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Archive for the ‘real estate’ Category

Biltmore Park Town Square Welcomes New Tenants

Wednesday, October 7th, 2009

ASHEVILLE, NC – As fall brings crisp weather and beautiful scenery to Asheville, Biltmore Park Town Square is bringing new retail offerings, and whether it’s your closet or your home that needs updating, these new tenants are sure to meet your shopping needs. Fall is already full with wonderful events that include Music in the Park every Saturday, the Fall Fest on the 17th, and even more highly-anticipated restaurants, so now is a better time than ever to explore the happenings in Town Square.

This month, Bon Bébé, Dwellings, and Moda will join the growing number of retailers in Biltmore Park. Bon Bébé specializes in children’s playwear and interior design; Dwellings will offer one-of-a-kind French Industrial decor and furniture; and Moda will feature contemporary and chic apparel and accessories for women. In addition, Hickory Tavern Grill and Raw Bar will be opening this month to satisfy all of your comfort food cravings–from hamburgers and wings to shrimp and oysters.

All of these new businesses will be located along Town Square Boulevard, making for a convenient and hassle free opportunity to peruse national and local retailers without having to jump in the car and drive to several different destinations. Pick up your next read at Barnes & Noble, and then head across the street to admire the talent of the Echo Gallery artists. Then treat yourself and stop by one of the three new stores, or try a new restaurant, and stock up on all of your fall must-haves

Student Documentary Highlights Ciĕl as a Sustainable Development

Monday, September 7th, 2009

ASHEVILLE, NC – Sustainable energy has been declared a key initiative of the European Union by the Czech Republic, the current holder of the E.U. presidency. With this focus, the E.U. solicited assistance from the United States Department of State in identifying and highlighting the most innovative sustainable projects in the U.S. Ciĕl was honored to be selected as a potential featured project, as only a few projects were chosen.

Rich Beckman, the Knight Chair of Visual Journalism at the University of Miami, worked with journalism students to create a documentary that highlights Ciĕl.

Grove Park Taps Beverly Hanks to Market Fitzgerald Condominiums

Friday, August 28th, 2009

ASHEVILLE, NC – The wholly owned development entity of The Grove Park Inn Resort & Spa—recently selected Asheville-based real estate firm Beverly-Hanks & Associates, Inc. as the listing agent to drive sales at The Fitzgerald Condominiums, located on the historic grounds of The Grove Park Inn. “We’re very excited to be selected to represent The Fitzgerald,” said Neal Hanks, President of Beverly-Hanks. “The Fitzgerald is a premier offering in Asheville. It has a coveted location at the historic Grove Park Inn, just minutes from downtown. And it offers a finished product with finished amenities.”

The Fitzgerald is a picture of strength in today’s market, offering itself as a limited collection of 24 elegant residences. Each unit overlooks the celebrated Donald Ross Golf Course and provides breathtaking views of the Blue Ridge Mountains and downtown Asheville. Units range in size from 1,969 to 2,843 square feet, with prices beginning at $1 million. A host of privileges and amenities are available to owners through an exclusive Grove Park Inn Community Membership, including complimentary, unlimited access to the nationally acclaimed, award-winning Spa, golf privileges at the Inn’s Donald Ross Golf Course and access to a 50,000 square-foot Sports Complex.

Already, The Fitzgerald has generated a lot of interest and momentum—25% of the units have closed and the first residents have moved in. To help Beverly-Hanks drive sales at The Fitzgerald, GPI Ventures has also enlisted the help of a local sales and marketing firm, The Carolina Agency, a small group of Senior-Level only marketing specialists who have a great deal of experience in high-end real estate and master-planned communities. Additionally, The Fitzgerald is listed as a featured community at downtown Asheville’s Private Mountain Communities (PMC), the recognized authority on Western North Carolina real estate and mountain living.

According to Craig Madison—a former marketing agency owner and current President and CEO of The Grove Park Inn—the combination of Beverly-Hanks, The Carolina Agency and PMC offers exactly the right mix of experience and talent to take The Fitzgerald to the next level. “We’ve enjoyed a good deal of early success in the local market,” he says, “but it’s now time to take a more targeted and integrated message to the regional and national markets. The team of players we’ve assembled—with their industry experience in upscale lifestyle-based communities and extensive knowledge of our market—enables us to do that.”

