Charlotte NC Real Estate|Big News from Crescent Resources
May 8th, 2008 Categories: Charlotte New Home Developments-Builders, Lake Wylie
2300 Acre Lake Wylie Community Plan Announced
Crescent Resources- the development arm of Duke Power and a joint venture with Morgan Stanley- announced plans to develop 2300 acres of land in an area of York county known as Big Allison Creek, with more than 300 acres of waterfront on Allison Creek, plus retail and commercial space. When complete, this would be the largest community in the Charlotte area, about 40 minute from uptown, 20-30 minutes to South Charlotte employment off I-77 or even Southpark.Located on the South Carolina side of Lake Wylie, this expands the area thought of as Southwest Charlotte, because its means of access is Rt 49 and the Buster Boyd Bridge at Lake Wylie. Currently the Palisades is the the last very large community our RT 49, (on the NC side of RT 49 at Lake Wylie)- this major addition will help the area reach its potential as a very proximate suburb of Charlotte.
Crescent has built many of the finest communities on the Lakes throughout the greater Charlotte area.
Crescent is very well known for their outstanding communities, The Peninsula and the Point at Lake Norman and Mooresville respectively, Ballantyne Country Club in south Charlotte, and now Springfield in FT Mill and the Sanctuary on Lake Wylie to name just a few of their most popular neighborhoods.
Last month I sold a 10,000 sf home at the Sanctuary, and I love the open space and the large acre tracts there… but the experience I remember most was a few years ago, meeting a client I’d been working with in Sailview, a Crescent community on the west side of Lake Norman with home prices between $500K and 1.5 M on the water. An appointment ran late, so I was late, so I called and told them where the community center was, the docks, and set them off to explore the hilly, curving streets of Sailview on their own and met them about an hour later. It turns out that was a good idea because when I met them, they had fallen so much “in love” with Sailview, they just told me this was where they wanted to move, it was just about finding the right house now.
If it is done by Crescent, you know it will be done right.
Moving to Charlotte? Considering a move? Like to invest in Charlotte? You may want to try my All Charlotte MLS Search here, or call me direct at 704-351-1519
Related Posts
The Palisades- a Terry’s Top Ten community
The Sanctuary-a Charlotte “Bluechip”
A Crescent Inventory Home Update
