6 July 2022
Raleigh, N.C. — A discussion for a massive project for Raleigh’s North Hills wrapped up on Tuesday evening. Developers with Kane Realty are proposing two new skyscrapers.
However, for the plan to take flight, the area would have to be rezoned.
The plan includes a 40-story building on the parking lots along Six Forks Road and the corner facing Interstate 40 at Lassiter Mill would get a new building up to 30 stories high. Both buildings would be for mixed use, developers said.
If approved, Kane Realty says it would provide $9 million in property taxes to the city.
Developers said the proposal includes land dedicated for a bus transit, a new fire station and protected bikeways.
But some against the plan said it doesn’t include any affordable housing.
“This case isn’t ready to be approved, or at least not to get my support,” said Raleigh City Councilman Patrick Buffkin.
“I think we’ve got some work to do.”
Kane Realty will come back on Aug. 16 with additions to the proposal.