Business

New 18-story building at North Hills a good sign for economy, developers say

On Wednesday, work begins on a new 18-story high rise building at North Hills.

Posted Updated

By
Leslie Moreno
, WRAL multimedia journalist
RALEIGH, N.C. — On Wednesday, work begins on a new 18-story high rise building at North Hills.
Developers for The Cardinal at North Hills, a Kisco senior living community, said the construction is a positive sign for the economy, especially considering the devastating blow from the COVID-19 pandemic.

Although businesses were impacted, developers say the pandemic has not slowed down plans for growth at North Hills. The area will look very different over the next several years, and that's a good thing, officials say.

The building will feature 151 independent living and 40 assisted living apartments, health care services, a 35,000 square-foot clubhouse overlooking gardens, private, pub-style and fine dining, game and media rooms, a creative arts studio and woodworking shop, a gym with senior-friendly equipment, an indoor, heated salt water lap pool and more.

Developers for The Cardinal at North Hills, a Kisco senior living community, said the construction is a positive sign for the economy, especially considering the devastating blow from the COVID-19 pandemic.

The apartments come with granite countertops, new appliances, walk-in closets, large patios and balconies and temperature-controlled storage units.

MJ Ritschel, Kisco's chief investment officer, said the new luxury community will help boost the local economy.

"Over the next couple years, we're creating a couple hundred construction jobs," he said. "When we open, [The Cardinal] will be fully staffed with, in addition to our associate workforce, another 70 or so permanent positions."

The high-rise building is scheduled to welcome residents in spring 2023. A virtual groundbreaking event will be held at 1 p.m.

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