Perry Builders to Build Homes for Olde Towne Development

Raleigh, NC, April 05, 2007 --(PR.com)-- Scott McCrary, president of Carolina Communities Development Group (CCDG), has announced Perry Builders will construct new homes for Olde Towne Development. Perry Builders will build multi-family homes for the new development, Olde Towne. Olde Towne, an exclusive urban development located at the intersection of Rock Quarry and New Hope roads, will consist of 2,400 homesites, an 18-hole semi-private golf course designed by Rick Robbins and 360,000 square feet of commercial/retail space. Approximately 240 of its 600 acres will be preserved to provide hiking trails, wildlife habitats and public recreation.

“Olde Towne, developed by the Carolina Communities Development Group, is looking forward to our involvement with Perry Builders,” said McCrary. “Perry Builders strives to achieve 100 percent customer satisfaction and we are thrilled at the chance to have these high quality homes in this development.”

“Perry Builders is looking forward to our involvement with Olde Towne,” said Ryan Perry, CEO of Perry Builders. “Our builders understand the value of satisfying customers, and Olde Towne will give us the opportunity to exceed expectations and showcase our signature homes in a prime new development.”

About Perry Builders, LLC:
Perry Builders is a regional homebuilder based out of Raleigh, N.C. The major concentration for Perry Builders is building communities that exceed expectations and achieve 100 percent customer satisfaction. Perry Builders’ vision of building everything from ranch homes to two-story and multi-family homes has caused Perry Builders to grow from a one-community Triangle-area builder into a regional developer with more than 20 communities. Perry Builders’ award-winning plans all over the North Carolina region, with convenient locations near shopping, schools, medical facilities, and businesses are what keeps Perry Builders’ homes ahead of the competition. For more information, please call 919-876-8800 or visit the Perry Builders’ website at http://www.perrybuilders.com.

About Carolina Communities Development Group (CCDG):
Carolina Communities Development Group (CCDG) is a fully integrated real estate development firm specializing in the acquisition and development of both commercial and residential properties. Their mission is to identify, acquire and develop properties that will provide end-users quality business and residential environments while providing investors high returns with minimal risk. For more information, visit their Web site at http://www.ccdevgrp.com/.

About Olde Towne:
Olde Towne is a 600-acre exclusive urban development, consisting of 2,400 residential home sites, 360,000 square feet of commercial/retail space and an 18-hole golf course. Olde Towne plans to preserve 240 acres in order to minimize the development’s environmental footprint. This area will provide hiking trails, wildlife habitats and public recreation. For more information on Olde Towne, call Petra Bottomley at (919) 789-5244 or email her at OldeTowne@hpw.com, you can also visit Olde Towne’s Web site at
http://www.oldetowneraleigh.com.

Patty Briguglio
MMI Associates, Inc.
919-233-6600
patty@mmimarketing.com

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