Crescent Communities Moves Forward with NOVEL O4W Multifamily Community in Atlanta


Crescent Communities, a development company with a regional office in Atlanta, is breaking ground on its latest multifamily project, NOVEL O4W by Crescent Communities. The project is expected to be completed in mid-2019.

Located in the thriving Old Fourth Ward neighborhood of Atlanta at 525 North Avenue, NOVEL O4W will include 233 apartment units and 10,500 square feet of creative office space. The development is thoughtfully crafted to complement the neighborhood, with attractive amenities including a secure, air-conditioned bike storage room, a coffee bar with drop-in workspaces, indoor-outdoor yoga terrace, a rideshare lounge and artwork designed by local artists.

NOVEL O4W is strategically located near the Beltline and within walking distance to many community amenities, including the Beltline’s Eastside Trail, Ponce City Market and Historic Fourth Ward Park.

“Old Fourth Ward is a dynamic neighborhood and one of the most sought-after locations in Atlanta,” said Kyle Brock, Managing Director with Crescent Communities. “We are excited to create a community that connects with the neighborhood, with inspiring amenities and programming for both residents and neighbors to enjoy.”
Crescent Communities is developing the project in partnership with State Farm and Transwestern Investment Group. Architect Dwell Design Studio designed the project. The project team includes civil engineering firm Kimley-Horn, landscape architect Dix.Hite + Partners, interior design by Vignette, and Summit Contracting Group Inc. is serving as the general contractor.

About Crescent Communities

Crescent Communities is a nationally recognized, market-leading real estate investor, developer and operator of multifamily, commercial and mixed use communities. Crescent creates high-quality, differentiated communities in desirable locations in many of the fastest growing markets in the Southeast and Southwest. Since the company was founded in 1963, Crescent’s development portfolio has included more than 60 single family master-planned communities,  43 multifamily communities and more than 21 million square feet of commercial space. Its multifamily communities are branded NOVEL by Crescent Communities.