Highland Crescent

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Highland Crescent is the name of both a high-end housing development in the Highland Park neighborhood and the name of the road the development is on. The site was the original location of John Carroll Catholic High School from the 1940s to the 1990s.

Highland Crescent is a cul-de-sac off of Milner Crescent. It runs east-west, parallel to Highland Avenue between the Elton B. Stephens Expressway and Milner, but at a higher elevation than Highland Avenue, overlooking Caldwell Park.

The Highland Crescent residential subdivision is being developed by Birmingham's Jack Fiorella through his company Equity Resources. As planned, the neighborhood consists of 20 home sites. The original houses were designed by Dungan Nequette Architects in four styles resembling "old world European houses":

  • The Milner (3 bedrooms, 2.5 baths, 3,186 sq. ft)
  • The Arlington (3 bedrooms, 3.5 baths, 3,810 sq. ft)
  • The Caldwell (4 bedrooms, 4.5 baths, 4,011 sq. ft)
  • The Rushton (3 bedrooms, 3.5 baths, 3,899 sq. ft)

Prices ranged originally from $980,000 to $1.3 million. After construction began, Equity Resources and Dungan Nequette developed a fifth style to reflect requests made by potential homebuyers. The homes feature many lavish features, including custom-designed home security systems, LCD television mirrors in the master baths, wiring for surround sound, granite countertops, hardwood floors, central vacuum systems, double ovens, built-in refrigerators, under-the-counter wine coolers, and two-car attached garages.

Houses were built and sold, at an average price of $850,000 on seven of the 20 lots before the Great Recession of 2008. The other 13 lots remained vacant until February 2013 when Fiorella and Slate Barganier Building Inc. resumed construction on new houses. The second generation Highland Crescent models were generally smaller, some without basements, and marketed to empty-nesters and young couples. The first new house, a 3,450 square foot model, was priced at $529,000.

References

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