Site work is underway on what will be Raleigh’s first licensed, rental CCRC. The Cardinal at North Hills will be breaking ground soon. Once complete, the new community will offer month-to-month rental units—unlike most CCRCs, which require an entrance-fee contract.
The Cardinal will have 165 independent living residences, plus 60 on-site private apartments licensed for assisted living, memory care, and nursing care. Residents will have direct access from their buildings to a secure, underground parking garage and to the 35,000 square foot clubhouse, which will have appropriate spaces for social, spiritual, and vocational activities, as well as multiple dining venues: the main dining room with views of the garden; a bistro/café with a full-display kitchen; a residential-style kitchen and family room for private dining; and a tavern with an outdoor terrace for cocktails and socializing. A fully equipped fitness center and spa complex includes an indoor pool, strength training room, yoga studio, and salon.
Rental rates for the independent living apartments will range from $3,850 for an 800-square-foot unit to $8,350 for a 2,080-square-foot-unit. The rental fee will include access to medical services and the clubhouse, as well as chef-prepared meals and social activities.
Carlsbad, California-based Kisco Senior Living is the project developer; Kisco will also manage The Cardinal upon completion. Founded in 1990, Kisco currently operates an entrance-fee CCRC in Florida and 20 independent living/assisted living communities in California, Florida, Hawaii, Texas, Virginia, and North Carolina. Sagewood at Daybreak, a new independent living/assisted living community under construction in South Jordan, Utah, is scheduled to open in early 2015.
