Ashton Woods Raleigh has named two key executives: Jay Gillilan as division president and Mike Reynolds as vice president of land acquisition. In addition, the builder is expanding its list of luxury communities across the Triangle area.
“Both Jay and Mike add tremendous leadership to our team and come to Ashton Woods as highly-regarded trailblazers in our industry,” says Ryan Lewis, corporate chief operating officer of Ashton Woods.
As division president, Gillilan will manage the overall strategy and operational leadership of Ashton Woods Raleigh. Preceding his position with Ashton Woods, Gillilan served as the division president for two large national builders, managing the New Mexico and Colorado division. Gillilan has worked in numerous roles in the residential building industry, including both as director of land acquisition and construction manager in the Texas market.
As vice president of land acquisition, Reynolds will identify and acquire land for residential development in the Raleigh market and manage governmental approvals for land development. Prior to his role with Ashton Woods, Reynolds served as the chief financial officer of Coldwell Banker Howard Perry and Walston, where he was a key member of the strategic planning team and managed financial analysis, financial statement preparation and contract administration. Reynolds has also held roles for a large national builder, including regional vice president of finance and division chief financial officer.
Ashton Woods’ newest communities include GlenPark in Cary. The neighborhood offers two home plans – the Waverly and the Carrington. With prices starting from the low $400,000s, each home plan offers three bedrooms, up to three and a half bathrooms and home designs starting at over 2,700 square feet. The community has already garnered tremendous interest with five of the anticipated 50 homes already sold prior to its grand opening. These classic, luxury villas sit in the heart of Cary between two shopping and dining areas, just minutes away from the town’s gorgeous, historic downtown.
Ridgefield Farms, also being built in Cary, offers six single-family home plans. Home designs are priced starting in the low $500,000s, offering a minimum of four bedrooms and two and a half bathrooms. The largest home plan is the Winslow, starting at $549,990, and offers up to 5,503 square feet, seven bathrooms and five and a half bathrooms. Ridgefield Farms has also experienced a quick-sales pace with 11 of the expected 71 homes already sold prior to its grand opening. Ridgefield Farms homes offer a variety of personalization options, including exposed wood beams, tile-framed fireplaces and unique first, second and third-floor features.
Another new community, the Hamptons at Umstead, will offer a variety of home designs priced from the low $600,000s. In addition, the Terraces at Ellis Crossing, located in Durham, will offer a selection of terrace style homes. Pricing and specific home details are still being determined, but sales are expected to begin late winter 2017.
