The N.C. Department of Insurance has requested more information from The Cardinal at North Hills, the proposed continued care retirement community that is seeking regulator approval to start construction.
"It’s my understanding that we’ve received some of what we requested, and anticipate the rest is forthcoming soon," said Kristin Milam, spokeswoman for the Department of Insurance.
The department was required to respond to The Cardinal's latest preliminary certification application by Wednesday.
No new deadline has been set for when regulators may make a final decision on The Cardinal's application.
"The sooner we hear back, the sooner we can move forward with our review," Miam said. "I know that completing the review process is a priority for us."
Construction of The Cardinal can't begin until the Department of Insurance approves its application, something the project's developers have been seeking since February.
The department has made a series of requests for more information from the developers, a process that the department says is standard when evaluating CCRCs.
The Cardinal is being developed by John Kane and David Falk Jr., a managing partner with the real estate firm Drucker & Falk.
Kane is the developer behind the revitalization of Raleigh's North Hills mall.