Kane Realty Corporation is preparing for the next two phases of its $1 billion North Hills Innovation District — a 33-acre development in Midtown that will feature a walkable ground level and four acres of outdoor natural areas.
During Phase 3, a six-story mixed-use building featuring 400 apartments and retail space will rise. Construction of St. Alban’s Residential will begin next summer with the first move-ins scheduled for summer 2025, The News & Observer reported.
Kane is also working on its master plan for Phase 4, which includes 450 apartments, 200,000 sqft of office space, and 15,000 sqft of retail.
Phase 1 was completed in 2020 with the opening of the Vine North Hills Apartments. Phase 2 is currently under construction and includes the Channel House Apartments (opening summer 2023) and an 18-story office building named Tower 5 (opening spring 2024).
Once complete, the NHID will have two high-rise office towers, four residential buildings, 60,000 sqft of retail space, and a two-story food hall.