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# Luxury North Carolina Residences
Plans for the Fairmont Heritage Place Have Been Released

By Elena Rahman | Published 2022-06-28 | Art & Design
Source: Trend Hunter, https://www.trendhunter.com/trends/fairmont-heritage-place
References: [fairmontresidencesthecedars](https://www.fairmontresidencesthecedars.com/)

The plans for [Fairmont Heritage Place](https://www.trendhunter.com/trends/fairmont-hotels-resorts-introduces-holistic-healing) - The Cedars, Hendersonville have officially been unveiled. [Fairmont Hotels & Resorts](https://www.trendhunter.com/trends/luxury-experiences) will develop the first [luxury private branded residential](https://www.trendhunter.com/trends/post-hotel-residences) area in the Blue Ridge Mountain region of North Carolina. The new development will transform The Cedars Hotel into a 127-unit luxury residential community.

The hotel was originally built in 1914 over a 3.55-acre property. It will now consist of two new six-story, mid-rise buildings. The buildings will contain studios, 1, 2, and 3 bedroom units, and penthouses with sprawling terraces and views of the mountains. Residence owners in the new Fairmont-branded site will be invited to join the Accor Ownership Benefits Program, which invites them to join Diamond status for exclusive hotel and resort access worldwide.

Image Credit: Fairmont Hotels & Resorts

## Trend Insights (Trend Hunter)

- Score: 5.3/10
- Popularity: 81% | Activity: 67% | Freshness: 12%
- Audience gender: 50% men, 50% women
- Primary generations: Gen X
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Art & Design](https://www.trendhunter.com/artdesign) > [Architecture](https://www.trendhunter.com/architecture)

## Key Themes

### Key Themes Behind This Trend

- **Luxury Residential Communities:** Developing luxury private branded residential communities in unique locations can provide exclusivity to customers and attract high-end buyers.
- **Conversion of Historic Properties:** Transforming historic properties into luxury residential communities with modern amenities can create a unique selling proposition for buyers.
- **Branding Partnership Opportunities:** Partnering with luxury hotel brands can create new and unique opportunities for residential communities to offer exclusive access and benefits to their residents.

### Where This Applies

- **Real Estate Development:** Real estate developers can see opportunities in developing luxury residential communities in unique locations such as the Blue Ridge Mountains.
- **Hospitality:** Hospitality companies can expand their services and brand through partnerships with luxury residential communities.
- **Architecture and Design:** Architecture and design firms can work to convert historic properties into modern luxury residential communities with unique amenities.

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