By Ken Elkins, Senior Staff Writer
Charlotte Business Journal
Crescent Communities and its new Fielding Homes unit can celebrate the location of its newly launched Masons Bend community in Fort Mill for several reasons. There’s the booming growth of northern York County in general, plus the project’s view of the Catawba River.
Most importantly, though, is the fact that the 650-home project, which was dedicated Thursday morning, won’t be affected by a plan that could restrict development in York County.
The move to freeze new housing construction in northern York County surfaced this week. Michael Johnson, a York County Council member representing Fort Mill, has proposed the restriction on issuing housing plats for property in the Fort Mill and Bethel townships.
As proposed now, the ordinance would apply to only the unincorporated areas of those two York County townships, not to those housing projects planned inside the county’s municipalities. Since Masons Bend is being developed in Fort Mill, it would not be subject to a proposed moratorium, Crescent executives say.
Those Crescent officials aren’t sure whether a housing freeze would affect another of its York County projects: Paddlers Cove, planned off S.C. 49 in the Clover community.
Andy Carmody, president of Crescent’s residential division, says he understands York County’s concerns that the county is growing too quickly.
But a moratorium on subdivisions “will make homes cost more,” he says.
“It’s a clear message about managing growth,” Carmody adds. “That’s an issue that we care about too.” Homes in Masons Bend would be subject to Fort Mill’s new impact fees, which the town enacted in October.
All the talk of impact fees and a housing moratorium didn’t dampen the spirit at Masons Bend Thursday morning. Crescent is celebrating its new homebuilding unit, Fielding Homes and the opening of Mason Bend. That division will build its first homes — as many as 250 of them — in Masons Bend, says Steve Francis, division president of Fielding Homes.
He says Fielding Homes’ goal is to become the “gold standard here in the Carolinas” for homebuilders. The company plans to build in the “move-up production” market or the high end of stick-built homes.
Read the full article online at the Charlotte Business Journal.