CRESCENT COMMUNITIES ANNOUNCES CONSTRUCTION OF MULTIFAMILY COMMUNITY IN BELLEVUE NEIGHBORHOOD

  • 01/21/2021

Nashville, TN (January 2021)Crescent Communities is pleased to announce the construction of a new multifamily community in Nashville’s Bellevue neighborhood in partnership with Pearl Street Partners of Brentwood. NOVEL Harpeth Heights by Crescent Communities will include 322 residences and is located just 15 minutes from Nashville metro area.

NOVEL Harpeth Heights will set a new standard for luxury in Bellevue and will feature four buildings with elevators and conditioned corridors. In addition, the community will feature a variety of studios, one-, two-, and three-bedroom apartment homes. Crescent Communities and development partner Pearl Street Partners purchased the property in January 2021. The community is scheduled to break ground immediately, with first residences available in late 2022.

“NOVEL Harpeth Heights marks our third community on the west side of Nashville in five years,” said Khris Pascarella, Principal of Pearl Street Partners. “We continue to believe it is one of the most attractive places to live in Middle Tennessee due to its convenient access to downtown and many employment centers in the area, but what’s also very attractive are all of the natural amenities that this side of town offers. We believe the combination of these amenities and our unparalleled passion for creating resort-style living, with all the comforts of home, make our customers’ experience the best it can be.”

The vision for the community’s design centers around the idea of “Tennessee Heritage,” and was inspired by the history and rural architecture found in and around the Middle Tennessee area. The main clubhouse will resemble a country farmhouse with outdoor spaces and lap pools that lend to entertainment and leisure for NOVEL Harpeth Heights’ residents. The community will also feature a state-of-the-art fitness and movement studio, game room patio with fire pit, dog spa, gear lounge, library, business center with micro-offices, demonstration kitchen with bar and dining lounge, and a dog park.

Design partners include HEDK Architects, 906 Studio Architects, SJL Design Group, 505 Design, Edge and Barge Cauthen and Associates.

“We look forward to beginning our work on NOVEL Harpeth Heights in partnership with Pearl Street Partners,” said Ben Collins, Senior Managing Director West Region for Crescent Communities. “We are excited to be able to repurpose this former big box retail site with residential development that honors the natural character of Middle Tennessee. NOVEL Harpeth Heights will raise the bar for residential quality and resident experience in Bellevue, continuing to establish this as one of the most premier suburban submarkets in Nashville.”

For the last two decades, Crescent Communities has been actively investing in the Nashville mixed-use, office, and multifamily market and is currently the largest multifamily developer in Nashville with over 2,236 units developed and a total investment of $422.5 million. This will be the seventh community where Crescent Communities and Pearl Street Partners have collaborated. They have successfully completed multifamily and mixed-use communities throughout middle Tennessee, including NOVEL Lockwood Glen, NOVEL Music Row, and NOVEL Bellevue Place. NOVEL West Nashville is now leasing, and NOVEL Edgehill is currently under construction.

Additionally, Crescent Communities has previously announced plans for Bigby, a mixed use development that will include up to 350,000 square feet of Class A office and retail space and 330 planned multifamily units in the heart of the Cool Springs submarket. Crescent Communities has a longstanding history of development in Cool Springs, with One Corporate Centre being the first community developed there by Crescent Communities in 1997.

A rendering is available here. Imagery and logos of NOVEL Harpeth Heights are available upon request.

About Crescent Communities
Crescent Communities is a nationally recognized, market-leading real estate investor, developer and operator of mixed-use communities. We create high-quality, differentiated multifamily and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 59 multifamily communities, 21 million square feet of commercial space and 60 single family master-planned communities. Headquartered in Charlotte, Crescent Communities has regional offices in Washington, DC, Atlanta, Orlando, Nashville, Dallas, Denver, Phoenix and Salt Lake City. Our multifamily communities are branded NOVEL by Crescent Communities.