Meet the developers

Crescent Communities, LLC, is a leading real estate investment and operating firm driven to create long-term value by developing thoughtful, sustainable communities that improve people’s lives. Founded in 1963, Crescent’s original mandate as a land management company continues to inform its commitment to the wise stewardship of natural resources. The company finances, plans and develops properties in the Sunbelt and Mid-Atlantic markets that represent more than 50% of the U.S. population growth over the next decade. Its multi-product platform includes residential, multi-family, mixed-used, commercial and land assets, valued in total at $1.2 billion. Crescent’s robust capital deployment, seasoned leadership team, and transformative model of sustainability enable the company to maximize opportunity in a recovering real estate market.


Pearl Street Partners, LLC, is a diverse real estate development and services company based in Brentwood, Tennessee.  Established in 2005, its mission is to create long-term value for its partners, clients and customers and execute best-of-class caliber communities. Pearl Street Partners focuses its community and multifamily development efforts on residential or mixed use projects with a significant commitment to architecture, land planning, landscape architecture and integrated amenities.

Its founding principal, Khris Pascarella, has over 25 years of extensive involvement in planning, entitling and developing large scale master planned communities and multifamily rental projects throughout the southeastern United States. Notable examples include the town of Celebration in Orlando Florida, a Walt Disney Company creation and a 10,000 acre master planned community located in Fort Lauderdale, Florida developed by Arvida/JMB Partners named Weston. Today Weston is an incorporated city of over 70,000 people.

Pearl Street is creating Lockwood Glen in collaboration with Crescent Communities.