OUR STORY. Building communities. Bettering people’s lives.

For over half a century, Crescent Communities has helped define moments that matter for everyone that lives, works and plays at our properties. Our mission is to create single family, commercial / mixed use, multifamily and land developments that cultivate communities, grow relationships and establish legacies. We are based out of Charlotte, NC and our offices and developments cross some of the most active real estate markets across the U.S.

THE CRESCENT COMMUNITIES WAY. We choose the right path over the easy one.

At Crescent Communities, we approach every development as a chance to create the greatest place for its purpose. From amenity-rich resorts to efficiency-focused offices, we attempt to create exceptional environments that deliver what matters most to our consumers. Our projects go beyond brick and mortar to ensure their long-term success and sustainability. By paying close attention to the fine details for all four of our workstreams, we can work simultaneously and efficiently to create the best developments for the objectives at hand.

Our History. By Looking to our past, we find inspiration for the future.

For almost half a century, we have been dedicated to creating communities that are designed to prosper. Our company has grown each year because our developments have grown with us. 

At Crescent Communities, land is a part of everything we do. We have a deep appreciation for the land and are wholly focused on enhancing its value by balancing land improvements with sound management practices and environmental stewardship. Since our inception in 1963, we have been careful stewards of the over 223,000 acres of land that we owned and managed across the country. We pay tribute to the legacy that the land offers in every project we do – from our multifamily projects down to our single-family communities – we always look to our past to inspire the projects of today.

Explore our timeline below to learn more about our heritage.


- Duke Energy begins operations as Catawba Power Company


- Duke Power Established A forestry department to manage company land and promote good practices of soil and water conservation, as well as a watershed management program


- Crescent Founded by Duke Power

1970s to Early 1980s

- Land-Focused Business - Crescent's business relied on land management and commercial forestry before expanding to residential and resort properties

Mid - 1980s

- Residential Branch Opens - Development begins on several residential projects in the Charlotte area


- First Lake Norman Community - Sales begin at The Peninsula, Crescent’s first residential community on Lake Norman.
- First Office Park - Coliseum opens in Charlotte


- Residential Communities Continue Development - Charlotte, Atlanta, Lake James, and Lake Keowee begin construction, plus commercial developments are built in Charlotte, Nashville, Tampa and Orlando


- Acquires Potomac Yard - The 300-acre Potomac Yard site was formerly one of the busiest rail yards on the Eastern Seaboard
- Palmetto Bluff Development Begins - The 20,660-acre site in South Carolina will go on to be an award-winning resort


– Nissan North America Selects Crescent
- Crescent’s Corporate Centre near Nashville is chosen as the site of its North American headquarters
- Earn LEED-NC Gold CertificationOne & Two Potomac Yard becomes our first office park in the DC-metro area to earn the environmentally-focused accreditation


- IKEA Selects Crescent
- A Crescent property in Charlotte is chosen to build the first store in the Carolinas


– Construction Starts at Phipps Tower - It will be Crescent’s newest office building in Atlanta’s Buckhead neighborhood
- Introduces Circle - Circle will be an environmentally friendly apartment community focused on enriching social experiences for residents


– Palmetto Bluff Named #1 Resort in U.S.
- Travel and Leisure names Palmetto Bluff the #1 resort in U.S.
- Four New Circle Communities Under Dev.- Crescent continues to expand their environmentally conscious residential brand to Charlotte, Tampa, Austin and Nashville


- Greenway Centre One Opens - The 156,000-sq-ft office building near Nashville opens 100% leased
- Circle at Concord Mills Receives Award
- The community is named luxury multifamily project of the year


–Circle West Campus Begins Construction - Located in Austin, this will be Crescent’s first apartment community to serve students.
- Gallery at Cameron Village Launched - Construction launches on the apartment community in Raleigh, NC


- Multifamily Construction in Key Markets
- Building begins on apartment communities Circle Ninth Street in Durham, NC, South Park in Charlotte, NC, Bayshore in Tampa, FL and Circle Crosstown in Tampa, FL


- Crescent undergoes rebranding - Crescent Resources becomes Crescent Communities, reflecting its focus on community development across all business units


- Crescent announces the creation of the Fielding Homes home building company


- Crescent unveils dynamic new brand identity for thriving multifamily business: NOVEL by Crescent Communities