KBS/KRC – North Hills Park Central Mixed-Use Development – North Carolina - Project Profile
"KBS/KRC – North Hills Park Central Mixed-Use Development – North Carolina - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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KBS Realty Advisors (KBS) and Kane Realty Corp. (KRC) are undertaking the construction of the Park Central mixed-use community in Raleigh, North Carolina, the US.
The project involves the construction of a mixed-use community comprising a 16-story, 23,430m2, mid-rise apartment building. It includes the construction of a 3,382m2 ground-level retail and restaurant space, 286 multi family units which include 134 units with tower views, two club rooms, three exterior courtyards, a sauna, a pet spa, parking and related facilities.
The construction of the project commenced in the second quarter of 2015.
In February 2016, KBS signed a joint venture agreement with KRC for the construction of the park central mixed use project.
In November 2016, topping out ceremony held for the project.
In June 2017, the construction works on first 152 residential units completed and the entire project is scheduled for completion in the fourth quarter of 2017.
The project involves the construction of a mixed-use community with a 16-story, 23,430m2, mid-rise apartment building in Raleigh, North Carolina, the US.
The US$100 million project includes the following:
1. Construction of a 3382m2 ground-level retail and restaurant space
2. Construction of 286 multifamily units which includes 134 units with tower views
3. Construction of two clubrooms
4. Construction of three exterior courtyards
5. Construction of a sauna
6. Construction of a pet spa
7. Construction of parking facilities
8. Construction of related facilitiesReasons To Buy