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The planned development would have increased Cary's tax base by 18%. Site clearance and road work began, but construction was halted when a national recession forced the company to declare bankruptcy in late 1989. The Crossroads Mall site was soon purchased by New Market Development. In 1990, they filed drastically changed plans.
The Mazda MX-5 (NC) is the third generation of the Mazda MX-5 manufactured from 2005 to 2015. At its introduction in 2005, it won the Car of the Year Japan Award [ 3 ] and made Car and Driver ' s 10Best list from 2006 to 2013.
In the early 1990s Mazda almost created a luxury marque, Amati, to challenge Acura, Infiniti, and Lexus in North America, but this never happened, leaving the near-luxury Millenia to the Mazda brand. Many Mazda vehicles have been rebadged and sold with the Ford brand during the alliance of both companies. Most are noted in the pages of ...
An aerial view of people standing near destroyed and damaged buildings in the aftermath of Hurricane Helene flooding on Oct. 8, 2024, in Bat Cave, North Carolina. / Credit: Getty Images
Cary is a town in Wake, Chatham, and Durham counties in the U.S. state of North Carolina and is part of the Raleigh-Cary, NC Metropolitan Statistical Area. [1] According to the 2020 census, its population was 174,721, making it the seventh-most populous municipality in North Carolina, and the 148th-most populous in the United States. [3]
In 1988, the mall applied for a zoning change for a major expansion, [5] perhaps spurred by proposals for a "mega-mall" at Crossroads Plaza emerged only a mile away. [1] In 1991, the mall completed its expansion to 1.1 million square feet and was renamed Cary Towne Center by then-owners Richard E. Jacobs Group.
Cary is booming with new developments, including the Jordan project, the Rogers Restaurant and Motel redevelopment, and the Fenton mixed-use development off Interstate 40 and Cary Towne Boulevard.
The RX-7 and 626 buoyed Mazda's American fortunes enough for it to expand. Mazda built an American plant (now Flat Rock Assembly Plant) to build the 626, bringing the company to Ford's attention. The two joined on the 626's 2-door offshoots, the MX-6 and Ford Probe. Mazda finished the 1980s the same way as the 1970s, with an image-building ...