For anyone desiring to learn more about The Fitzgerald or to take an up-close tour of the property, a model residence is now open daily—Monday-Saturday from 11:00 a.m. to 5:00 p.m.; and Sunday from 1:00 to 4:00 p.m.

Queens Gap Purchased by Seven Falls Owner

Friday, August 14th, 2009

ASHEVILLE, NC – Queens Gap, a 3,350-acre master-planned community located 30 miles east of Asheville, North Carolina on I-40 near Rutherfordton, North Carolina, has a new ownership effective immediately. Devinshire Land Development, LLC, Queens Gap’s parent company, has been acquired by a company controlled by Keith Vinson. Queens Gap features a Jack Nicklaus Signature Golf Course and a number of world-class amenities including, a Wellness Pavilion, Outfitter’s Lodge, Equestrian Center, Tennis Complex, and miles of walking and hiking trails.

Tradition LLC, a management company owned by Vinson, will manage the construction and development of Queens Gap, along with the development of Seven Falls Golf & River Club located on more than 1,600 acres just 20 minutes from Asheville in the mountains of Western North Carolina. Seven Falls is home to the first Arnold Palmer Premier Club–featuring the 19-hole Arnold Palmer Premier championship course and the 60-acre practice campus that includes The Arnold Palmer Teaching Academy and its 9 practice holes, complete with USGA greens.

As the management company for Western North Carolina’s only golf and river clubs, Tradition will be able to efficiently manage construction progress and better utilize resources at the two developments. “At a time when many developments are on hold,” says Vinson, “Queen’s Gap and Seven Falls are moving forward with the community development construction. We are currently working on both properties, laying water lines, and building roads.”

What’s more, Seven Falls and Queens Gap are making a significant impact on the Western North Carolina economy by creating a number of jobs in both the construction and hospitality industries. Thanks to a sustainable construction timeline, progress is clearly visible in both communities. At Queen’s Gap, construction of the Jack Nicklaus Signature Course is set to begin this fall, while at Seven Falls the finishing touches are now being put on the precedent-setting Arnold Palmer Golf Academy that is scheduled to open this year.

Asheville’s Rose Hill Plantation Offering Single Family Homes in Green Community

Friday, June 26th, 2009

ASHEVILLE, NC – Rose Hill Plantation, Asheville’s first single family thoughtfully planned "Healthy Living Community," is bursting with green. A focal point of life at Rose Hill Plantation is the community garden which allows residents to choose a raised garden bed and grow their own vegetables, fruits and flowers. The garden plots are one of several sustainable features that support the community’s dedication to fostering an invigorating, healthy, and sustainable lifestyle for active adults. The homes are built to the Western North Carolina Green Building Council standards.

These are new homes in Asheville, NC. And additional green focused amenities include alternative power choices, rainwater collection programs, energy and resource efficient appliances, walking trails and dedicated areas with benches for bird watching, a Clubhouse including a fitness center, a swimming pool and spa, a media room and a tennis court, as well as a stocked lake for fishing. In addition, the community will feature a Healthy Living Manager to help plan community events and outreach programs.

For a limited time, ready to move-in two and three bedroom homes at Rose Hill Plantation, or new built homes are priced from $279,900 representing a price savings of 15% or more. In addition owners can enjoy a $5,000 move-in decorator allowance on any existing new built home.

For more information, the Sales Center at Rose Hill Plantation is now open and new homes and model homes may be previewed. The Clubhouse, swimming pool and spa, and walking trails are complete, and also under construction, scheduled for opening later this summer, is the tennis court and a unique "Green Showcase Model Home" where homebuyers can preview green friendly upgrades that can be added to any new home prior to construction. These upgrades are designed to enhance the healthy environment, contribute to energy cost savings and help reduce carbon emissions.

To visit Rose Hill Plantation call the sales office at: 828.337.2212 or register
www.rosehillplantation.net. The Sales Office is open seven days a week and is located at 3041 Leicester Hwy. (Hwy. 63) Leicester, NC 28748

The Cliffs at Walnut Cove Opens New Wellness Center

Thursday, June 25th, 2009


ARDEN, NC – The Cliffs recently opened a state-of-the-art 18,000-square-foot Wellness Center at its Walnut Cove community in Arden, N.C., the latest in a long line of first-class amenities that stretch across its eight luxury developments based in the Blue Ridge Mountains of the Western Carolinas.

