https://www.theverge.com/2021/1/4/22213774/epic-games-north-carolina-mall-new-headquarters

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Filed under:

  * Gaming
  * Entertainment
  * Tech

Fortnite developer Epic Games just bought a North Carolina mall for
its new headquarters

The new site is a few miles away from its current Cary location

By Kim Lyons Jan 4, 2021, 4:07pm EST

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[acastro_20] Illustration by Alex Castro / The Verge

Fortnite developer Epic Games is moving its Cary, North Carolina
headquarters across town to a large shopping mall, the company
announced. It's planning to convert the 87-acre Cary Towne Center
into its new home base by 2024.

Once development is complete, Epic says the site will include
recreational and office space, "customized from the ground up to
accommodate its long-term growth."

The company says it plans to begin development on the new HQ site
this year. Epic purchased the property from Turnbridge Equities and
Denali Properties, which bought it in January 2019 as part of a
distressed sale after the mall lost three of its anchor tenants,
according to the Triangle Business Journal. Turnbridge and Denali
planned to turn the site into a mixed-use development named Carolina
Yards.

Epic's plans for developing the property include demolishing some of
the existing structures on the site, a spokesperson said in an email
to The Verge, but the company didn't offer any further specifics.
saying plans are still in the early stages. Until the new
headquarters is ready, Epic will continue to operate out of its
current offices at Crossroads Boulevard in Cary, about three miles
away.

Epic raised $1.78 billion in a funding round last summer and has a
valuation of around $17.3 billion. And even though the company is
still embroiled in an ongoing legal battle with Apple over fees in
the App Store, Epic's Fortnite remained hugely popular in 2020, with
more than 350 million registered players as of May.

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