Crescent Bend Development
11–50 employees 2 principals
Last updated
About Crescent Bend Development
Crescent Bend Development is a real estate operator. Crescent Bend Development operates in Chattanooga, Tennessee-Georgia, Clarksville, Tennessee-Kentucky and Kingsport-Bristol, Tennessee-Virginia. Its investment focus is on Multifamily - Ground-up and Standalone Retail.
Crescent Bend Development is a Knoxville, Tennessee-based real estate development firm founded by sole owner Paul J. Murphy, III. Operating with over 25 years of industry experience, the private enterprise functions as a boutique team of real estate and development professionals. The company focuses its portfolio on Class A multi-family residential housing, specializing in luxury apartment communities. Its operational model handles site selection, municipal entitlement procurement, design-build coordination, bidding management, and leasing execution. Notable properties include Crescent Ebenezer with 324 units and The Preserve at Spring Creek with 216 units. The organization concentrates its geographical footprint across Knoxville and regional markets in East Tennessee. Across its operating history, Crescent Bend Development has successfully constructed and delivered over 4,400 multi-family units representing a total construction value exceeding $650 million.
Principals at Crescent Bend Development
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2 principals on file
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Recent activity at Crescent Bend Development
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Crescent Bend Development's project portfolio
4 projects on file · Multifamily (3), Mixed-Use (1)
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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets Crescent Bend Development operates in
- Chattanooga, Tennessee-Georgia
- Clarksville, Tennessee-Kentucky
- Kingsport-Bristol, Tennessee-Virginia
- Knoxville, Tennessee
- Nashville, Tennessee
Investment themes at Crescent Bend Development
Capabilities
- Construction Management
- Custom Homes
- Economic Development
- Environmental Remediation
- Public-private partnerships
- Site Development
- Transit-oriented development
- Urban infill
Operators similar to Crescent Bend Development
- Tessera DevelopmentEmerging tierKnoxville, TennesseeNashville, Tennessee+1 more marketStandalone Retail
- Five Star GroupEmerging tierKnoxville, TennesseeChattanooga, Tennessee-GeorgiaStandalone Retail
- Blue Metric GroupEmerging tierKnoxville, TennesseeNashville, Tennessee+1 more market
- APG CapitalEmerging tierChattanooga, Tennessee-GeorgiaMultifamily - Ground-upStandalone Retail
- Michael Lightman RealtyEmerging tierNashville, TennesseeMultifamily - Ground-upStandalone Retail
- FTC DevelopmentEmerging tierChattanooga, Tennessee-GeorgiaMultifamily - Ground-upStandalone Retail
- MiKen DevelopmentEmerging tierNashville, TennesseeChattanooga, Tennessee-GeorgiaMultifamily - Ground-up
- Southeast Investment Capital GroupEmerging tierNashville, TennesseeClarksville, Tennessee-KentuckyMultifamily - Ground-up
- CityPlatEmerging tierMultifamily - Ground-upStandalone Retail
- Beljan DevelopmentEmerging tierStandalone RetailMultifamily - Ground-up
Frequently asked questions about Crescent Bend Development
- What does Crescent Bend Development do?
- Crescent Bend Development is a Knoxville, Tennessee-based real estate development firm founded by sole owner Paul J.
- What markets does Crescent Bend Development operate in?
- Crescent Bend Development is active in Chattanooga, Tennessee-Georgia, Clarksville, Tennessee-Kentucky, Kingsport-Bristol, Tennessee-Virginia, Knoxville, Tennessee, and Nashville, Tennessee.
- How many employees does Crescent Bend Development have?
- Crescent Bend Development has 11–50 employees.