The Center offers a four-lane outdoor pool and a two-lane heated indoor lap pool that are junior Olympic lengths. There also are spacious aerobics and fitness rooms filled with the best training equipment and a spa treatment center adjacent to the full locker room facilities for men and women. A huge meeting room is also available.

It’s the latest amenity at Walnut Cove that also features a Jack Nicklaus Signature Design golf course that opened in 2005.

"We offer a full schedule of personal conditioning programs, classes and activities for our Members," said Vance Ferrigno, director of wellness programming. "Our goal is to help our Members improve their lives outside the gym, whether that means having a better golf game or do whatever it is in life that brings them fulfillment. Our goal is to make The Cliffs the healthiest place to live, work and play in America."

The Cliffs offers a comprehensive wellness program focuses on mind, body and spirit that is supported by preventative medical programs, customized individual programs, wellness coaches and nutritional programs. More than 3,000 programs are offered each year throughout all the Cliffs communities.

These programs are sustained through formal affiliations with leaders in the field of preventative healthcare, including, for example, the Wake Forest University School of Medicine.

The Cliffs Communities recently received national recognition for its innovative employee wellness program, earning a gold distinction from the Wellness Councils of America (WELCOA).

Rose Hil Planation in North-West Asheville Offers Spring Savings

Wednesday, May 13th, 2009

ASHEVILLE, NC – Rose Hill Plantation, Asheville’s first single-family thoughtfully planned "Healthy Living Community," is now also Asheville’s best buy. For a limited time, ready to move-in two and three bedroom homes, or new built homes are priced from $279,000 representing a price savings of 15%. In addition, owners can enjoy a $5,000 move-in decorator allowance on any existing new built home.

From the ground-up Rose Hill Plantation is unique in its dedication to fostering an invigorating, healthy, and sustainable lifestyle for active adults. The enclave of 103 single-family detached-homes is nestled into a pristine parcel of land and surrounded by breathtaking vistas in Northwest Asheville, just 10 minutes from the city’s downtown. Of the gated community’s 58 acres, more than 40 acres are in a conservation easement that includes dedicated walking trails and communal gardens.

"Rose Hill Plantation is the premiere healthy living community for the Asheville area and now it is clearly the best value," said onsite Realtor, Debbie Kelly with Beverly-Hanks & Associates. "It’s the only single-family community that offers a detached home with maintenance-free living in a gated community for under $300,000. This limited-time pricing combined with the healthy lifestyle amenities make it the most compelling new community in Asheville," added Kelly.

The Sales Center at Rose Hill Plantation is open seven days a week and is located at 3041 Leicester Hwy. (Hwy. 63) Leicester, NC 28748. Or call the sales office at: 828.337.2212 or online at www.rosehillplantation.net.

Homes at Rose Hill Plantation are now priced for a limited time from the high $200s to the low $400s. Each of the single family one and two story homes range from approximately 1387 to 2430 square feet and offer two and three bedroom plans with garages and some have the capability of a finished lower level. The homes offer a maintenance-free environment within a lock-and-leave setting in a gated community.

Rose Hill Plantation is a development of Jeff Glover who is a Platinum Member of the Western North Carolina Green Building Council.

Prudential: Optimistic Outlook for Asheville Real Estate Market in 2009

Monday, May 4th, 2009

Prudential Lifestyle Realty

ASHEVILLE, NC – Prudential Lifestyle Realty has done its research. It has found fresh data from several respected sources, that confirms what many local REALTORS® and mortgage brokers had already predicted – a more optimistic outlook for Asheville area real estate in 2009.

Compelling evidence that confidence is returning to the markets can be seen in recent data related to the pace of home sales and mortgage lending activity. The Federal Home Loan Corporation or "Freddie Mac" reports that mortgage interest rates are now at historically low levels, dipping below five percent. Not since Freddie Mac began keeping records back in 1971 have reliable and safe 30-year fixed rates been that cheap and attractive.

The "Home Affordability Index" compiled by the National Association of Realtors (NAR) also broke a record held since the early 1970s. According to that closely watched index, homes across the USA are now more affordable overall than they have been in nearly four decades.

