Crescent Communities' Elizabeth on Seventh Announces First Restaurant
Charlotte, N.C. – (February 18, 2022) – Today, Crescent Communities, a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use and commercial communities, announces the first retail tenant at its forthcoming mixed-use community in Charlotte’s Elizabeth neighborhood, Elizabeth on Seventh: Rosemont Market and Wine Bar from the team behind popular Charlotte restaurants including The Crunkleton and Cheat’s Cheesesteak Parlor (both of which are also located in the Elizabeth neighborhood).
Rosemont Market and Wine Bar will offer breakfast, lunch, coffee, wine, and beer, plus full-service dinner, market items, catering capabilities, and grab-and-go meals. With 60+ seats to accommodate indoor dining and 40+ more on the patio, Rosemont Market and Wine Bar will serve as a gathering place for Elizabeth and Charlotte residents alike. Approximately half of the space will be dedicated to the market concept.
“We are thrilled to announce Rosemont Market and Wine Bar’s first location at Elizabeth on Seventh. Our team loves the Elizabeth neighborhood and is eager to extend our footprint there, and we’re thankful for the opportunity to do so in partnership with Crescent Communities,” says Blake Thompson of Red Mountain Management, a parent company of Rosemont Market and Wine Bar. “We named this concept after the Elizabeth neighborhood. Our team chose Rosemont because it’s the name of one of the original subdivisions in Elizabeth – in fact, it’s the one that this location faces directly across Caswell.”
Elizabeth on Seventh includes three floors of creative office space, exceptional top floor views of Uptown, several outdoor balconies, patio space on the ground floor, and an unparalleled location with convenient access to the central business district, I-77, I-74, I-277, and the CityLYNX Gold Line. Additionally, Elizabeth on Seventh offers additional ground floor retail opportunities complete with ample adjacent parking, especially helpful for night and weekend visitors, and outdoor dining spaces along a vibrant walkable street.
“We are excited that Rosemont Market and Wine Bar will be joining Elizabeth on Seventh,” says Elizabeth McMillan, Project Executive at Crescent Communities' Commercial Business Unit. “It will provide a variety of much-needed food and beverage offerings to the neighborhood and our future office tenants.”
Elizabeth on Seventh is being developed in a joint venture with Faison Enterprises. Additional partners include Truist (construction financing), Choate Construction (general contractor), BB+M (project architect), and LandDesign (civil engineer and landscape architect).
For more information, visit http://www.elizabethonseventh.com/.
Rob Hord with RED Partners represented the tenant in this transaction.
About Crescent Communities:
Crescent Communities is a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use communities. We create high-quality, differentiated residential and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 69 multifamily communities, 22 million square feet of commercial space and 60 single family master-planned communities. Crescent Communities has offices in Charlotte, DC, Atlanta, Orlando, Nashville, Dallas, Denver, Phoenix and Salt Lake City. Our residential communities are branded NOVEL, RENDER and HARMON by Crescent Communities.