Preservation Homes To Build Homes For Olde Towne Neighborhood


Regional Homebuilder To Construct New Homes For New Raleigh Urban Community


[USPRwire, Thu May 31 2007] Scott McCrary, president of Carolina Communities Development Group (CCDG), has announced Preservation Homes will construct new homes for Olde Towne community. Preservation Homes will build custom-crafted, bungalow style homes for the new development, Olde Towne. Olde Towne, an exclusive urban development located at the intersection of Rock Quarry and New Hope roads, will consist of 2,400 homesites, an 18-hole semi-private golf course designed by Rick Robbins and 360,000 square feet of commercial/retail space. Approximately 240 of its 600 acres will be preserved to provide hiking trails, wildlife habitats and public recreation.

News Facts:

· Preservation Homes is a Triangle-based regional homebuilder.
· Olde Towne will consist of 2,400 homesites, an 18-hole golf course and 360,000 square feet of commercial/retail space.
· Approximately 240 of its 600 acres will be preserved to provide hiking trails, wildlife habitats and public recreation.
· Tom Bland is the president of Preservation Homes.

Quotes:
“Olde Towne, developed by the Carolina Communities Development Group, is looking forward to our involvement with Preservation Homes,” said McCrary. “Preservation Homes is one of the largest custom homebuilders in the market and their unique designs will be a great addition in this community.”

“Preservation Homes is looking forward to our involvement with Olde Towne,” said Tom Bland, president and owner of Preservation Homes. “It is our responsibility to provide not just a new home, but an attractive, high-quality community in which to live, enjoy life and raise a family. Olde Towne will give us the opportunity to embrace our custom styles in a prime new development.”

About Preservation Homes:
Preservation Homes has been building custom homes in the Triangle for nine years. Since that time Preservation Homes has vaulted from startup to ranking number 17 (by volume) in the Triangle housing market, which includes more than 400 homebuilders. Preservation builds new Bungalow style homes in Raleigh, Apex, Wake Forest, Greenville, New Bern and Oriental NC. For more information, visit their website at http://www.preservationhomes.com.

About Carolina Communities Development Group (CCDG):
Carolina Communities Development Group (CCDG) is a fully integrated real estate development firm specializing in the acquisition and development of both commercial and residential properties. CCDG’s mission is to identify, acquire and develop properties that will provide end-users quality business and residential environments while providing investors high returns with minimal risk. For more information, visit their Web site at http://www.ccdevgrp.com/.

About Olde Towne:
Olde Towne is a 600-acre exclusive urban development, consisting of 2,400 residential home sites, 360,000 square feet of commercial/retail space and an 18-hole golf course. Olde Towne plans to preserve 240 acres in order to minimize the development’s environmental footprint. This area will provide hiking trails, wildlife habitats and public recreation. For more information on Olde Towne, call Petra Bottomley at (919) 789-5244 or email her at OldeTowne@hpw.com , you can also visit Olde Towne’s Web site at http://www.oldetowneraleigh.com.

Keywords:
Olde Towne, Scott McCrary, Carolina Communities Development Group, CCDG, Preservation Homes, Tom Bland, Homesites, Golf Course, Hiking Trails, Commercial/Retail, Wildlife habitat, Rock Quarry Road, New Hope Road, Rick Robbins, Coldwell Banker Howard Perry & Walston Builder Services, Petra Bottomley, Debbie Houston.

Patty Briguglio
MMI Associates, Inc.
919-233-6600
patty@mmimarketing.com

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Company: MMI ASSOCIATES, INC.


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