Crescent Communities Opens Crescent Alexander Village at University Research Park

CHARLOTTE, N.C., June 24, 2014 /PRNewswire/ -- Crescent Communities has opened Crescent Alexander Village, a 320-unit, luxury garden-style apartment community in the University area of Charlotte. The first phase of development in Crescent's 63-acre, multi-use development at University Research Park, the multifamily community includes wood elements made with reclaimed timber from the property.

"Crescent Alexander Village combines the character of the property with modern-day luxuries," said Elam Hall, development manager with Crescent's multifamily group. "We strived to preserve the property's history and natural resources, and we believe residents will appreciate the beauty of a community that integrates timber from the land."

Located on Senator Royall Drive just south of Mallard Creek Church Road near I-85, Crescent Alexander Village blends elements of resort-style living with classic designs. The vernacular classical design of the buildings, including the meeting house's center stonework, recalls the craftsmanship of stone homes originally built in the 1700s.

The community, whose street names pay homage to the Alexander family who once owned the land, features an elegant meeting house with a private clubroom, gaming area, business center and catering kitchen. Crescent worked with Sawmills Ltd., a North Carolina Century-designated farm in Lincoln County, to reclaim timber from the Crescent Alexander Village property. The timber was integrated into a tray ceiling, decorative wall and mantles in the meeting house. It will also be featured in mantles in the community's cottage units.  

Amenities include a resort-style saltwater pool with lounging areas and aqua sundeck, outdoor yoga lawn, health club, complimentary bicycles, outdoor kitchen and fireplace, storage units and garages, convenient car wash with vacuum and Starbucks® coffee kiosk. 

The one-, two- and three-bedroom apartments feature chef-inspired kitchens, stainless steel appliances, 10-foot ceilings, 36" soaking tubs and spacious walk-in closets. The community includes eight cottage units, which overlook a scenic pond with a fitness trail and are modeled after cottage-style living at Crescent's signature Palmetto Bluff resort.

Leasing information is available at www.crescentalexandervillage.com or 1-888-867-0715.

Riverstone manages Crescent Alexander Village, which is a registered member of the Audubon International Signature Program and is working toward designation as a Certified Signature Sanctuary.

Crescent Alexander Village is financed by construction loans from Regions Bank. The architect is The Preston Partnership, and LandDesign is the landscape architect and civil engineer.

About Crescent Communities

Founded in 1969 in Charlotte, Crescent Communities is a diversified real estate investment, development and operating company dedicated to enhancing the quality of life for people through sustainable multifamily, residential and commercial communities and responsible land management. Crescent's portfolio today includes 21 master-planned communities, including its signature Palmetto Bluff, as well as 16 multifamily projects with over 4,500 units under construction/lease-up or in planning/pre-development. The company owns and manages approximately 40,000 acres of land.

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SOURCE Crescent Communities