Crescent Communities Scores Construction Loan for NOVEL-branded Community

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Crescent Communities Scores Construction Loan for NOVEL-branded Community

Growthspotter – North Carolina-based Crescent Communities recently received nearly $50 million in construction financing for NOVEL Parkway in the Metro Orlando submarket. The 15-acre, mixed-use community will feature 325 multifamily units, 13,900 square feet of retail, and 29,500 square feet of commercial/office space. LRK is providing architectural services for the project. The multifamily portion of NOVEL Parkway should be complete by late 2022.

Architects | Designers | Planners
Memphis
50 South B.B. King Blvd.
Suite 600
Memphis, TN 38103
901.521.1440
Baton Rouge
1680 Lobdell Avenue
Suite E
Baton Rouge, LA 70806
225.928.4905
Celebration
AR91636
671 Front St., Suite 220
Celebration, FL 34747
407.566.2575
Dallas
150 Turtle Creek Boulevard
Suite 104D
Dallas, TX 75207
214.389.3816
Little Rock
319 President Clinton Ave.
Suite 201
Little Rock, AR 72201
501.246.3950
New Orleans
643 Magazine Street
Suite 102
New Orleans, LA 70130
504.558.1885
Princeton
217 Nassau Street
Princeton, NJ 08542
609.683.3600
Philadelphia
Public Ledger Building
Suite 756
150 S. Independence Mall W.
Philadelphia, PA 19106
267.804.7040