Build to Rent Community Opens North of Dallas

DALLAS – (Realty News Report) – Crescent Communities has opened Harmon Melissa, a build-to-rent townhome community in Melissa, Texas.

Located off U.S. 75 and Melissa Road about 40 miles north of downtown Dallas, the community consists of 146 townhomes with front porches surrounded by several linear parks. The project, one of several new build-to-rent projects in Texas, offers three- and four-bedroom townhomes ranging from 1,798 to 2,168 square feet with attached two-car garages.

“Harmon Melissa was designed for renters whose lives have evolved beyond what a traditional apartment can easily accommodate, but who still value the flexibility that comes with renting,” said Tony Chen, Senior Managing Director of Build-to-Rent at Crescent Communities. “That could be a growing family looking for another bedroom and a yard, a professional who needs a dedicated home office, someone relocating to North Texas who wants time before deciding where to buy, or an empty nester who wants the space and privacy of a home without the responsibilities of ownership.”

Community amenities include a clubhouse with an open-air pavilion and a resort-style saltwater pool, dog park, game lawn, outdoor grilling and dining stations, and three linear parks with walking trails.

Build to Rent Community Opens North of Dallas — One of the gathering areas at Harmon Melissa. Crescent Communities courtesy photo

Crescent Communities developed the community in a joint venture with an account managed by Heitman LLC. The joint venture is developing build-to-rent projects in key growth markets, including Arizona, Florida, Georgia, North Carolina, Tennessee, and Texas.

Partners on Harmon Melissa include Cooper Carry (clubhouse architect), Kimley-Horn (civil engineer and landscape architect), NRP Group (general contractor), Southern Energy Management (sustainable energy program), and Vinyet (townhome architect).

Boilerplate: Founded in 1963 and headquartered in Charlotte, N.C., Crescent Communities is a market-leading real estate investor, developer, and operator of mixed-use communities. The company’s development portfolio has included more than 104 multifamily communities, 26 million square feet of commercial space, and over 60 master planned communities. Multifamily projects in the Dallas area include Novel Turtle Creek, Novel Deep Ellum (now Indie Deep Ellum), and Novel Bishop Arts (now Vance at Bishop Union).

Feature image: Harmon Melissa. Crescent Communities courtesy photo.

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