CRESCENT RESOURCES DEVELOPS NEW MULTIFAMILY CONCEPT

CHARLOTTE, N.C.; JACKSONVILLE AND TAMPA, FLA. — Crescent Resources is developing three apartment complexes, as a part of its new upscale, environmentally friendly Circle brand, in Charlotte, Jacksonville and Tampa.
Circle at South End, located in Charlotte, broke ground in November. The four-story, 360-unit apartment community will seek LEED certification upon completion and features one-, two- and three-bedroom units, ranging from 550 to 1,650 square feet. The community is adjacent to the new light rail station, and includes 8,000 square feet of street-level retail.
Circle at Crosstown in Tampa and Circle at Bartram Park in Jacksonville broke ground this month. The three-story communities feature one-, two- and three-bedroom apartment homes, ranging from 780 to 1,300 square feet. A total of 300 residences are planned for Crosstown, and 336 units are planned for Bartram Park.
Additional communities are slated to begin construction this year, including Circle at University Marketplace in Durham N.C.; Circle at Cool Springs in Nashville, Tenn.; and Circle at Stonelake in Austin, Texas.