Power 100 Q&A: John Kane
65, Founder and CEO, Kane Realty
Wake Forest University, B.A.
Kane’s projects in Raleigh span from the redeveloped North Hills to downtown’s warehouse district to Peace, a retail and residential project on the edge of downtown that will be anchored by a Publix grocery store. His company opened the Stanhope apartment complex near N.C. State University in 2015, setting a new standard for the campus neighborhood. The Dillon, a 17-story mixed-use project, held its grand opening in October; that same month, the Raleigh News & Observer reported Kane had submitted a rezoning petition for an adjacent tower. Also in the works are a 20-story office tower at North Hills, expected to open in 2020, and the Walter Tower, a 33-story building that will include a boutique hotel and apartments. Before entering the capital city, Kane started his development career by organizing an investor group to buy a shopping center in Greenville. He serves on the executive board of the Economic Development Partnership of North Carolina and is immediate past chairman of the Research Triangle Regional Partnership.