A new 370-unit life care community is expected to open near WakeMed Cary Hospital in early 2018.
The Cary Town Council unanimously approved rezoning about 23 acres across from the hospital on Kildaire Farm Road from residential to mixed use to allow for the Paraclete Professional Park.
The development, which was proposed by Mangum Development LLC, a North Carolina-based medical office builder, will include a 475,000-square-foot life care community with 240 independent living units and 130 assisted living units. There will be office space and could have additional residential units or a 150-room hotel.
Average costs of the facility would be similar to other life-care communities, such as the Glenaire Retirement Community and Waltonwood Senior Living, said Kevin Mangum, manager of Mangum Development.
Mangum described the community as “metropolitan” and “high quality, but not ostentatious.”
“You could expect to see some very nice amenities usually reserved for places like New York or Miami,” he said.
It also will have a walkable environment and a campus-like atmosphere with central gardens and fountains.
Construction is expected to begin this summer. The medical offices are anticipated to be open in fall 2017.
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