Development

Parr Investments’ vision is to continue to build and create quality apartment homes to meet the demands of the consumer.

Through Parr Construction, Inc., a sister company of Parr Investments, we have recently secured coveted residential locations to serve Kernersville’s multi-family needs. These locations will consist of over 648 apartment homes.

The Reserve at Smith Crossing is our first of two residential communities that we have recently finished construction. This community consist of 376 apartment homes kicking off our 648 planned apartments for the Kernersville market.

Parr Construction, Inc. headed by Chris Parr will continue to explore opportunities in which to grow and provide luxury apartment communities.

The Grand at Union Cross

The Grand at Union Cross, our second community in the Kernersville area will begin construction in 2021. Located directly off I-40 at the Union Cross exit, this incredible location will offer a short 10-minute commute to the quaint downtown area of Kernersville while also providing the convenience of a 15-minute drive to Winston Salem, High Point and Greensboro. Situated directly behind the new Cracker Barrel, the community will provide an off the beaten path experience while still being convenient for shopping and dining.

The Grand at Union Cross will open in 2022 and will have 272 apartment homes. These spacious homes will provide the community with 96 1-bedrooms, 156 2-bedrooms and 24 3-bedrooms. This upscale new community will provide a resort style pool, fitness center, movie theater, community wide WIFI, Resident Activity Center that will be available to use for you private gatherings located behind the pool
and grilling area.

The Grand at Union Cross will offer everything you have been looking for in a new home!

The Lake at Belmont

Parr Investments Inc. is proud to announce our second community in the Village of Clemmons, The Lake at Belmont. Construction will begin in late 2021, with a grand opening in 2023. Belmont will be our 12th location in the Forsyth County area. Cushioned directly between both 421 and I-40 and with a less than 2-mile drive to the restaurant and retail corridor of the Village of Clemmons, The Lake at Belmont will offer a prime location for not only convenience but also top tier schools in the Triad such as Morgan Elementary and West Forsyth High School.

The 37.2-acre site is formerly known as Belmont Estate, a retired horse farm. The 4-acre lake fed by a natural spring will offer an excellent opportunity to fish or just relax and take in the lush surroundings and abundance of wildlife.

The Lake at Belmont will have 360 apartment homes. There will be 140 one-bedroom units, 192 two-bedroom units and 28 three-bedroom units.

Parr Construction, Inc. headed by Chris Parr will continue to explore opportunities in which to grow and provide luxury apartment communities.

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