Crescent Communities Opens Crescent Main Street

DURHAM, N.C., Dec. 8, 2014 /PRNewswire/ -- Crescent Communities has opened Crescent Main Street, a 208-unit, high-end apartment community in Durham's Ninth Street district offering the area's most spacious, open floor plans and a full range of amenities. The community is located just down the street from Duke University Medical Center and an array of shopping, dining and entertainment options.

"Crescent Main Street's spaces are well-planned and beautifully designed, and its location provides easy access to top employers and the vibrant Ninth Street district," said Ben Collins, vice president of the Mid-Atlantic for Crescent Communities' multifamily group. "The community offers a balanced lifestyle for residents who want it all."

The studios, lofts and one-, two- and three-bedroom apartments are spacious and open, with 10-foot ceilings in most units, large walk-in closets and floor plans up to 2,000 square feet. Special features include granite countertops, designer lighting and USB ports for connectivity.

The community also features a unique design. Crescent Main Street's three- and four-story buildings are a fusion of historic and contemporary Durham and showcase a blend of contrasting interior and exterior architectural elements, color schemes and aesthetics.

Crescent Main Street residents will enjoy the conveniences of structured and secure covered parking and conditioned corridors. Amenities at Crescent Main Street include a large health and wellness facility with private training room, pet spa and demonstration kitchen. Outdoor amenities include a resort-style pool with sundeck, outdoor kitchen and dining area, beautiful courtyard, community fire lounge and rooftop terrace.

The community is Home Innovation NGBS Green Registered, meaning it is designed and built to meet the rigorous criteria of the National Green Building Standard (NGBS) and will be verified to meet the criteria independently by third-party agents of Home Innovation Research Labs. For more information on the certification, visit www.HomeInnovation.com/GreenLiving.

Crescent Main Street is part of Crescent Communities' growing presence in the Triangle area. Earlier this year, Crescent opened Crescent Ninth Street, also located in Durham's eclectic Ninth Street district, and Crescent Cameron Village, the first luxury multifamily community in Raleigh's historic Cameron Village. In October, Crescent's residential group named four builder partners for its Forest Ridge master-planned community in the town of Hillsborough; Forest Ridge homes are now under construction and available for purchase.

Leasing information for Crescent Main Street is available at www.crescentmainstreet.com or 919-237-3543.

Crescent Main Street is financed by an equity investment from Crescent Communities with a construction loan from Regions Bank. Cline Design Associates of Raleigh is the project and landscape architect, Historical Concepts of Atlanta is the design consultant, and John R. McAdams of Durham performed civil engineering. Vignette Interior Design of Charlotte is the interior designer, and Clancy & Theys Construction of Charlotte is general contractor. Crescent Main Street is professionally managed by Greystar.

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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