Press Release: Capstone Building Corp. Announces Start of $40 Million  Luxury Cottage Development in Calabash, North Carolina

Press Release: Capstone Building Corp. Announces Start of $40 Million Luxury Cottage Development in Calabash, North Carolina

Birmingham, Ala. – Capstone Building Corp., a premier general contractor headquartered in Birmingham, Alabama, started construction on a $40 million single-family rental cottage development project located in Calabash, North Carolina, on behalf of developer EYC Companies.

Heartsease at Calabash is a 158-unit single-family cottage community. The development will consist of 158 craftsman-style rental cottages on one lot. Rental options will include single level floor plans, one- and two-bedroom duplex units and one-, two- and three-bedroom cottages. Units will range from 1,198-1,485 square feet. Once completed, residents will experience an unparalleled luxury rental experience with a low density of four units per acre on nearly 40 acres.

In addition to 158 units with excellent interior amenities, Heartsease at Calabash will also feature:

  • Leasing Center/Clubhouse
  • Pool
  • Pickleball Courts
  • Fire Pits
  • Activity Spaces
  • Exterior Home Maintenance
  • Picnic Area
  • Fitness Center

“Capstone Building Corp. has greatly enjoyed working with developer EYC Companies through the years, and the Heartsease at Calabash development is no different,” states Jay Chapman, President & Chief Executive Officer of Capstone Building Corp. “This luxury cottage development will provide the Calabash community with an accessible, upscale living community in a great location adjacent to dozens of attractions, services and retailers.”

Capstone Building Corp. also served as the general contractor for a similar development with EYC Companies, Heartsease at Shallotte, located in Shallotte, North Carolina. This recently completed development also features craftsman-style cottages and is located just 20 minutes away from the new Heartsease at Calabash development. During site design for both developments, the primary vision has been to unite these private cottages within a dynamic neighborhood experience including pond and park views, expansive green spaces, miles of contiguous walkways, and club-level pool, fitness and pickleball facilities.

Heartsease at Calabash is located near the North Carolina-South Carolina state line making it just a few miles from dozens of golf courses, the intracoastal waterway, four beaches and all the recreational activities available at Myrtle Beach.

For more information about Capstone Building Corp., please contact Krista Conlin at


Capstone Building Corp, headquartered in Birmingham, Alabama, is a trailblazing veteran leader in the multi-family housing development industry. Since 1997, Capstone Building Corp. has completed a diverse portfolio of 126 projects in 22 states – seeing them through design development, pre-construction, construction, and post-construction. The company’s projects, to date, are valued at more than $2 billion. Built on unconditional standards of performance, service, and integrity, Capstone Building Corp.’s focus on their clients’ needs and a culture of exceeding expectations has produced an overwhelming success rate for return business regarding their extensive line of projects ranging in high-end, state-of-the-art designs to mixed-use revitalization developments and RAD rehabilitation jobs.


For more information on Capstone Building Corp., visit