NOVEL Scott’s Addition Wins the CoStar Impact Award for Multifamily Development of the Year for Richmond
RICHMOND, VIRGINIA: Thalhimer Realty Partners (TRP) and Thalhimer Multifamily (TMF) are excited to announce that NOVEL Scott’s Addition has won CoStar’s Impact Award for Multifamily Development of the Year for Richmond. NOVEL is a 275-unit socially sophisticated community that infuses Richmond’s soul, grit, and charm, located along Arthur Ashe Blvd. across from The Diamond, and soon to be Diamond District!
NOVEL was developed by Crescent Communities, which purchased the property from Thalhimer Realty Partners in 2022, and TRP continues to be a development partner. Thalhimer Multifamily manages this premier community.
CoStar’s Impact Awards highlight the commercial real estate transactions and projects that have transformed their markets over the past year. The winners are chosen by independent panels of industry professionals who work in the markets they judge.
