 However, the store closed in December 2016.Plans are in the works to transform Cary Towne Center from a traditional mall to a mixed-used development.Spurred on by an announcement made by IKEA to open a 350,000-square-foot store in 2020 where Sears and Macy's were once located, CBL began the rezoning process alongside the Town of Cary to redevelop the property.