 Crosland has several new affordable projects now under construction or in lease up. All of Crosland's affordable properties have rents considerably lower than rents at similar market rate properties. These projects are reserved for low and very low income households. Details regarding rents and qualifying resident incomes can be obtained from each project’s leasing office, when those offices are opened near the end of each project’s construction period. Brief descriptions of each of Crosland's affordable projects that are under construction follow.
940 Brevard
 940 Brevard will consist of 100 one-bedroom affordable units for the elderly in a mid-rise elevator building.The community will be located at Brevard and Twelfth Street, in Charlotte, North Carolina.This project combines HOPE VI funds and federal and state tax credits.Crosland will be the principal developer, general contractor and property manager for the community.
Construction is scheduled to begin by year-end 2006 with completion expected in 2008.For development information please contact Roger Lewis at rlewis@crosland.com. We expect to start a list of prospective residents beginning sometime in mid-2007 using a phone number to be posted on this website at a later time.
| Status: | Under Construction | | First Occupancy: | Summer 2008 | | Leasing Status: | Pre-leasing begins mid-2007 | | Leasing Information: | Coming soon |
Griffin Plaza
Crosland recently broke ground on this $35 million 10-story residential and retail development in Nashville, TN. It is LEED-registered with green vegetated roofs, recycled materials, abundant sun windows and several energy saving features to reduce the impact on the environment. Griffin Plaza will offer approximately 150 affordable and market rate apartments, 32,000 square feet of retail, the preservation of 2 historical homes, and an urban pocket park. Griffin Plaza is located in the Gulch, in downtown Nashville, promoting a walkable urban district. Please visit www.griffinplaza.com for more information.
Dobbins Hill II Located in Chapel Hill along the main corridor of Highway 15-501, the second phase of Dobbins Hill has begun.The 32-unit affordable, family apartments will consist of 1, 2, and 3 bedroom units and will have amenities such as utility rooms with washer/dryer hook ups, large and spacious living spaces and storage throughout.Amenities will include a community space with a TV room, separate laundry facilities, resident computer area, exercise room, library, and sitting areas. A new tot lot will be added with picnic tables and grills. Construction is expected to be completed by Fall 2008.For development information, please contact Dean Edwards at dedwards@crosland.com. |