More luxury apartments will be available in the downtown area soon when Charlotte, N.C.-based Crescent Communities breaks ground on a new 280-unit luxury apartment development off Division Street, according to the Tennessean. Crescent reportedly has plans to purchase the project’s needed properties, including a building at 1205 Division St. where property management firm First Management Services is headquartered.
The development will include five levels of residential apartments over 7,500 square feet of retail space on the first level. There will be 195 one-bedroom units, 84 two-bedroom units and one large three-bedroom apartment. The area is seemingly becoming the hot new area for housing, with several other apartment projects planned or already going up in the area. A luxury complex helmed by Ray Hensler is now under construction in the Gulch, and SoBro is getting a similar project from Tony Giarrantana as well.
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Hollabaugh, a staff writer at MusicRow magazine, has over 20 years of music business experience and has written for publications including American Profile, CMA Close Up, Nashville Arts And Entertainment, The Boot and Country Weekly. She has a Broadcast Journalism and Speech Communication degree from Texas Christian University, (go Horned Frogs), and welcomes your feedback or story ideas at lhollabaugh@musicrow.com.View Author Profile
