February 22, 2024 – Flournoy Development Group (FDG) has broken ground on a new Active Adult (55+) community in Asheville, NC. The class A community will be an integral part of The Preserve at Busbee Mountain, a 130-acre master planned residential development along Sweeten Creek Road in Central Asheville’s dynamic southern corridor. The Active Adult community will be preceded by Ellison at The Preserve, a 315-unit conventional multifamily community, and later followed by a second conventional multifamily phase and single-family estate lots.
The 179-unit community will feature uninterrupted mountain and forest views, multiple elevators in each residential building, conditioned corridors, well-appointed bistro dining area, multi-functional club room, state-of-the-art fitness/wellness center, resort style swimming pool with lap lane, outdoor putting green, community gardening areas and more. Residents will also enjoy planned community events and social activities with the help of an on-site lifestyle coordinator.
Ideally positioned on the western slopes of Busbee Mountain in the thriving Central Asheville submarket, the 23+ acre site’s landscape provides privacy and scenic mountain views while maintaining convenient accessibility to outdoor recreation, retail and entertainment hubs in nearby Biltmore Village, Biltmore Park, and the Hendersonville Road corridor.
“We are extremely excited to bring another premier community to this flourishing submarket and master planned development.” said Tom Burr, Vice President for Flournoy Development Group. “FDG has a strong track record in the Asheville market, and we are thrilled to execute on this opportunity to deliver best-in-class residential product to better serve growing demand from future residents in this thriving location.”
Construction is currently underway with plans to welcome residents in the summer of 2025. The project team includes architect Dynamik Design and contractor CF Evans Construction.
About Flournoy Development Group
Founded in 1967, Flournoy is a residential real estate firm headquartered in Columbus, Georgia, focused on the development and management of high quality multifamily and seniors housing communities in strategic locations throughout the Southeast, Mid-Atlantic, and Southwest. Consisting of Flournoy Development Group (FDG) and Flournoy Properties Group (FPG), the firm has developed and managed over 40,000 residential units throughout the United States. Flournoy is a wholly owned subsidiary of Kajima USA. To learn more about Flournoy, visit www.flournoycompanies.com.
