Dec
03

Crescent Plans Apartments for NE Charlotte

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Crescent Resources will break ground next month for a 320-unit apartment complex in Charlotte’s University Research Park called Circle Alexander Village.

The $33.6 million project is planned for a 27-acre site on Senator Royall Drive, just south of Mallard Creek Church Road. The complex will feature one-, two- and three-bedroom units, with the first units expected to be available in the fall.

With Circle Alexander village, Crescent has 2,300 multifamily units in projects valued at $340 million under construction in the Southeast, including Circle SouthPark in Charlotte.

“This is a very desirable location in close proximity to shopping and employment and is perfect for our next award-winning multifamily community,” Ben Collins, regional director for Crescent’s multifamily division, says in a release.

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