Crecent Signs up 6 Tenants for Property’s 17,900 SF Retail Component
- Sep 26, 2013
by Adriana Pop, Associate Editor
Six new tenants have recently committed to occupy the entire 17,900-square-foot street-level retail component at Crescent Cameron Village, a mixed-use 282-unit residential community currently under construction in Raleigh’s historic Cameron Village.
The project, which is being developed by Crescent Communities of Charlotte, will include a Faire restaurant by Eschelon Group, a Brixx Wood Fired Pizza, a Benelux Coffee, Raleigh’s first Flywheel Sports, which offers high-energy indoor cycling classes, a Hand & Stone Massage and Facial Spa, as well as Raleigh’s first blow dry bar.
“We continue to have a strong focus in bringing new concepts and best-in-class retailers and restaurants to our communities,” Ben Collins, vice president of the Carolinas and Tennessee for Crescent Communities multifamily group, said in a news release. “Our retail partners ensure that residents of Crescent Cameron Village can enjoy fantastic new restaurants, high-intensity fitness, and plenty of pampering just steps from their front door – it’s a combination they won’t find anywhere else in Raleigh.”
Hill Partners Inc. is handling leasing and tenant coordination services for the project’s commercial component, while York Management is the retail property manager.
Scheduled to open this winter, the new smoke-free, pet-friendly community will feature studio, one- and two-bedroom luxury apartments. Amenities will include a resort-style saltwater pool with sun deck, outdoor kitchen and grilling areas, a health and wellness facility, as well as a conditioned wine cellar with private lockers.
Crescent’s other multi-family projects in the Triangle include the 303-unit Crescent Ninth Street luxury apartment community, as well as the 208-unit Crescent Main Street complex, both of which are located in Durham.
In Hillsborough, the company has recently purchased 116 acres of land, where it plans to develop a 233-home master-planned community. The Triangle Business Journal reports that Crescent Communities has acquired the property along Business Highway 70 for $3 million. New home building is expected to begin next spring with prices ranging from the $200,000 to $500,000 range, the developer announced.
Photo credits: www.crescentcameronvillage.com