CHARLOTTE – The developer formerly known as Crescent Resources has been issued five permits, valued at $5.8 million, for work on the 320-unit Circle Alexander Village off Senator Royal Place, in University City.
Charlotte-based Crescent Communities, which revealed the name change in April, started work on the $33.6 million Alexander Village apartments later in that month, according to the company.
Mecklenburg County this week issued the permits for two apartment buildings, the clubhouse, garages and a pool and maintenance building, according to county records. On the construction site Thursday, it appeared that only site work had been done to this point.
Crescent will begin preleasing units in the fall, and the first apartments will be finished in 2014, according to a company press release.