Crescent Communities Launches 320-Unit Luxury Apartments in 63-Acre Mixed-Use Development
- Jun 27, 2014
By Eliza Theiss, Associate Editor
Crescent Alexander Village, Crescent Communities’ 320-unit luxury apartment complex has opened in Charlotte, announced the developer.
The company’s latest project to complete in the Charlotte Metropolitan Area represents phase one of an ambitious 63-acre mixed-use development currently in the works at University Research Park. As previously reported, further phases will include 250,000 square feet of office space, a hotel and up to 75,000 square feet of retail.
The now completed Senator Royall Drive community is the work of architects The Preston Partnership. LandDesign is contracted as civil engineer and landscape architect. Construction loans issued by Regions Bank financed the development, which is now managed by Riverstone.
Crescent Alexander Village is a registered member of the Audubon International Signature Program and is pursuing Certified Signature Sanctuary status. The community is also NGBS Green Registered, featuring an extensive array of sustainable features such as Energy Star kitchen appliances and windows, efficient water fixtures, low voltage exterior lighting, recycling valet service, water-preserving plants used in landscaping and complimentary bicycles. Sustainability was implemented at Crescent Alexander Village since development, extensively using locally sourced and recycled materials. Furthermore, Crescent Communities contracted Sawmills Ltd., a North Carolina century-designated farm to reclaim timber from the project site. Wood and materials sourced onsite were incorporated into the design and construction of indoor community areas and the dog park.
Community amenities include a resort-style saltwater pool with sundeck and lounge area, outdoor yoga lawn, outdoor kitchen and fire pit, fitness center with dedicated crossfit workout area, Starbucks coffee bar, community house with business center, catering kitchen, gaming area and private clubroom, garages and storage units, car care center, large wooded dog park and a pond with walking trail.
Crescent Alexander Village comprises 320 one-, two- and three-bedroom units ranging between 781 and 1,399 square feet. Rents range between $890 and $1,390 per month. Units are outfitted with stainless steel appliances, chef-inspired kitchens, walk-in closets and soaking tubs. Among the units are also eight cottage residences that evoke the style of Crescent’s signature Palmetto Bluff resort.
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Image courtesy of Crescent Alexander Village via Facebook