Crescent Alexander Village, the latest offering of luxury apartments by Crescent Resources, is now open for business. The 320-unit, garden-style apartment community in the University Research Park area is the first phase of development in a 63-acre multi-use development. Located ...Read More »
A murky, internecine lawsuit over $1.2 billion involving two formerly synonymous giants of economic development in Charlotte has ended in what appears to be an equally shadowy draw. But the documents filed Tuesday in a Texas court dismissing a 2010 ...Read More »
CHARLOTTE — Charlotte-based Crescent Resources was issued roughly $40 million in building permits last week for work on its $52 million Circle at SouthPark apartment project. The permits, awarded by Mecklenburg County Friday, were for $11.9 million in construction for ...
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As far as Charlotte's commercial construction industry goes, 2012, arguably, has been the year of the apartment. It seemed that nearly every day over the past 12 months, Mecklenburg County was issuing permits for apartment projects big and small.Read More »
For a developer of student housing, the numbers are encouraging. "Student housing is definitely a burgeoning and emerging successful business model," said Ken Szymanski, executive director of the Greater Charlotte Apartment Association. "The bottom line is it is profitable for the developers."Read More »
Squeezing student apartments between the University of North Carolina at Charlotte campus and College Downs -- one of Charlotte’s oldest single-family neighborhoods -- prompts doubts about the city's plan.Read More »
Charlotte-based Crescent Resources has sold its Circle at South End apartment complex for $74 million. That is easily a record for properties that were designed and built as multi-family rentals," said Ken Szymanski, executive director of the Greater Charlotte Apartment Association.Read More »