Crescent Communities, a nationally recognized market-leading real estate investor, developer, and operator of mixed-use projects, announced that it has tapped four premier homebuilders and multi-residential developers for the first phase of development at The River District, its 1,400-acre master-planned community in West Charlotte.
The developer has selected David Weekley Homes, DRB Homes, Saussy Burbank, and Toll Brothers as part of the first builder phase consisting of over 260 lots of a total potential of 2,300 single-family homes to be constructed within The River District community.
Construction on model homes will begin as soon as the end of the year, and additional details around architectural elements, lot sizes, and more will be announced in the coming months. All homes in the first phase of development will be in Westrow, The River District’s neighborhood town center, while the second phase of residential development – with homes set to be completed at the end of 2025 – will be located in the Basswood neighborhood.
“The selection of these four distinguished homebuilders marks a pivotal moment for The River District as we solidify our plans for developing a diverse range of high-quality, modern homes, offering an unparalleled live-work-play experience,” said Rainer Ficken, senior managing director of The River District. “Our collaboration with these trusted partners known for their homebuilding expertise and diligence ensures that The River District will be a premier community anchored by a combination of residential, retail and office spaces that combine urban conveniences with the tranquility of the region’s natural beauty.”
Conceptualized through a thoughtful multi-year development process guided by principles of environmental sustainability and long-term resiliency, The River District is set to include over 500 acres of preserved open space, greenways and trails, and various community amenities, alongside millions of square feet of mixed-use opportunities in addition to these first residential and multifamily residential offerings. Nestled between the banks of the Catawba River and Charlotte-Douglas International Airport, The River District will integrate the primary components of urban life – a connected network of homes, retail shops, restaurants, office buildings, schools, and public spaces – with the allure of the parks, trails, forests, river access, and open spaces abound in nature.
