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 Certificate of Need issued with this approval signals The Cardinal’s adherence to the highest standards in design and operating projections.

Development partners Kane Realty and Drucker & Falk also announced that Duke University Health System will provide a fully-integrated 20,000-square-foot health and wellness center that includes the Duke Center for Living, a fully-equipped fitness facility with state of the art equipment and indoor heated pool, healthy living education, an on-site primary care clinic, and lifelong learning programs. Future residents of The Cardinal will enjoy many opportunities for personalized services, including dedicated concierge services to navigate the full range of Duke’s medical specialties, along with routine health and wellness care.

“As our population ages, baby boomers approach retirement, and seniors become more and more active, The Cardinal provides the ideal venue to enjoy an active and healthy lifestyle,” says Dr. Victor Dzau, chancellor for health affairs at Duke University and president/CEO of Duke University Health System. “Duke University Health System is pleased to be a partner in this project.”

The Cardinal will integrate senior living with the multi-generational, pedestrian-friendly development at North Hills. The community will offer an inclusive and vibrant neighborhood to enhance the well-being of residents. Pre-sales continue to outpace expectations and groundbreaking is planned for the second quarter of 2009.

“A community like The Cardinal, which is located in an urban center and offers everything a person could need or want outside their doorstep, is the future of senior living,” said Martha Grove Hipskind, director of senior living at Kane Realty. “The continuum of care for senior adults is being redefined, and The Cardinal is part of new trends in active, urban and environmentally sustainable senior living.”

From conveniences like banking, dining and shopping to extravagances such as high-end boutiques and spas, four-star hotel rooms, office and green space, live music, cinemas, national retailers, art galleries and coffee shops – The Cardinal offers an urban lifestyle within walking distance. Especially close at hand to residents will be a two-story 48,000-square-foot Harris Teeter, multiple dining options and an all-suites hotel.

Perkins Eastman, one of the top 10 architecture and design firms in the world, serves as the community architect. Perkins Eastman will incorporate the latest design concepts to enhance an independent lifestyle for residents while connecting them to the wider community of North Hills. With more than 800 professionals and 10 locations, Perkins Eastman has received national recognition for its sensitivity to seniors and for providing affordable and creative solutions that bridge housing and health care.

The Cardinal will offer a variety of luxurious one- and two-bedroom floor plans ranging from approximately 900 to 2,500 square feet. Features include nine-foot ceilings, open kitchen designs, top-of-the-line appliances, a private terrace for each residence and high-end designer upgrade finishes, such as hardwoods, in all common areas. Some floor plans offer sunrooms and studies.

For more information, visit The Cardinal’s sales center, which is around the corner from Bonefish Grill and across from Brothers Cleaners in North Hills or call (919) 781-2021 or (888) 781-2021. Please visit our Web site at www.thecardinalatnorthhills.com.

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