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Crescent Announces New Section and Builder Partners for Lockwood Glen in Franklin, Tennessee

NASHVILLE, Tenn., March 04, 2016 (GLOBE NEWSWIRE) -- Crescent Communities and Pearl Street Partners have announced two new builder partners and a new section, Echelon at Lockwood Glen. Lockwood Glen is an idyllic single-family community in Franklin, Tennessee, featuring resort-style amenities and a focus on connecting with nature.

Ford Custom Classic Homes and Stonegate Builders will join Mallard Homes to create a total of 161 homes at Echelon at Lockwood Glen. Model and spec homes for Ford and Stonegate are expected to open by early fall. Mallard Homes is currently building in Lockwood Glen and has an open model and spec homes.

“Echelon at Lockwood Glen will offer the ultimate community living experience with a small-town feel and timeless architecture,” said Keith Glenn, senior vice president of Crescent’s Mid-Atlantic residential group. “We’re proud to partner with builders like Ford and Stonegate that share our philosophy of building communities that better people’s lives. We look forward to working together with these premier builders on high-quality homes at Lockwood Glen and Echelon at Lockwood Glen.”

Ford will build 34 manor homes, priced from the high $400,000’s to $600,000’s, and 52 townhomes starting in the mid $300,000’s. Mallard will build cottage and garden homes starting in the $400,000’s. Stonegate will construct the exclusive estate and executive homes starting at $650,000.

Echelon at Lockwood Glen will be built in four phases and offer a variety of products including townhomes, manor homes, executive homes and estate homes. The new section of the community will remain reminiscent of the classic American hometown, with the charm and vernacular styles of historic Southern neighborhoods. Construction is already underway on a Resident’s Club, which will feature a saltwater pool, outdoor grill and farm table, fire pit, play lawn and an amphitheater for community gatherings.

Lockwood Glen and Echelon at Lockwood Glen make up a picturesque community with a friendly, small-town feel located in desirable Williamson County off South Carothers Parkway. The initial phase, which was unveiled by Crescent in 2014, features resort-style amenities that encourage neighbors to come together to socialize and celebrate. At build-out, both sections combined will include 545 homes. Lockwood Glen also offers a variety of opportunities to enjoy nature, including a trail network, an 11-acre lake and 5 miles of Harpeth River Frontage.

About Crescent Communities

Crescent Communities, LLC is a leading real estate investment and operating firm creating 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 residential, multifamily, mixed-used and commercial properties and land assets, valued in total at $1.2 billion. Crescent is recognized for its innovative approach to development, robust capital deployment, seasoned leadership team, and proven model of sustainability. For more information, visit CrescentCommunities.com.

Contact: Savannah Durban 404-343-0870 sdurban@thewilbertgroup.com

Source: Crescent Communities