Crescent Communities

NOVEL NoDa, now known as 30Six NoDa, has received the 2024 Charlotte Urban Design Gold 'Urbie' for Great Development Near Transit! ?? The Crescent Communities team and our partners are proud of this achievement, which reflects our commitment to timeless design and community betterment through seamless light rail access and distinctive placemaking in one of Charlotte's most beloved neighborhoods. Thank you to the City of Charlotte Urban Design Center for this honor!

Construction has officially begun at NOVEL River District, marking the first vertical construction for The River District, Crescent Communities' 1,400-acre master-planned community in west Charlotte! Acting as a cornerstone of Westrow, The River District’s future town center, NOVEL River District is designed to make it easy for residents to fully embrace the area’s natural beauty and an active lifestyle. Here’s what residents can expect: ?? A nature-infused urban design and unique outdoor amenities, including convenient options for renting and storing outdoor gear and nearby access to a riverfront park ?? Regular programming for activities like cycling, hiking, kayaking, and organized sports ?? Intentional development for environmental performance and resource efficiency mirroring The River District's commitment to sustainable living Residents are expected to move in early 2026. Stay tuned as we continue to develop one of Charlotte’s most exciting new neighborhoods! ?? Find out more from Axios Charlotte: https://lnkd.in/eUs56prh

Our team recently said farewell to Bryan Blythe who was the managing director for AXIAL by Crescent Communities. We thank him for his leadership and dedication and wish him the best in his new endeavors. With this change, we would like to announce that Chase Kerley will expand his current role as managing director to now cover the Mid-Atlantic and the Carolinas for AXIAL by Crescent Communities while continuing to grow THE YIELD by Crescent Communities within our footprint. During his 8 years with Crescent Communities, Chase has led a proven track record of strategic growth for Commercial and Multifamily developments alike. Most recently, he has been integral in his role as Managing Director for Life Science and spearheading the growth of THE YIELD by Crescent Communities. His vision and methods have resulted in THE YIELD Holly Springs becoming the premier life science development in North Carolina. We are excited to continue to expand AXIAL into new markets and look forward to growing our team in the coming year.

NOVEL Mallard Creek, our latest multifamily community in Charlotte’s University area, is set to fully deliver this December with first units available now! This four-building, 298-unit community brings a mountain lodge aesthetic to University Research Park, offering a serene, nature-inspired setting for residents to enjoy a quiet lifestyle only moments away from one of Charlotte's largest employment hubs. “We’re bullish in the changing dynamics we feel we can take advantage of with the light rail coming in, which certainly spurred more economic development and more jobs coming into (the submarket). University often gets overlooked, though it’s easily the city’s second-largest employment center, next to Uptown,” Michael Tubridy, our Senior Managing Director of Multifamily Development, told the Charlotte Business Journal. As the expansion of Charlotte's light rail system drives further growth in the region, we are excited to develop communities that offer an elevated lifestyle to new residents and contribute to the vibrant and thriving University neighborhood. Read more in the Charlotte Business Journal: https://lnkd.in/eq93n2v6

We’re excited to announce that One Independence Center’s Monarch Market has been awarded Top Hospitality/Entertainment Development at the Charlotte Business Journal's 11th Annual Heavy Hitters Commercial Real Estate Awards! This recognition celebrates top developments in the Greater Charlotte region with special attention to contributions to the Charlotte business community, design, and economic impact. We are incredibly grateful for our colleagues and partners for their hard work bringing this destination to life and helping Monarch Market shine! ?? ?? Read more in the Charlotte Business Journal's Heavy Hitters Special Edition: https://lnkd.in/eZHTf4b2

Last week, our team officially received NAIOP’s 2024 Developer of the Year award! ???Since 1979, the Developer of the Year award has been presented to a development company that best exemplifies leadership and innovation in the commercial real estate industry. Our mission of creating sustainable, transformative communities has guided our success and led us to this tremendous achievement. "In an industry often driven by short-term gains, Crescent Communities stands apart by prioritizing long-term sustainability and community well-being,” said Commercial President Brendan Pierce. This award is an honor and we want to thank our incredible colleagues and partners. Your hard work and dedication has created exceptional and authentic communities that exemplify our mission to Build Community and Better People's lives. Read more from the Charlotte Business Journal: https://lnkd.in/e8Jgt69B

Last week, we celebrated the grand opening of NOVEL Val Vista in Phoenix, AZ! Inspired by the diverse cultural spirit found throughout Phoenix’s most eclectic and desirable neighborhoods, NOVEL Val Vista is designed to offer residents a distinctly local, high-energy living experience, with amenities including: ?? Community market featuring boutique bakery Too Sweet Cakes ?? Pool, spa and cabana area ?? Sky lounge with panoramic views ?? Hidden game room and speakeasy ?? Outdoor covered grilling and collaboration spaces ?? Laid-back lobby and coworking lounge ?? Shaded pet park and “scrub suite” Thank you to our partners MAA, Craine Architecture, ESG | Architecture & Design, Given and Associates, Inc., Kimley-Horn, Martino & Luth, Inc., McShane Construction Company and Norris Design for all of your work in bringing this community to life. We’re excited to continue our activity in the Phoenix market and look forward to continue building vibrant communities that echo the unique culture of this region.

Listen to our very own Brian Natwick talk about the strategy, culture and moments that have shaped Crescent Communities on the NAIOP podcast! ??

We are thrilled to announce the grand opening of NOVEL Scott's Addition — our first multifamily development in Richmond, VA! ?? Designed to reflect the charming, historical essence of the vibrant Scott’s Addition neighborhood, this community offers a peaceful retreat from its lively surroundings with unique amenities like: ?? Saltwater pool and cabana area ?? Record listening lounge ?? Top-floor sky lounge with panoramic views of the city ?? Hidden cocktail club, inspired by local speakeasies ?? Two courtyards with grilling stations, gaming areas, firepits, and seating ?? Remote coworking spaces ?? Spacious dog park and spa Thank you to our partners KTGY, Kimley-Horn, LandDesign, CID Design Group and Clancy & Theys Construction Company for all of your work in bringing this community to life. This marks another key milestone for Crescent Communities as we expand our presence in Richmond and beyond.

Crescent Communities colleagues recently had the privilege to learn about critical issues facing our education system and how to take action in our community. In August and September, our team supported local education through two impactful initiatives: ?? A powerful panel on “Education: Challenges and Opportunities in CMS and Beyond,” where we explored innovative solutions and collaborations to improve education in Charlotte. Attendees heard from key community leaders like:? ??? Darren Ash from The ROC Charlotte ??? Karen Calder from Classroom Central ??? Ashelyn James from the CMS Foundation ??? Alyssa Sharpe from Digi-Bridge ??? Kenyatta Wheeler, MSW from Communities In Schools of Charlotte Mecklenburg, Inc ?? Our annual school supply drive through Classroom Central. Thanks to our amazing team and partners, we collected over 3,600 essential items—everything from notebooks to markers—that will equip local students and teachers for success this school year. There’s nothing like the smell of new school supplies to inspire a bright start!