Charlotte-based Crescent Communities has broken ground in its 151-acre single-family development in Holly Springs, N.C., reports Marc DeRoberts, digital producer of the Triangle Business Journal.
Crescent is known for its luxury apartment communities, but this project, called Trinity Creek, is for 340 single-family housing units. Crescent paid $9.5 million for the land – its first project in Holly Springs – in May 2015.
Housing prices are expected to range between the $300,000s and $500,000s. The community will feature a junior Olympic pool and multi-purpose play field.