According to the Mortgage Bankers Association, banks are seeing a surge in loan applications, both for buyers and for homeowners wanting to refinance. CEO Ken Lewis of Charlotte-based Bank of America told reporters that the bank increased its staff by some 5,000 people in order to meet the increased mortgage loan processing demand. To ensure that the housing sector continues its recovery, the government is also busy.

The Fed is investing some $1.5 trillion in mortgage-backed securities. This proactive strategy aids banks that have been burdened by mortgages that private investors have been reluctant to purchase. That, in turn, makes retail mortgages more affordable for average consumers as banks return to normalcy. President Obama also launched the successful Making Home Affordable initiative, an FHA program that is helping homeowners avoid foreclosure through loan modifications that reduce their monthly payments.

But one of the biggest reasons that Asheville area property sales are expected to rise is that first-time buyers are eligible for a huge $8,000 tax break from the IRS. The official definition of a "first-time" home buyer is someone who has not purchased a home within the past three years, and that broad category includes many people in WNC. According to Standard & Poor’s / Case-Shiller Index, median prices for single family homes nationwide have fallen by about 30 percent from peak levels reached back in 2006. While loss of value has been problematic, it has also yielded a positive outcome that is a fundamental necessity before markets can experience a sustainable recovery. Plummeting prices have effectively eliminated the kind of frenzied excess that caused the hazardous housing price bubble to expand in the first place – and ultimately go bust.

Springtime is traditionally the busiest time of year for the real estate industry, because as the weather improves it becomes easier for people to browse neighborhoods, tour properties, and shop for homes and condos. Based on all the positive statistical data this should be a good season for sales, and that will set the stage for improvement throughout the rest of 2009.

Ciel Community Debuts its First Luxury Home in Asheville

Thursday, April 23rd, 2009

ASHEVILLE, NC – Ciĕl is debuting its first environmentally friendly luxury home. Ciĕl is a high-end community in Asheville, N.C., developed by AIBL Invest, LLC.

With luxury appointments from top to bottom, the home has garnered certification from the NC HealthyBuilt Homes program and nomination in the NAHB Green Awards, which recognizes home builders and developers that advance green building through innovative design and construction techniques.

“This home epitomizes luxury living in an environmentally sustainable way,” said David Zimmerman of AIBL Invest, LLC. “Every aspect of the construction process was carefully planned by a team of experts and artisans, ensuring the result is a healthier, more efficient luxury home.”

The home, built by Cottonwood Development Company, is chock-full of artisan touches, high-end finishes and green features. The builder and developer consulted with Joe Crocker, an Appalachian State University professor and LEED-accredited expert in green building, to ensure the home meets environmental standards. With almost 7,000 square feet under roof and more than 2,000 square feet in outdoor living space, the home is priced at $3,499,999. For more information, visit www.ciel-property.com.

Asheville Green Homes Parade Sceduled for April 26th

Wednesday, April 22nd, 2009

ASHEVILLE, NC – Green homes go on parade this month in a green home tour featuring 41 Buncombe County homes.

The self-guided tour, put on by the Asheville Board of Realtors’ eco-consultants division, will be 1-5 p.m. April 26.

A list of the homes and directions to each are on the event’s brochure, available at the Asheville Board of Realtors new office, 37 Montford Ave., Asheville (you can pick up a brochure beginning Monday; as of today, you can also download the brochure at www.green-hometour.com). For more, call Mike Figura at 337-8190.

The homes on the tour range from $121,000 at The Westcourt (a future LEED mixed-use condo development in West Asheville) to a $2,895,000 HealthyBuilt Silver home at the Cliffs of Walnut Cove.

“Just a few years ago, the first HealthyBuilt Home was constructed in North Carolina. Now there are 193 HealthyBuilt Homes listed on MLS,” said Figura, chairman of the eco-consultants division. “When we realized this, it just made sense to create a green home tour so that we could show the public the excellent green building that is occurring in Buncombe.”

The Buncombe Green Home Tour will feature existing green homes for sale as well as pre-construction green developments. Information will be available at the Asheville Board of Realtors on April 26 for pre-construction green developments that people cannot tour. Two landscape architects, David Tuch with Equinox Environmental and David Brannon with SiteRythems, will also talk about topics like sustainable land planning and environmental resource assessment at the Asheville Board of Realtors.