NOVEL LoSo Station and LTH Coffee Now Open

Charlotte, NC (August 26, 2021) – Crescent Communities is pleased to announce that its newest multifamily community, NOVEL LoSo Station, is now leasing with its first residents having moved in this week. The apartment community, located at 4015 Craft Street, features 344 apartment homes and an integrated LTH Coffee & Social gathering spot.

Conveniently located right next to the Scaleybark Station on the Lynx Blue Line, NOVEL LoSo Station offers studio, 1-, 2-, and 3-bedroom residences in a six-story brick building designed to complement the industrial architecture of the surrounding area. LoSo Station master development will include over 1 million square feet of corporate office space, a 150-key hotel, up to 45,000 square feet of retail, and 125 townhomes. The surrounding area has experienced a recent transformation from an aging industrial neighborhood to a top social and entertainment destination, easily accessed by light rail. Nearby attractions include the Brewery District, home to OMB, Victory, and Sugar Creek breweries, as well as entertainment and dining destinations, such as Queen Park Social and Sauceman’s Barbeque and Grill. Most recently, Gilde announced plans for The Embassy at Gilde Brewery and local restaurateur, Biride Yang announced plans for additional establishments to come just footsteps from the community.

“We are excited to officially open our doors at NOVEL LoSo Station as well as welcome LTH Coffee & Social as a third space for this community,” said Ashley Peterson, Development Director. “We are also proud to continue our partnership with Land of a Thousand Hills Coffee, bringing their first cafe to North Carolina at NOVEL LoSo Station, and building a sense of community and connection to our residents and the greater neighborhood.”

Alongside high-end unit finishes such as custom painted cabinetry, Samsung appliances, and smart apartment technology, NOVEL LoSo Station will feature two spacious courtyards with a saltwater pool, an abundance of interior and exterior amenity space, a true co-working area with individual offices, a skydeck club with views of the Charlotte skyline and grilling areas, a two-story fitness center, 24/7 package access, concierge-level service, and convenient and direct access to the light rail.

In addition to the residential component of NOVEL LoSo Station, the integrated LTH Coffee & Social will serve as a meeting spot for residents and visitors to come together, enjoy food and beverage offerings, and make connections. The 2,500-square-foot café is located at the front entrance of the building and seamlessly integrates with the community leasing spaces.

Designed to be the third place gathering spot of NOVEL LoSo Station, residents can stop in LTH Coffee & Social for a coffee, afternoon beer, versatile co-working spaces, and live music programming. Along with artisanal coffee crafted with beans sourced from the brand’s independent network of Rwandan coffee farmers, the cafe will feature more than 16 local beers and kombuchas on tap. Starting off the rotation will be a Lenny Boy Coffee Blond Ale that was brewed in partnership with NOVEL using Land of a Thousand Hills Coffee beans. The café will also offer a diverse selection of handcrafted pastries, breakfast croissants, and flatbreads on its all-day food menu.

"Land of a Thousand Hills Coffee was founded on the mission of cultivating flourishing communities, both amongst our partner farmers in Rwanda and surrounding our cafes here in the United States,” said Jonathan Golden, Founder of Land of a Thousand Hills Coffee. “LTH Coffee & Social at NOVEL LoSo Station is a place where friends, families, and co-workers can gather morning, noon, and night—from taking a quiet moment to start the day together over cups of specialty coffee to swapping stories over pints of beer fresh from the tap in the evening. We can’t wait to serve you at our first community in Charlotte."

Crescent Communities Construction served as the general contractor for NOVEL LoSo Station. Additional design and construction partners include Dwell Design Studio, Historical Concepts, LandDesign, CID and Dix.Hite+Partners.

NOVEL LoSo Station is the twelfth multifamily community Crescent Communities has established in Charlotte, NC, many with immediate transit access and walkable mixed-use and retail offerings. Recent projects include NOVEL Atherton, NOVEL Stonewall Station, NOVEL Montford Park, NOVEL NoDa and NOVEL Research Park.

More broadly, Crescent Communities continues to experience significant growth by investing and developing over $7.1 billion of multifamily and commercial developments and expanding across 14 markets and nine offices. The multifamily portfolio includes over 21,500 units and over 470,000 square feet of retail completed or under construction, representing a total investment of $4.7 billion. The commercial portfolio includes 21 million square feet of office, industrial, and retail completed or under construction, representing a total investment of $2.4 billion. With a focus on sustainable development practices, the company pursues LEED certification for commercial spaces and NGBS certification for multifamily residences.

Imagery of NOVEL LoSo Station and LTH Coffee & Social is available here. For more information, please visit https://www.novellosostation.com.

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 residential and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 63 multifamily communities, 21 million square feet of commercial space and 60 single family master-planned communities. Crescent Communities has offices in Charlotte, DC, Atlanta, Orlando, Nashville, Dallas, Denver, Phoenix and Salt Lake City. Our multifamily communities are branded NOVEL by Crescent Communities.

About Land of a Thousand Hills

Land of a Thousand Hills Coffee crafts beautiful coffee, creates purposeful work, and cultivates flourishing communities, all within our Collaborative Trade™ model. We source specialty-grade coffee beans directly from independent farmers in Rwanda, roast them in Atlanta, and then send them straight to your home. Coffee lovers can also enjoy sharing a cup of coffee with close friends, getting work done in a comfortable spot, or catching up over a local beer at nine community-centered cafes across the country, with 10 new locations in the works. Drink Coffee. Do Good.® For more information, visit landofathousandhills.com.