North Hills 2019 Year End Review & 2020 Outlook A new decade always brings about reflective thinking on how things have changed over the prior decades. At North Hills, the six decades of change are notable. In 1960, Six Forks Road was barely more than a dirt road. A few years later I-440 opened bringing…
North Hills 2019 Mid Year Update Mixed use. Urban district. Pedestrian friendly. Active streets. Outdoor seating. 24-7. These are all buzz words for great places. Great places where people want to gather. Where people want to be. A place where people work. And live. And visit. And shop. And eat. And play. North Hills has…
North Hills 2018 Year End Review & 2019 Outlook The transformation of North Hills is due to strong urban planning that’s focused on anticipating instead of reacting. It is a place positioning itself to accommodate the needs of tomorrow by applying innovative and creative thinking to this place. Now in 2019, we look forward to…
Luxury Living: North Hills debuts Triangle’s newest high-end apartment community Originally published in the Triangle Business Journal on July 7, 2017 Competition among the Triangle’s luxury apartment market has heated up with the opening of the first phase of units at North Hill’s new 16-story Park Central mixed-use building. Park Central’s first tenants began moving in June…
North Hills steals downtown Raleigh tenant Originally published in the Triangle Business Journal on June 15, 2017 The Raleigh office of the Troutman Sanders international law firm will soon be moving out of its downtown Raleigh high-rise building and relocating to midtown. Walter Fisher, managing partner of the firm’s Raleigh and Charlotte offices, confirms the law firm…
North Hills time capsule opened after 50 years Originally published in the Triangle Business Journal on June 8, 2017 With a crowd of hundreds watching, a piece of Raleigh’s past was uncovered Thursday when North Hills opened a time capsule from June 8, 1967. The time capsule was buried 50 years ago at the beginning of North…
North Hills Unearths Time Capsule Originally published by WRAL on June 7, 2017 RALEIGH, N.C. — North Hills took a trip back in time Thursday morning when officials unearthed a time capsule buried 50 years ago. The capsule was buried June 8, 1967, in the sidewalk outside of the Cardinal Movie Theater. The capsule was part of…
Kane: New projects along St. Albans to start ‘very shortly’ Originally published in the Triangle Business Journal on April 20, 2017 Raleigh City Council has signed off on Kane Realty’s plan to extend its high-density development ambitions at North Hills, giving unanimous approval this week for a rezoning request. The approval extends the project 35 acres south…
Kane pays $6.9M for North Hills land expansion Originally published in the Triangle Business Journal on February 9, 2017 Developer John Kane has closed on the purchase of one of two parcels on St. Albans Drive adjacent to his newest phases of development at North Hills. With the acquisition, he plans to extend commercial development even farther.…
Here’s what’s in store for North Hills in 2017 Originally published in the Triangle Business Journal on January 31, 2017 If 2016 was a big year for North Hills and John Kane’s Kane Realty Corp. with the opening of $120 million in new building projects, then 2017 is expected to be even bigger. Close to $285 million…
North Hills developer taps 34 acres for expansion Originally published in the Triangle Business Journal on September 2, 2016 With Kane Realty Corp. coming close to maxing out its development potential at North Hills over the next few years, developer John Kane is working out a way to buy more land fronting the I-440 Beltline for future…
Kane joins New York group to buy North Raleigh Hilton for $42 million Originally published in the Triangle Business Journal on May 4, 2016 Kane Realty Corp. has stretched out of its traditional zone of building new hotel developments in Raleigh to buying one of the largest existing hotel properties in Raleigh. Kane Realty, as part of…
As the construction cranes finish the first of the next phase of towers, the benefits of an urban district like North Hills are so apparent. Office workers, residents and hotel guests have such easy access to everything they need and want. North Hills is constantly alive with activity…
Concord Hospitality and Kane Realty Break Ground on 135-Room AC Hotel at North Hills in Raleigh, NC Originally published on HotelOnline.com on December 16, 2015 RALEIGH, N.C. (December 16, 2015) – Dennis Edwards, President & CEO of the Greater Raleigh Convention and Visitors Bureau, joined government, economic development and tourism officials to help break ground on North Carolina’s…
New Hotel Makes Market More Diverse Originally published on TWCNews.com on December 15, 2015 RALEIGH — Construction is underway on the newest hotel coming to Raleigh. AC Hotel by Marriott, which is scheduled to open in the beginning of 2017, will add 135 rooms to the nearly 16,000 hotel rooms already in Raleigh. And that number continues to…
New, European-inspired hotel rising at Raleigh’s North Hills Originally published on WNCN on December 15, 2015 RALEIGH, N.C. (WNCN) – There was another groundbreaking at Raleigh’s North Hills district Tuesday, this time for a sleek and refined hotel. AC Hotels by Marriot has chosen Raleigh for one of its first American locations. The chain already has 75…
Allscripts Healthcare Signs Major Office Lease at North Hills in Raleigh Originally published in Multi-Housing News on June 12, 2015 The new 12-story office tower Kane Realty is developing in Raleigh’s flourishing North Hills district will be anchored by Chicago-based electronic medical records company Allscripts. The soon-to-be-built 330,000-square-foot Midtown Plaza will be located at the corner…
Raleigh’s North Hills gains new office tower Originally published in BusinessNC.com on May 28, 2015 Raleigh developer John Kane plans a 12-story building in Raleigh’s North Hills district for Allscripts Healthcare Solutions Inc., a Chicago-based health care technology company with a background connected to two of North Carolina’s most successful businessmen. Allscripts plans to move 1,000…
Allscripts to build 12-story tower at North Hills Originally published in the Triangle Business Journal on May 28, 2015 North Hills development firm Kane Realty Corp. has confirmed that health care technology company Allscripts will be moving its 1,000 employees in Raleigh to a new 12-story office tower planned at North Hills. Allscripts (Nasdaq: MDRX) will be…
CBRE secures $29M financing package for apartment project Originally published in Real Estate Weekly on May 27, 2015 CBRE Capital Markets’ Debt & Structured Finance team has secured $29.3 million in construction and mezzanine financing for the development of The Dartmouth, a 171-unit, mid-rise residential project located at 104 Dartmouth Road, Raleigh, North Carolina. Mark Fisher…
CBRE team secures $29.3 million for the development of The Dartmouth Originally published in the Greenwich Post on May 15, 2015 CBRE Capital Markets’ Debt & Structured Finance team has secured $29.3 million in construction and mezzanine financing for the development of The Dartmouth, a 171-unit, mid-rise residential project located at 104 Dartmouth Road, Raleigh, North…
CBRE Secures $29.3M Financing for Kane Realty’s Multifamily Project at North Hills in Raleigh Originally published in Multi-Housing News on May 14, 2015 Through its Debt & Structured Finance team, CBRE Capital Markets has arranged $29.3 million in construction and mezzanine financing for The Dartmouth, a 171-unit luxury apartment building rising at 104 Dartmouth Road in…
Kane secures financing to start next phase of construction at North Hills Originally published in the Triangle Business Journal on May 13, 2015 Kane Realty Corp., developer and owner of much of the North Hills site in midtown Raleigh, has secured both construction and mezzanine financing for the construction of the next major apartment project at North…
CBRE Secures $29.3 Million In Construction And Mezzanine Financing For Multi-Family Development In Raleigh, NC Originally published in CityFeet.com on May 12, 2015 CBRE Capital Markets’ Debt & Structured Finance team has secured $29.3 million in construction and mezzanine financing for the development of The Dartmouth, a 171-unit, mid-rise residential project located at 104 Dartmouth Road,…