HENDERSONVILLE, N.C. – July 29, 2022 – (

Premier Sotheby’s International Realty’s new development division announced today that it has been selected as the exclusive brokerage for Fairmont Heritage Place The Cedars in Hendersonville, North Carolina. The project is developed by the Shipman family, longtime owners of The Cedars. Gregg Covin, a family member and the experienced developer of many Florida projects, including Miami’s One Thousand Museum, is leading the venture. The community will offer 130 elegantly appointed residences. 

The first luxury private branded residential offering in the Blue Ridge Mountain region of North Carolina, Fairmont Heritage Place The Cedars builds upon The Cedars’ legacy as a significant landmark while ushering in a new era of contemporary design, outstanding amenities and engaging service infused with local culture and elevated hospitality. It will transform the mountain city that has become the preferred second-home destination for generations of South Floridians and Northeasterners, due to its central east coast setting and outdoor pursuits. 

The 3.55-acre development includes a magnificent restoration of the original Antebellum grand hotel, listed on the National Register of Historic Places, as the focal point. Two new six-story, mid-rise buildings will be comprised of studios, one-, two- and three-bedroom units and stunning penthouses, all with sprawling terraces and impressive mountain views. Prices start from the $400,000s to $3.8 million. The community will also join an exclusive collection of Fairmont-branded residences worldwide offering private ownership and the option to participate in a rental program. Residents will enjoy all the benefits of owning a home with singular access to luxurious amenities and world-class services at Fairmont’s legendary hotels and resorts.

Situated two blocks from the historic Main Street, the residences will offer an exceptional cuisine and beverage program appealing to owners, guests and locals with a signature restaurant, a lobby bar and a specialty café. Additional features include flexible meeting and events space, an expansive wellness center, spa, multiple swimming pools and fitness center, a cooking school, a multifunctional family room and retail space. All the area’s popular destinations are located within a 30-minute radius of Hendersonville, including downtown Asheville, the Biltmore, Asheville Regional Airport, the Blue Ridge Parkway and both Pisgah National Forest and DuPont State Recreational Forest.

Owners are also invited to take part in the Accor Ownership Benefits Program’s Diamond status in ALL – Accor Live Limitless which provides access to a VIP reservation desk and special residence owner rates at more than 5,000 Accor hotels and resorts worldwide.

For more information, contact senior sales associate Amy Shipman to arrange an in-person or virtual presentation, or visit

Established in 1907, Fairmont Hotels & Resorts has built beacons of hospitality, magnificent architecture and service in extraordinary destinations, playing a significant role in shaping the social fabric of each location. Renowned for creating unforgettable grand hotels and residences, Fairmont was a natural match to continue the next era in The Cedars’ longstanding history. With more than 80 locations around the globe, and several under development, the Fairmont brand boasts some of the most well-known addresses in the world, such as The Plaza in New York City, The Savoy in London, Fairmont San Francisco, Fairmont Banff Springs in Canada, Fairmont Heritage Place Mayakoba in Mexico and the recently reimagined Fairmont Century Plaza in Los Angeles.


“We are extremely excited to be given the opportunity to represent this prestigious community. From the myriad exceptional features to its sophisticated amenities, Fairmont Heritage Place The Cedars will offer discerning buyers a private luxury experience in an idyllic North Carolina mountain town.”

  • John Gleeson, senior vice president of development services, Premier Sotheby’s International Realty

“My family grew up at The Cedars and there is no better time to welcome the next generation to discover and feel at home in Hendersonville. Fairmont brings decades of experience restoring historic properties to their former grandeur and will deliver a level of sophistication the market has been waiting for while complementing the region’s inviting culture. Fairmont Heritage Place The Cedars responds to increasing desires for second-home ownership in western North Carolina.”

  • Gregg Covin, developer, Fairmont Heritage Place The Cedars

“We are pleased to announce the addition of Fairmont Heritage Place The Cedars, the first Fairmont-branded residences in North Carolina. For over a century, Fairmont has been intrinsically tied to the communities the brand calls home and committed to the stewardship of landmark hotels, restoring and preserving historic buildings with great care. A rare opportunity to own a piece of one of the Blue Ridge Mountain region’s most celebrated national buildings, The Cedars will be the most luxurious branded residential offering in the state. We are proud to add The Cedars’ iconic landmark to our rapidly growing luxury portfolio and continue its legacy for years to come.”

  • Heather McCrory, chief executive officer, Accor North and Central America

About Premier Sotheby’s International Realty

Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,400 sales professionals in 40 locations throughout Florida and North Carolina. Premier Sotheby’s International Realty also benefits from an association with the storied Sotheby’s auction house, established in 1744. The brokerage was founded by The Lutgert Companies, a prominent member of Southwest Florida’s business community since 1964, and is a proud Peerage Realty Partner. For more information, visit

About Fairmont 

Fairmont Hotels & Resorts is where the intimate equally coexists with the infinite – an unrivaled portfolio of more than 80 extraordinary hotels where grand moments of life, heartfelt pleasures and personal milestones are celebrated and remembered long after any visit. Since 1907, Fairmont has created magnificent, meaningful and unforgettable hotels, rich with character and deeply connected to the history, culture and community of its destinations – places such as The Plaza in New York City, The Savoy in London, Fairmont San Francisco, Fairmont Banff Springs in Canada, Fairmont Peace Hotel in Shanghai and Fairmont The Palm in Dubai. Famous for its engaging service, awe-inspiring public spaces, locally inspired cuisine and iconic bars and lounges, Fairmont also takes great pride in its pioneering approach to hospitality and leadership in sustainability and responsible tourism practices. Fairmont is part of Accor, a world-leading hospitality group of over 5,300 properties throughout more than 110 countries and a participating brand in ALL – Accor Live Limitless – a lifestyle loyalty program providing access to a wide variety of rewards, services and experiences.

About Gregg Covin

For over 30 years, Gregg Covin has set the standard for cutting-edge development in South Florida with multiple properties that have redefined and reimagined skylines and neighborhoods. Among his most notable developments is the iconic One Thousand Museum, the first tower in the Western Hemisphere by visionary global architect Dame Zaha Hadid. The residential masterpiece completed Covin’s vision for living in downtown Miami, which started nearly a decade earlier with Ten Museum Park, a 50-story crystalline mixed-use tower designed by Chad Oppenheim that reached sell-out of its 200 condominiums in just nine days. Other recognizable projects by Covin include the AIA award-winning Neville Condominium in South Beach and Angler’s Hotel in Miami Beach. His properties have won countless accolades from the Chicago Athenaeum Museum of Architecture and Design, the Builders Association of South Florida and the Dade Heritage Trust.

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Source: Financial Content