CONCORD, N.C. — Crescent Communities has closed on the land sale for its 21st multifamily development in suburbs of the company’s headquarters city of Charlotte. Concord is about 24 miles northeast of Charlotte’s central business district. RENDER Weddington Ridge will be jointly developed with CP Capital and will include 297 one- and two-bedroom units and such amenities as a pool, a 24-hour self-service package center, a fitness facility, club and game rooms, coworking space and a dog park. Along with CP Capital, Comerica Bank is also a financial partner in the development. Other members of the project team include CESO Inc. (civil engineering and land planning), Dwell Design Studio (project design and architecture), Focus Design Interiors (interior design), Crescent Communities Construction (general contractor) and LandDesign (landscape design). Completion is slated for 2027.
Crescent Communities has acquired land in suburban Charlotte for the upcoming development of RENDER Weddington Ridge. CP Capital is a partner in project, which will include 297 units.
Crescent Communities Closes on Land Sale for Suburban Charlotte Development
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