Pleasants Development, Inc. Closes Sale to NVR, Inc. for Residential Lots at Brunswick Crossing Master-Planned Community in Brunswick, Maryland
Lots Sold at new Brunswick Crossing Community in Brunswick, MD
Clarksburg, MD (October 01, 2014) – Pleasants Development, Inc., one of the Washington Metropolitan leading residential real-estate developers, has concluded a sales contract for over 400 residential lots at its Brunswick Crossing master-planned community in Brunswick, Frederick County, Maryland to NVR, Inc. The transaction represents a significant commitment towards the build-out of homes in this 553-acre mixed-use, resort-style community.
The NVR contract for the 400+ home lots ranges from 2,400 to 7,700 square feet and represents all five product types reflected throughout the community. NVR plans to build homes in the highly amenitized community that is sensitive to the theme of the community and surrounding area and reflects buyer demand for upscale architecture for the planned community. NVR builders will execute contracts under Ryan Homes. Model homes for its five home products are planned to open as early as the First Quarter of 2015.
“This sale to NVR marks a significant milestone in the development of this premier resort-style community,” said Jerry Connelly, Sr. Vice President of Pleasants Development, Inc. “Brunswick Crossing is uniquely located in one of the most scenic areas of Frederick County, Maryland. It is conveniently located to major commuter and entertainment corridors, includes an exceptional product mix designed for expanding families, active adults, I-270 commuters and retirees yet is only a few minutes away from natural amenities such as the Potomac River and C&O Canal.”
Planned as a transit-friendly community convenient to local commuter routes, Brunswick Crossing is located in the City of Brunswick, less than 10 minutes from I-270 and I-70 and less than 5 minutes from the MARC Train Station. Situated on Route 17 and near Route 340, the award-winning community, with 26 miles of paved bike paths and walkways and nearly 100 acres of stream valley woodlands and conservation areas, has been delivering homes since April 2010.
Brunswick Crossing is annexed into the City of Brunswick, zoned and entitled for 1,505 residential units and over 37 acres of mixed-use commercial and civic uses.
Amenities include a Clubhouse, 25 Meter Lap Lane Pool, Kiddie Pool, Pool House and Fitness Center, 2 Tennis Courts, Terraced Event Lawn, Sports Field, Paved Trail System, Passive and Active parks and other open space. Extensive grading and roadway infrastructure has been completed throughout the site with Phase I and Phase II open and homes settled. Many major amenities have been installed with the next being the pool and fitness complex which is under design and planned to open Memorial Day 2016.
Weis Markets, Inc. has recently executed a contract as the grocery anchor for over 11 acres of retail space. Construction of their store is expected to begin in 2015, with a one year construction schedule and a grand opening shortly thereafter.
NVR homebuilding operations serve 27 metropolitan areas in 16 states, including Maryland, Virginia, West Virginia, Pennsylvania, New York, New Jersey, Delaware, Indiana, Kentucky, Illinois, Ohio, North Carolina, South Carolina, Florida and Tennessee. Please visit www.nvrinc.com for more information.
Pleasants Development, Inc. acquires, entitles and develops major residential properties and commercial developments. The company specializes in creating distinctive master-planned and mixed-use communities that emphasize quality of life, environmental sensitivity and recreational opportunities.