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Article: The Charlotte Observer, N.C., Doug Smith Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- November 19, 1999
- Author:
CopyrightCOPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Nov. 18 -- Crescent Resources, perhaps best known for its residential and commercial projects in the Charlotte area, is expanding into shopping center development.
The announcement Wednesday came on the heels of its disclosure about a month ago of plans to launch a multifamily development division.
Formed 30 years ago by Duke Energy to manage 270,000 acres of land primarily in the vicinity of power-generation plants, Crescent has become a major commercial and residential developer in five states.
The Peninsula, a 850-acre golf course community on Lake Norman, and Coliseum Centre, a ...