North Hills real estate is on the brink of another development growth spurt, with more than $250 million in new building projects either under way or expected to break ground soon.
According to the newsobserver.com, "More than $750 million in private investment over the past 10 years has been spent on the redevelopment of North Hills, once an enclosed shopping mall that’s being transformed into a mixed-use project that has grown to cover about 100 acres on three of the four corners of the Six Forks Road intersection with Interstate 440."
2014 is already shaping up to be one North Hill's busiest years yet. There will be two apartment communities built, a 137 room hotel, and an amphitheater!
Here is a breakdown of a few the projects that are newly open or underway in North Hills real estate :
- Midtown Park and Amphitheater. A manicured, tree-lined park that will cover a 100 - by 350-foot area in the center of the North Hills East property. Designed by the Clearscapes architecture firm of Raleigh, it will feature a sloping, tiered grass lawn leading to an amphitheater stage designed by Clearscapes’ principal and Raleigh sculptor Thomas Sayre.
- Chuy’s restaurant. A nearly 8,000-square-foot building that has been pre-leased to the Austin, Texas-based Tex-Mex restaurant chain Chuy’s. The standalone restaurant will anchor the west end of the Midtown Park park area.
- The Cardinal at North Hills. A 160-unit continuing-care retirement community that will be operated by Kisco Senior Living of Carlsbad, Calif., and co-owned by Health Care REIT of Toledo, Ohio. It will have both independent living and assisted living apartments, as well a nursing and memory care facility. Its 35,000-square-foot clubhouse will have three dining venues, a fitness center and an indoor pool.
For more information on the new opened and upcoming projects in and around the North Hills area of Raleigh NC, be sure to check back with us on our next post. We will go over a few more businesses!
North Hills Real Estate | The Roark Premier Team
In the meantime, if you've been considering a move to the up and coming North Hills area, be sure to contact our North Raleigh real estate agent. We would love to meet with you and show you around the area, as well as show you a few of the available homes for sale!