Today, Kane Realty announced that additional apartments at North Hills will open in late 2009. Park & Market is a $125 million, 900,000 square-foot, mixed-use, retail and residential project and will be home to the two-story Harris Teeter we’ve written about previously.

Park & Market will have six levels of high-end apartments (409 total homes) above 93,000 square feet of street-level retail. Residents will enjoy direct, in-building access to the 48,000-square-foot Harris Teeter. An interior structured parking deck with approximately 750 parking spaces will be available for both residents and visitors. Studio, one- and two-bedroom units will range from 640 to 1,370 square feet.

Some of these apartments (approximately 40) will open later this fall, along with the CAPTRUST tower, and more will open in 2009 and 2010.

“With the expansion of North Hills, we look forward to adding more open space where people can congregate to listen to live music and to enjoy other special events,” said John Kane. “For Park & Market residents, green space equal to the size of a football field will be just steps away.”

I’m looking forward to seeing what this green space will be like and what type of events will be there. This project is good in that it will provide additional residential opportunities at North Hills. The new apartments likely won’t be cheap, but some would say you get what you pay for, and this is a premium area in Raleigh. Check out the picture below to see current construction on the project:

What do you think about these new apartments at North Hills?

Share This