A senior residential project planned at North Hills will feature a range of independent and assisted living options along with a movie theater, spa, pool, billiards and a bistro.
The Reserve at North Hills will be a five-story center with 189 units that is scheduled to open in early 2020. Construction will begin this spring. Reservations will be accepted beginning a year from now.
The project is a partnership between Navion Senior Solutions, a Triangle-based operator of senior housing, and NorthView Partners, a local firm that will be the general contractor.
This week they announced that the partners have bought 8.49 acres on St. Albans Road, between Wake Forest Road and Hardimont Drive. The land had been held in a trust.
The complex will be spread out over 265,000 square feet. The partners paid close to $4 million for the land.
The center will be across the street from 50 acres purchased last year by Kane Realty and Dewitt Carolinas. In July, real estate development firm Dewitt announced it had acquired nearly 20 acres of land along St. Albans just north of the Beltline. It abuts Kane Realty's property, which is expected to be developed into a mixed-use project in the city's growing midtown.
Faint remnants of the historic Isaac Hunter's Tavern are believed to be on the Dewitt land. In 1788, the state’s constitutional convention decreed that the state capital would be no more than 10 miles from Hunter’s tavern, and later state officials met there to choose a site.
The senior community project partners paid close to $4 million for the land.
The partners have collectively developed more than 7,000 multi-family units, including senior housing, as well as commercial projects.
"We have lived in this area for the better part of 30 years and operated senior housing communities in this area for most of that time," Steve Morton, Navion's president and CEO, said in a statement his firm released. "It has been a dream of ours to build The Reserve at North Hills and we are excited to work with like-minded, mission-driven partners such as NorthView to make that dream a realty."
NorthView CEO Mark Barker echoed Morton's remarks and said the project will be "the premier retirement living option in the area." NorthView is also managed by Franklin Morisey and Michael Peele. It was formed in 2009.