Approximately half of the homes were built by George W. Wright and his building companies (Wright Construction Company and Allied Building Company). The other half of the district was developed by Pine Ridge Homes and Hi Mount Homes; both companies were operated by well-known Raleigh developers Willie York and Ed Richards, who went on to develop Cameron Village and North Hills respectively. The neighborhood has remained stable but may be subject to redevelopment pressure as property values within the City of Raleigh continue to increase.
The Hi Mount Historic District was listed to the National Register of Historic Places in July 2011. For a downloadable version of the nomination go to: http://www.hpo.ncdcr.gov/nr/WA4512.pdf