Townes at Park Place brings 88 modern build-to-rent townhomes in Wilmington, N.C.

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Center Park Group, a build-to-rent (BTR) general contractor, has completed road, water and sewer installations at Townes at Park Place, its newest residential community in Wilmington, N.C. and is scheduled to start vertical construction. Developed in partnership with Lafayette and managed by Brandywine Homes USA, the community will feature 88 modern townhomes tailored for today’s renters seeking comfort and a premium living experience.

Location

Located on 9.14 acres at 5308 Carolina Beach Road, Wilmington, N.C., 28412, Townes at Park Place offers an ideal setting for modern living in Wilmington. Just 10 miles from Wilmington’s Riverwalk, residents will enjoy convenient access to dining, retail and recreational amenities. The community is also only five miles from Novant Health, a major healthcare hub and 15 miles from Carolina Beach, making it the ideal location for families, professionals and outdoor enthusiasts. Townes at Park Place is also zoned for a highly rated elementary school.

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Situated just 10 miles from Wilmington’s Riverwalk, the community will offer residents convenient access to dining, retail and recreational amenities. The community is only five miles from Novant Health, a major healthcare hub and 15 miles from Carolina Beach, making it the ideal location for families, professionals and outdoor enthusiasts. Townes at Park Place is also zoned for a highly rated elementary school.
The project includes 88 spacious townhomes featuring two floorplans with up to 1,737 square feet of living spaces. Homes include either a one- or two-car garage, offering ample parking and storage for residents. The community emphasizes low-maintenance living while providing the comforts of a traditional home.

“Going vertical at Townes at Park Place will be a major milestone, and our partnership with Lafayette is key to bringing this vision to fruition,” said Jason Esposito, CEO of Center Park Group. “Wilmington’s strong economy, vibrant lifestyle and demand for high-quality rental housing make this a perfect fit for our build-to-rent expansion strategy. We look forward to delivering exceptional homes that enhance the local community while providing long-term value for our investors.”

Delivery date

The first homes at Townes at Park Place are expected to deliver in mid-2025. As Center Park Group continues its expansion into key Southeastern markets, this project reflects the company’s commitment to quality construction, thoughtful design and creating communities that fit the evolving needs of today’s renters.

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