Crescent Alexander Village opens in University area
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 […]
Dismissal of Duke-Crescent lawsuit ends one chapter of Charlotte’s economic history
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 […]
Crescent Resources issued more than $40M in permits for Circle at SouthPark apartments
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 […]
Multifamily mammoths: A look at the top 5 apartment projects of 2012
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.
Housing opportunity
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."
College Downs frowns
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.
Crescent sells Circle at South End for $74M
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.
Crescent Resources searches for residential investments VP
Charlotte-based real estate developer Crescent Resources is trying to fill an opening for a vice president of investments for its residential division.
Crescent asks for deferment on Lake Wylie rezoning request
With neighbors fuming over its plans to build homes at a higher density near Lake Wylie, Crescent Resources has asked for a deferment on its rezoning request.
Crescent eyes SouthPark Mall area for apartments
Crescent Resources is planning to build apartments near SouthPark Mall, according to construction permits awarded this year by Mecklenburg County. 5725 Carnegie Blvd. is the project’s address, according to the permits.
Crescent Resources names chief marketing officer
Crescent Resources said it has hired a chief marketing officer. Tyler Niess worked for Denver, Colo.-based Playground Destination Properties as vice president of marketing, business development and corporate strategy before […]
Crescent names residential division president
Following a national search, Andrew Carmody has been hired as president of Crescent Resources‘ residential division, Crescent said this week. Crescent, a developer, said Carmody will start his new job […]
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