Received this press release this morning and wanted to pass it on:
The Cardinal at North Hills Receives Certificate of Need
Certificate highlights commitment to deliver top-notch health care services; Ground breaking on target for second quarter 2009
RALEIGH, N.C. – Feb. 9, 2009 – Kane Realty Corporation and Drucker & Falk LLC today announced that The Cardinal at North Hills has received approval from the North Carolina Department of Health and Human Services to construct a multi-level health care center offering assisted living, memory care and skilled nursing services for residents. The …

Today Captrust Tower at North Hills announced that it now has its fourth tenant – the American Board of Anestesiology. Apparently the ABA signed a lease in December to move its headquarters there and occupy more than 13,500 square feet of space when the building opens in fall 2009. The ABA joins the following three companies in the Captrust Tower:

Captrust Financial Advisors
Ogletree, Deakins, Nash, Smoak, & Stewart, PC – law firm
CB Richard Ellis – large real estate brokerage firm

With this new deal, more than one-third of the building is pre-leased …

Today, Duke Realty and Kane Realty announced that they are working to make Captrust Tower at North Hills the first speculative office building in Raleigh to go green – a.ka. achieve the Leadership in Energy and Environmental Design (LEED) Silver certification for New Construction by the U.S. Green Building Council (USGBC).
They’re aiming for Silver certification, which is the third highest in LEED’s scale of greenness, after Platinum and Gold, but higher than Certified. To put things into perspective, there are only about 100 buildings in the world that have achieved …

Yesterday (Monday) morning, I visited the sales model over at the new Ramblewood condominiums, or “the stacked flats” as they are commonly called. Ramblewood is part of Kane Realty’s plan for North Hills Raleigh, and this neighborhood is located about a minute or two away from the main North Hills shopping center. If you’re going south on Six Forks, you pass the exit for the Beltline on your right and then take the next right, and Ramblewood is on your left. The area includes the condos, town homes and larger …

It’s about time. Fresh off the North Hills Raleigh press is the news that the Alexan at North Hills finally has recycling. It only took about 2 years…but it’s here now, and we should be glad. No more throwing bags of glass bottles and cans down the trash shoot and hearing all the bottles shatter at the bottom.
According to the flyers posted around the apartment complex,  there are now two recycling bins located in the loading dock area (LL on the main service elevator). The containers are labeled for plastic …

The Lassiter at North Hills will be a collection of 49 condominiums ranging from $490k to over $2.5 million (according to their website). North Hills Buzz is planning on devoting some time/research into discovering why they haven’t started building The Lassiter yet and when they plan on starting. We have a few theories and facts, but before we dive in, does anyone have any knowledge of this subject? Feel free to post a comment here or use the contact form if you don’t want your comment to be seen. Also, …

It looks like we might not be getting a publicly financed parking deck over at North Hills East, which is a project across the street from the new North Hills mall.
Developer John Kane wants tax breaks totaling more than $100 million over 20 years to build a parking deck for the area.
The proposalWenn man nur mit einem Blatt gegen den Geber profitiert, dann <a href=”http://www.pokermeine.de”>poker</a> man unentschieden (keiner gewinnt oder verliert). calls for the deck to be paid for with a public financing tool called TIFF financing. However, Charles Meeker …

A former president of developer Kane Realty was sentenced Wednesday to 30 months in prison in a stolen goods case.
Clifford A. “Mickey” Clark, 55, of Raleigh, pleaded guilty in April to interstate transportation of stolen property. Clark served as president and chief financial officer of Kane Realty for at least five years, ending in 2002, authorities said.
The stolen goods charge stemmed from the theft of more than $1 million from Kane Realty accounts where money was in trust for the owners of retail properties managed by Kane, authorities said. Clark …