangle development. What to know

A Triangle development still under construction has signed on four new tenants, including a restaurant.
A Triangle development still under construction has signed on four new tenants, including a restaurant. Courtesy of MPV Properties
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  • Fitness studio, nail salon, dentist and sandwich shop signed leases at Academy Village.
  • Proffitt Dixon plans residential component to complement the retail space.
  • First buildings at Fuquay-Varina development expected to deliver in Q1 2027.

Four businesses have signed on to join a new Triangle development.

The tenants will join a grocery store-anchored Academy Village, located in Fuquay-Varina.

While still under construction, the development will welcome a fitness studio, nail salon, dentist office and sandwich shop, in addition to Lowes Foods.

The first buildings of Academy Village, located off East Academy Street at Old Honeycutt Road, are expected to deliver in the first quarter of 2027. MPV Properties and Proffitt Dixon Partners are the developers behind Academy Village.

“Interest in Academy Village has been incredibly strong, and these new tenant commitments underscore the quality of this project,” Robbie Adams, director of retail at MPV, said in a news release. “With Lowes Foods as our anchor and an expanding mix of retail, dining, fitness, and service providers, Academy Village is poised to become a central gathering place for the Fuquay-Varina community.”

Lowes Foods will anchor the Academy Village development under construction in Fuquay-Varina.
Lowes Foods will anchor the Academy Village development under construction in Fuquay-Varina. Renee Umsted rumsted@newsobserver.com

Proffitt Dixon plans to build multifamily housing at Academy Village, which “is expected to provide a built-in customer base supporting long-term tenant success,” Adams said.

New businesses in Fuquay-Varina

Four restaurant, fitness, service and medical businesses will join Academy Village:

  • Club Pilates: Offering full-body, Reformer-based workouts, Club Pilates has more than a dozen locations throughout the Triangle, including in Raleigh, Durham and Chapel Hill.
  • Potbelly Sandwich Works: With four restaurants in the Triangle, this sandwich shop is expanding to Fuquay-Varina. Known for toasty sandwiches, the chain also serves soups, salads, cookies and milkshakes.
  • Avalon Nails: The salon will offer services including manicures, pedicures, specialty nail enhancements and spa treatments.
  • Wells Family Dental Group: With multiple locations across Raleigh, Wake Forest and Morrisville, this dental practice offers care for patients of all ages, with services such as preventative care, restorative treatments and cosmetic dentistry.
Potbelly Sandwich Works is expanding with a new location in Fuquay-Varina. This photo shows a “coming soon” sign at a now-open restaurant in Raleigh.
Potbelly Sandwich Works is expanding with a new location in Fuquay-Varina. This photo shows a “coming soon” sign at a now-open restaurant in Raleigh. Renee Umsted rumsted@newsobserver.com

Growth in Fuquay-Varina

Fuquay-Varina, where a new Target is being built, has been one of the fastest-growing towns in North Carolina in recent years. From 2020 to 2023, the population grew nearly 27%, from around 34,500 to 43,800, The News & Observer previously reported.

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Renee Umsted
The News & Observer
Renee Umsted is a service journalism reporter for The News & Observer. She has a degree in journalism from the Bob Schieffer College of Communication at TCU. 
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