Crescent Communities

Crescent Communities is excited to announce the sale of both buildings at AXIAL by Crescent Communities 301 Manatee, a 295,000-square-foot state-of-the-art logistics facility situated along the I-75/Highway 301 corridor. Building 100 will be home to The Furniture Warehouse, a furniture retailer with six locations throughout Florida, and Building 200 will be home to Jarlin Cabinetry, a leading wholesaler and distributor of kitchen and bath cabinetry. AXIAL 301 Manatee's strategic location and modern industrial amenities will help these industry leaders establish last-mile and distribution locations to support their continued growth. Thank you to our project partners BMO U.S., Bowman Consulting, Clover Investment Properties, Horton, Harley & Carter, Inc., Itasca Construction Associates, Inc., Native Development Group, LLC and Newmark for all of your work in bringing this development to life. The sale of AXIAL 301 Manatee is another key moment in the expansion and success of the AXIAL by Crescent Communities platform. Learn more about AXIAL by Crescent Communities here: https://lnkd.in/er7dMDMP

We are thrilled to share our team has been recognized at the 2024 Multi-Housing News Excellence Awards: 🏆 Crescent Communities: Development Company of the Year — Silver 🏆 NOVEL RiNo: Best Development & Design: High-Rise — Silver 🏆 NOVEL West Midtown: Best Social Media Strategy — Bronze Thank you to our team members and project partners who helped us make these accolades become a reality. Your commitment to innovation and design excellence and your passion for creating meaningful, intentional communities is a key part of our continued success.

Over the last several years, the Charlotte market has seen incredible change and growth. Paired with a new era of hybrid work, this has resulted in an increasingly competitive and demanding market for dynamic, high-quality office spaces with meaningful amenities. Our Managing Director, Sagar Rathie, spoke with Commercial Property Executive about this evolving market and how Crescent Communities is addressing this "flight to quality" for office communities through employee-centric design. Read more here: https://lnkd.in/eumA9gbk

We’re thrilled to celebrate the grand opening of NOVEL Parkway in Sanford, Florida! Inspired by the relaxed charm of Florida’s main street town centers, this thoughtfully crafted community offers residents a laid-back lifestyle that blends incredible proximity and connection to nature with the vibrant character of Central Florida. With amenities and programming designed to foster community and bring the outdoors in, residents will enjoy comforts such as: 🎨 Main Street Market Pop-Ups featuring local artisans and vendors, offering a taste of the area’s creativity and culture. 🌳 A Gear Lounge, providing residents a space to borrow, clean and prep outdoor equipment for adventure. 🚲 State-of-the-art fitness club with an open-air yoga and CrossFit lawn, private barre and spin studios. ☕ NOVEL Cafe in partnership with Land of a Thousand Hills Coffee. NOVEL Parkway is a key development in Crescent Communities’ continued growth across Florida, where there has been an intentional focus on creating unique residences that align with the character of each region. “By combining thoughtfully designed amenities with authentic local touches, we’re creating spaces that not only meet the needs of our tenants but also celebrate the unique qualities of Florida’s most desirable destinations,” said Ricky De Camps, P.E., our Director of Development. Additionally, we'd like to extend our thanks to Heitman and Wells Fargo for your partnership in bringing this community to life!

We are pleased to welcome Keaton Herrera to the Crescent Communities team! Keaton joins our Multifamily/Build-to-Rent group as Director of Development in Phoenix, AZ. Before joining us, he most recently held the position of Development Consultant with PWW, Inc, in addition to his experience as a Land Acquisition/Developer with Family Development. Welcome to the team, Keaton! We are excited to have you on board.

One of Crescent Communities' core pillars of stewardship, Environment, centers on disciplined and thoughtful development as a key component to building successful communities. This pillar is especially integral as we ramp up the development of our master-planned community, The River District.   With this in mind, we used reclaimed River District Red Oak to create 13 new homes, along with planting native vegetation, for Carolina species like American Kestrels, Prothonotary Warblers, Brown-headed Nuthatches and Barred Owls to help local populations thrive alongside development.   In addition to these new sanctuaries, we also gained our first resident of the Westrow neighborhood — Crescent! 🦉 This resilient Barred Owl recovered from a car accident thanks to our friends at Carolina Raptor Center and has now found a new home in The River District.   A huge thank you to our amazing partners She Built This City, North Carolina Wildlife Federation, Carolina Raptor Center, Catawba Lands Conservancy and Carolina Thread Trail, LandDesign, Airline Bike Park and WK Dickson, an Ardurra company., who all made this initiative possible!

This #GivingTuesday, we'd like to take a moment to show our appreciation for the non-profit organizations we engage with through our Crescent Communities CARES volunteer and charitable giving program. At the core of our mission, "Build Community. Better People's Lives," is creating a culture of passionate engagement with community initiatives that tackle three key areas: Education, Environment and Shelter & Services. From installing bat rockets to building picnic tables to assembling STEAM kits for local schools, we have enjoyed every moment that these organizations have provided to give back to the places in which we live. We cannot wait to see our incredible community partners' continued impact in 2024 and beyond. Tag an organization that you've enjoyed working with this year! 👇

NOVEL NoDa, now known as 30Six NoDa, has received the 2024 Charlotte Urban Design Gold 'Urbie' for Great Development Near Transit! 🏆 The Crescent Communities team and our partners are proud of this achievement, which reflects our commitment to timeless design and community betterment through seamless light rail access and distinctive placemaking in one of Charlotte's most beloved neighborhoods. Thank you to the City of Charlotte Urban Design Center for this honor!

Construction has officially begun at NOVEL River District, marking the first vertical construction for The River District, Crescent Communities' 1,400-acre master-planned community in west Charlotte! Acting as a cornerstone of Westrow, The River District’s future town center, NOVEL River District is designed to make it easy for residents to fully embrace the area’s natural beauty and an active lifestyle. Here’s what residents can expect: 🌳 A nature-infused urban design and unique outdoor amenities, including convenient options for renting and storing outdoor gear and nearby access to a riverfront park 🌳 Regular programming for activities like cycling, hiking, kayaking, and organized sports 🌳 Intentional development for environmental performance and resource efficiency mirroring The River District's commitment to sustainable living Residents are expected to move in early 2026. Stay tuned as we continue to develop one of Charlotte’s most exciting new neighborhoods! 🚧 Find out more from Axios Charlotte: https://lnkd.in/eUs56prh

Our team recently said farewell to Bryan Blythe who was the managing director for AXIAL by Crescent Communities. We thank him for his leadership and dedication and wish him the best in his new endeavors. With this change, we would like to announce that Chase Kerley will expand his current role as managing director to now cover the Mid-Atlantic and the Carolinas for AXIAL by Crescent Communities while continuing to grow THE YIELD by Crescent Communities within our footprint. During his 8 years with Crescent Communities, Chase has led a proven track record of strategic growth for Commercial and Multifamily developments alike. Most recently, he has been integral in his role as Managing Director for Life Science and spearheading the growth of THE YIELD by Crescent Communities. His vision and methods have resulted in THE YIELD Holly Springs becoming the premier life science development in North Carolina. We are excited to continue to expand AXIAL into new markets and look forward to growing our team in the coming year.