Parr Investments Announces 272-Unit Kernersville Project

Chris Parr recently revealed plans for a 272-unit project off of Union Cross Road in Kernersville:

In a move to capitalize on explosive growth taking place in one of the fastest-growing areas of Forsyth County, Greensboro developer Chris Parr plans to develop a 272-unit apartment project at the intersection of Union Cross Road and I-40 near Kernersville.

Once built out, total project costs for The Grand at Union Cross will amount to $17.6 million, including land and construction.

Construction on the 285,000-square-foot apartment project is not expected to get under way until 2015, but plans by Parr illustrate a growing enthusiasm among local developers and businesses alike for expansions and capital investments in and around Kernersville, a town located between Greensboro and Winston-Salem that has grown exponentially during the past year.