Wow, these turned out nice! We mentioned Celadon a long time ago, and now the twenty-four unit development is complete. The Charlotte Business Journal gave Celadon their Green Multifamily Project of the Year Award, and despite this crazy real estate market, buyers (who committed to a unit at the top of the market) are getting appraisals at the contract price. I guess you could say green and modern design holds market value … we certainly think it does. The interiors are minimalist and just right.
Celadon is still the only multifamily project in the area that's LEED Registered. The developers, Origin Development, LLC, expect LEED-ND certification shortly. Celadon residences tested out with a HERS rating of mid-to-upper 60s and are approximately 30-40% more energy efficient than standard homes.
With stormwater retention and native, drought-tolerant landscaping, the development is expected to save about 396,000 gallons of water annually. Additionally, units use a high-efficiency HVAC system, tankless water heater, skylights and solar tubes, a light-reflective roof, sub-metering, energy-efficient appliances, and low-VOC paints and materials, etc. If you're in the market, Celadon homes range in size from 1,000 – 2,400 square feet and in price from $235k – $495k.
Photo credits: Origin Development, LLC.