FAISON ANNOUNCES PLANS FOR LUXURY COMMUNITY IN HUNTERSVILLE, NC
Sample Road community - Huntersville, NC
Charlotte, NC —July 26, 2006 — The Residential development team of Charlotte-based Faison and Associates, announced their plans to develop a luxury community near Charlotte that will satisfy the potential buyer's need for both luxurious surroundings and a peaceful, secluded setting.
Located within a 20-minute drive from Downtown Charlotte on Sample Road in Huntersville, NC, this 120 acre property is surrounded by Mecklenburg County's Latta Plantation Park, and is adjacent to the park's equestrian facilities. The site is close to Huntersville Business Park and many excellent schools. This yet-to-be-named luxury community will contain approximately 70 heavily wooded lots ranging in size from 1/2 acre to over
1-1/2 acres. Construction is expected to commence in the 4th quarter of 2006.
A low impact development style will be incorporated in keeping with the site’s rural surroundings. Engineering should be completed in the next six months, after that time a search for builders will take place. "We expect to solicit interest from local custom home builders, national home builders for their luxury series, or from individual buyers searching for a home site," remarked Neil Kapadia, Managing Director of Faison's Mid-Atlantic Commercial and Residential Services.
Faison Enterprises, Inc. is a privately-held development company with a diversified product portfolio that includes retail, commercial and residential project development, management and acquisitions services. With more than 40 years in the business and holdings of approximately $1 billion, including $500 million of new projects under development, the Charlotte NC based company manages and develops properties throughout the South and Mid-Atlantic and maintains regional offices in Bethesda MD, Washington D.C., Charlotte NC, Charleston SC, Atlanta GA, Orlando and Delray Beach, FL. For more information, visit www.faison.com.
Contact: Faison
Mid-Atlantic Commercial and Residential Development: Neil Kapadia, 704-972-2674 or Neil.Kapadia@Faison.com Media: Carol Lommerse, 704-972-2669 or carol.lommerse@faison.com Web site address: http://www.faison.com Source: Faison Mid-Atlantic Commercial and Residential Development
