Crescent Communities with its partner, an affiliate of Starwood Capital Group, has plans to begin construction of a mixed-use multifamily community in the urban Edgehill neighborhood.
NOVEL Edgehill by Crescent Communities is located at 801 12th Ave. South, and within an opportunity zone, as defined by the 2017 Tax Cuts and Jobs Act. The four- and five-story apartment home community will offer 270 studio, one- and two-bedroom apartment homes with urban finishes, along with 6,000 square feet of retail space, including a café from strategic partner Land of a Thousand Hill Coffee, and dedicated co-working space. NOVEL Edgehill will feature a host of unique community amenities, such as a rooftop sky lounge and pool deck offering commanding views of the downtown Nashville skyline. The community is pursuing National Green Building Standard (NGBS) certification.
Crescent Communities and development partner Pearl Street Partners of Brentwood purchased the 2.9-acre property in