Avalaire Announces Groundbreaking For Phase One Of Luxury Custom Home Community
Work To Begin On Premier North Raleigh Community Wednesday, April 20
RALEIGH, N.C., April 14, 2016 – Avalaire, North Raleigh’s premier destination for luxury living, has announced that it will officially break ground on more than 100 acres of land for phase one of the new home community near the intersection of Durant Road and Honeycutt Road next Wednesday, April 20 at 2 p.m. Phase one will include 56 new home sites. Each site ranges from three-fourths of an acre to just under three acres, with home prices from $1 million and up.
Following the groundbreaking, work will begin immediately to build infrastructure for the community, including clearing timber for roads and sidewalks, constructing storm water retention ponds to manage surface water runoff and installing utilities.
An all-star roster of the Triangle’s most exclusive builders are eager to break ground, including Rex Bost, president of Bost Custom Homes, whose team has been selected to design and build the model home in Avalaire.
The roster of builders also includes:
- Arthur Rutenberg Homes
- Homestead Building Company
- KJ Construction
- Loyd Builders
- Phil Miller Construction
- Robuck Design Build
- Rufty Homes
- Mike Young Homes
Notably, Avalaire will preserve 25 percent of its acreage as natural habitat, a sharp contrast from other developments that clear cut land for residential development. Spacious parks and meandering walking and biking trails will complement the community’s landscape.
“It’s exciting to see Avalaire officially get underway,” said Mark MacDonald, Avalaire developer. “The careful management of how we develop this property is the first step in creating what will be the premier luxury home community in North Raleigh. As we turn dirt, more and more people are recognizing that the large lot sizes, prime location and outstanding list of custom home builders make Avalaire a one-of-a-kind opportunity in the Triangle’s booming real estate market.”
Coldwell Banker Howard Perry and Walston’s The Young Team serves as the exclusive sales team for Avalaire. John and Leslie Young have been consistent multi-million dollar producers specializing in the North Raleigh luxury market and are members of the Luxury Home Marketing Group. They have received recognition as recipients of Coldwell Banker’s International President’s Elite Award and Team of the Year Award, and have been ranked among the top 10 Coldwell Banker teams in North Carolina. For more information about Avalaire visit Avalaire.com.
ABOUT AVALAIRE LAND:
Avalaire Land, headquartered in Raleigh, NC, is a premier residential land development company that was founded to acquire and develop award winning, luxury residential communities in the Carolinas. The company was founded by Mark MacDonald and Pablo Reiter, who take immense pride in designing communities that they are proud to call home and that will stand the test of time by preserving and utilizing the natural beauty of the local landscape. The executive team has more than 100 years of combined experience in real estate development, specializing in acquisition, finance, land planning, project entitlement, construction and sales and marketing. The mission of the company is to be a responsible steward of land resources by utilizing a conservative, disciplined, hands-on approach in creating market-leading communities.
