Crescent Communities Opens Historic Cameron Village's First Luxury Residences

Crescent Cameron Village Mixed-Use Community Includes Best-in-Class Retailers

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Nov 05, 2014, 03:06 ET

RALEIGH, N.C., Nov. 5, 2014 /PRNewswire/ -- Crescent Communities has opened Crescent Cameron Village, a 282-unit, luxury mixed-use community that gives Raleigh's historic Cameron Village its first luxury multifamily residential quarters and 17,900 square feet of distinctive street-level retail.

"Crescent Cameron Village blends the best of the area's rich history with the modern luxuries and conveniences residents crave," said Ben Collins, vice president of the Carolinas and Tennessee for Crescent Communities' multifamily group.

Located at Clark Avenue and Oberlin Road, Crescent Cameron Village is the official residence of Cameron Village and its first luxury multifamily community. Cameron Village dates back to 1947 when it became Raleigh's first planned community. Crescent Cameron Village brings a mix of luxury apartments and high-end retail offerings that are energizing what is already one of the city's most popular areas.

In addition to the ground-floor restaurants and health, beauty and fitness retailers, residents can take advantage of complimentary amenities such as a state-of-the-art fitness center, demonstration kitchen, club room and game room with shuffleboard, poker tables and flat-screen televisions. Wine aficionados will appreciate the wine tasting room and conditioned wine cellar with private lockers. Abundant outdoor spaces feature a resort-style saltwater pool, outdoor kitchen and grilling area where residents can connect and relax.

The studio and one and two-bedroom apartments include sophisticated details such as granite countertops, stainless steel appliances and USB outlets allowing residents to easily recharge.

A blend of national, regional and local retailers was carefully selected to create a unique destination and complement the character of historic Cameron Village. New tenants include Faire, a steak and seafood restaurant operated by locally-owned Eschelon Experiences that brings a unique perspective on food and inventive dining in a stylish setting. Brixx Wood Fired Pizza offers a high-quality menu along with a wide selection of craft beer and wine. Benelux Coffee has also opened its second Raleigh location, bringing its cafe dining experience with a European flair.

Flywheel Sports' exclusive indoor cycling experience will be a favorite for health and fitness enthusiasts; popular in cities including New York, Miami and Los Angeles, its high-energy classes with features like stadium-style seating and custom-engineered bikes are only available in two other locations in the Carolinas.

Raleigh's second Hand & Stone® Massage and Facial Spa is also now open at the community. In addition to the spa's massage therapy and skincare services, residents of Crescent Cameron Village can enjoy a convenient and affordable solution for salon-fresh hair with the arrival of Parlor, Raleigh's first blow dry bar.

Leasing for Crescent Cameron Village is being managed by Greystar, with information available at www.crescentcameronvillage.com. The community's leasing center is also open at 2128 Clark Avenue.

Construction financing for Crescent Cameron Village is provided by Capital One and Nationwide, and Adolfson & Peterson Construction is the general contractor. Concept design was provided by Historical Concepts. The architect for Crescent Cameron Village is Cline Design, and the civil engineer is Stewart. Interior design is by Vignette Interior Design.

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