Kane Realty's Senior-Focused Mixed-Use Building in Midtown Raleigh

0:00Cain Realty just dropped plans for an eight-story mixed-use building on Navajo Drive, right by Interstate 440 in Midtown Raleigh. They snagged this 28-acre spot back in January for $72 million, and is the kickoff to pushing their $1 billion. North Hills Innovation District Eastward, the Big Hook, its aim straight at folks 55 and older, filling a gap in the local housing scene. This spot includes an existing 365-unit apartment complex, and a big office tower there is set to tear down. The new setup calls for 207-1 and two-bedroom apartments, ground floor shops, fresh infrastructure, and a 290-space parking deck. It's part of slicing the land into 16 parcels for more builds down the line. Locals aren't all cheering, though. Residents have rallied under Midtown Neighbors United, firing up an online pushback against the sprawl. They want the city to pump the brakes and hear their worries about the boom changing the neighborhood vibe. Meanwhile, Keynes got more irons in the fire.

1:01They broke ground on the tributary nearby, a six-story spot with 332 apartments in retail. A 15-story tower is in the works too, plus partnerships like with McCourt out in L.A. to level up the district. All this points to North Hills evolving fast, blending senior living with walkable spots that could redefine Midtown for years to come. Stay informed with Durham News Today, AI-powered updates. I'm Corey with The Story.