9 1 9 | H O L LY S P R I N G S
THE YIELD IN HOLLY SPRINGS Crescent Communities Development Focused On Biomanufacturing
Photos by George Lainis Groundbreaking for The Yield Phase 1 in Holly Springs in February
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n the heels of Crescent Communities’ announcement in late 2021 that work was commencing on The Yield Phase I in Holly Springs, a 200-acre Master Development focused on biomanufacturing, office and retail amenities – comes the news that The Yield Phase II is planned. The Yield Phase I, will feature two 105,000 sq. ft. biomanufacturing buildings and 52,000 sq. ft. of lab and office space. The first two buildings of Phase l are expected to be completed in late 2022. Work on Phase 1 officially began in December 2021. A third building is expected to be completed later. The Yield Phase II will offer up to 2 million sq. ft. of lab, office and manufacturing space in 10 additional buildings on 120 additional acres. Crescent Communities – working with Nuveen Real Estate – hopes to advance development plans for the second phase to begin construction in the second half of 2022. The forthcoming 200-acre campus signifies Crescent Communities' first commercial project in the 919 – and the first life science-focused project in its portfolio.
Ting Park in Holly Springs
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John Brewer, Brian Carr and Ann-Stewart Patterson of CBRE Raleigh are in charge of leasing for The Yield. Visit cbre-raleigh.com to contact. The Yield development is located at 11651 Holly Springs New Hil Road in Holly Springs. For more information, visit theyieldnc. com. Crescent Communities is a Charlotte-based real estate investor, developer,
KICKBALL TOURNAMENT AT TING PARK IN MARCH
and operator of mixed-use communities. The company’s development portfolio includes 69 multifamily communities, 22 million square feet of commercial space and 60 single-family, master-planned housing communities. The Yield is a joint venture between Crescent Communities and Chicago-based Nuveen Real Estate, an investment manager with $142 billion worth of assets under management.
COMMUNITY DAY
The first ever Ting Internet North Carolina Internet Community Day Kickball Tournament at 9 a.m. to 6 p.m. on Saturday, March 12, at Ting Park at Ting Park in Holly Springs. The event will provide networking opportunities with other local businesses all while having fun and playing kickball. The co-ed players must be 18 years and older. A minimum of 10 players per team is allowed, with a maximum of 15 players. Ting Park is located at 101 Sportsmanship Way in Holly Springs. For more information on the special event and the Goombay Raleigh-Durham Sports League, visit loom.ly/6aKvuTc. Information is also available at hollyspringschamber.org.
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Spring 2022
