Big boxes · North Carolina
Midtown BioCenter
Retrofit completed 2023; life-sciences facility on Six Forks Road, Raleigh. County growth and rent metrics support viability. Peer retrofits in NC. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile5 elements · what this retrofit is built with · tap a chip for the evidence
3+ other atlas sites within 10 km
This site: 3 within 10 km computed · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 5,568 units, Wake County census-bps · all sites with thisFast-growing county (8%+ 2018–23)
This site: 10% census-acs · all sites with thisInterstate or freeway within 600 m
This site: US-70 fhwa-hpms · all sites with thisReinhabited
This site: …life-sciences facility record · all sites with thisNow
| Status | Retrofit builtnewtypes-extraction reported |
|---|---|
| Strategy | ReinhabitedWikipedia no source |
| New uses | healthcareWikipedia no source |
| What is there now | life-sciences facilitynewtypes-extraction reported |
| Retrofit year | 2023newtypes-extraction reported |
| Redeveloper | Targannewtypes-extraction reported |
Site context
| Housing permits, Wake County (NC), 2024 | 5,568 units in 5+ unit buildings, 60 in 2–4, 9,620 single-family; 2023: 8,190 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 3 within 10 km, 5 within 25 km: Former Kmart Building on Western Boulevard (0.0 km); North Hills Mall (6.3 km); Kaye Martin Garner (8.0 km)computed |
| Retail trade in the county, 2025 (BLS QCEW) | 64,762 jobs in 3,664 establishments; average annual pay $42,629; employment location quotient 0.98; employment -0.1% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 43,656 jobs; 345 in retail trade, 2,285 in accommodation and food (workplace blocks summed to tract 37183050100)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 30th income percentile as adults; 6.6% incarcerated at the 2010 count (76 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | not a low-access tract at 1 mile; 2% of residents more than 1 mile from a supermarket; poverty rate 14.0%; median family income $134,250; 161 SNAP householdsUSDA ERS |
| Schools | Wake County Schools (PK-12); 10 public schools within 1 mile: The Exploris School; Hunter Elementary; Ligon Middle; Washington ElementaryNCES EDGE |
| Elevation | 362 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 649 county-logged events: 322 thunderstorm wind, 165 flash flood, 125 hail, 20 heavy rain; $186,011,000 property damage reported; 3 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 27601, 2026-09 | median list price $642,500 (+3.6% on the year); 67 active listings; median 79 days on market; 22% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 3,618 establishments (+14%); 65,004 jobs (+26%)Census CBP |
| Housing market in the county | typical home value $471,020 (-2% 1 yr, +18% 5 yr); typical rent $1,659/mo (+1% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 25,036 vehicles a day on US-70 (freeway or expressway, 3 lanes); 40 counted segmentsFHWA HPMS |
Summary, model-written
Midtown BioCenter in Raleigh, NC, completed a 2023 retrofit of a former grocery store (100,000 sq ft) into a life-sciences facility. Developer Targan opened the facility on Six Forks Road in 2023.
Why. Retrofit strategy: reinhabit. County population grew 10% 2018–2023. Median rent $1,508.
Where it stands. Built. Located near other retrofits: Kmart Building (0 km, under construction), North Hills Mall (6.3 km), Kaye Martin Garner (8.0 km).
For a planner
- Adjacent to US-70 freeway (3 lanes, 25,036 ADT).
- Wake County permits show $3.7B in construction value (2023).
- Housing ZHVI: $471,020 (down 1.7% YoY).
For a developer
- Peer retrofits in NC include Oak Hollow Mall (5.0 score), Freedom Mall (5.0).
- No active development status noted beyond 2023 retrofit.
What we do not know yet
- Opp_score 0.0 contradicts listed reasons.
- Original grocery tenant closure reason unknown.
- No details on lease terms or occupancy rates.
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Kaye Martin Garner, Garner, NC · Big boxes · same strategy: reinhabit; also in NC; 8 km away
- Price Chopper and Hobby Lobby, Gladstone, MO · Big boxes · similar GLA (112,000 sq ft); same strategy: reinhabit
- Pearl Harbor Aviation Museum, Honolulu · Other · similar GLA (87,000 sq ft); same strategy: reinhabit
- Jagalchi, Daly City, CA · Malls · similar GLA (75,000 sq ft); same strategy: reinhabit
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- retrofit already built
- county grew 10.0% 2018–23
- median rent $1,508
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Gross leasable area | 100,000 sq ftnewtypes-extraction |
|---|---|
| Anchors | Kroger |
| County | Wake County |
| Census division | 5 · South Atlantic |
| Notes | Draft from wral.com, model-extracted, unreviewed: An empty big-box Kroger store on Six Forks Road in Midtown Raleigh was converted into the 100,000 square-foot Midtown BioCenter, a life-sciences facility for Bio-systems company Targan, opening in 2023. |
Not yet recorded: acres, year opened, original developer. Know it? Tell us.
Timeline
- 2023 Targan opened its newest facility on Six Forks Road.
- 2023 Retrofit: reinhabit
Sources
- Empty big-box store converted to life-sciences facility in Midtown ...
2 quoted sentences
Midtown BioCenter
Bio-systems company, Targan, opened its newest facility on Six Forks Road.
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