Crescent Communities Opens Crescent Central Station Adjacent to Orlando's SunRail Line

Luxury Apartment Community is One of Central Florida's First Transit-Oriented Developments

Nov 12, 2015, 16:27 ET from Crescent Communities

ORLANDO, Fla., Nov. 12, 2015 /PRNewswire/ -- Crescent Communities is energizing downtown Orlando with the opening of Crescent Central Station, its newest Florida luxury apartment community and one of Central Florida's first transit-oriented developments (TOD). Crescent Central Station is the first residential development to be built immediately adjacent to a SunRail commuter train station.

"Crescent Central Station combines elite amenities with an unmatched location," said Jay Curran, senior vice president of Crescent's multifamily group, which is celebrating the opening with a ribbon-cutting and mayoral visit. "Built for a walkable lifestyle in a vibrant, flourishing city, Crescent Central Station connects residents to the incredible shops, restaurants and businesses that call this area home."

The 279-unit Crescent Central Station blends seamlessly into the fabric of its high-density, urban location at the corner of North Orange Avenue and Amelia Street. Residents will enjoy unparalleled access to SunRail as well as a short walk to downtown Orlando's thriving social scene and top employers.

"More and more people are calling Downtown Orlando home, spurring continued investment in our urban core and providing new businesses, restaurants, retail and amenities for our residents," said Orlando Mayor Buddy Dyer. "These investments, like the new mixed-use Crescent Central Station, are locating here because of the direct access they can provide residents to transportation and mobility options, further connecting our community to jobs and opportunity."

Crescent Central Station features beautiful public spaces including an extension of Gertrude's Walk, a public park and bike/walk trail that is part of the larger Orlando Urban Trail. In addition, the community offers convenient bike storage and downtown Orlando's only off-leash, public dog park.

Residents of Crescent Central Station can unwind at an upscale, resort-style pool or relax on a large rooftop terrace complete with outdoor grilling and dining space as well as a sundeck with expansive views of the downtown Orlando skyline. A two-story fitness center offering individual and group fitness on demand is an additional luxury amenity.

Studio and one-, two- and three-bedroom units are accompanied by distinctive, brownstone-style homes on the ground floor. Units include upgrades such as granite countertops, stainless steel appliances, upmarket lighting and USB power outlets.

Leasing information for Crescent Central Station is available at www.crescentcentralstation.com or 407-254-0045.

Crescent Central Station is financed by an equity investment from Crescent Communities and construction financing by Synovus Bank and Nationwide. Winter Park Construction is the general contractor. Lord Aeck Sargent is the project architect, and GAI is the civil engineer. Crescent Central Station is professionally managed by Lincoln Property Company.

About Crescent Communities  
Crescent Communities, LLC is a leading real estate investment and operating firm driven to create long-term value by developing thoughtful, sustainable communities that improve people's lives. Founded in 1963, Crescent's original mandate as a land management company continues to inform its commitment to the wise stewardship of natural resources. The company finances, plans and develops properties in the Sunbelt and Mid-Atlantic markets that represent more than 50% of the U.S. population growth over the next decade. Its multi-product platform includes residential, multi-family, mixed-used, commercial and land assets, valued in total at $1.2 billion. Crescent's robust capital deployment, seasoned leadership team, and model of sustainability enable the company to maximize opportunity in a recovering real estate market.

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SOURCE Crescent Communities



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