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OLD ST. ANDREWS AT PIPER GLEN SELLS NEARLY HALF OF AVAILABLE LOTS

 OLD ST. ANDREWS AT PIPER GLEN SELLS NEARLY HALF OF AVAILABLE LOTS
 CHARLOTTE, N.C., Feb. 19 /PRNewswire/ -- Old St. Andrews at Piper Glen, a Harrington/Dowd development in the Piper Glen community, has sold 15 of its 34 available lots, said Gene Harrington of Harrington/Dowd Realty.
 "Many of the purchases were impulsive, where the buyer saw the lot and bought it within a week," Harrington said. "We're extremely pleased with the initial response."
 Golf course lots continue to be offered at special introductory prices starting at $90,000, said Harrington, partner with Ken Dowd in Harrington/Dowd Realty.
 Old St. Andrews at Piper Glen consists of wooded lots surrounded by the 4th, 5th, 6th and 7th holes of the Piper Glen Tournament Players club golf course. The streetscape in the development includes sidewalks and street lamps, as well as extensive landscaping at the entrance, Harrington said.
 The course, centerpiece of the Piper Glen community, was designed by Arnold Palmer and is home to the PaineWebber Invitational, a tournament on the PGA Senior Tour.
 A number of other custom home builders are expected to participate in the development in addition to Harrington & Associates and The Dowd Company, with finished home prices starting in the upper $300,000s. Each home design must be submitted to the Architectural Review Board for approval, Harrington said.
 Harrington/Dowd Realty Company was formed to serve the new home sales needs of The Dowd Company and Harrington and Associates, the residential building companies headed by Dowd and Harrington. Since then Harrington/Dowd has expanded into existing home listings as well as new home sales for other builders. "The Business Journal" currently lists Harrington/Dowd as one of the top 25 residential real estate companies in the Charlotte-Mecklenburg area.
 -0- 2/19/92
 /CONTACT: Gene Harrington, Harrington-Dowd Realty, 704-364-3541/ CO: Harrington/Dowd Realty ST: North Carolina IN: SU: RLE


JZ -- CH003 -- 0575 02/19/92 15:45 EST
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Publication:PR Newswire
Date:Feb 19, 1992
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