Austin Lawrence Partners, a locally based and nationally recognized private real estate development firm, is announcing plans for The Novus, a new luxury residential offering in downtown Durham’s Five Points district. Slated for completion in the fourth quarter of 2024, the 27-story high-rise will boast 54 for-sale condominiums and 188 rental apartments as well as ground-floor retail. With more than 40 percent of its condos already reserved at the time of the official, public announcement in late October 2021, The Novus is ushering a fresh paradigm of luxury living into the heart of one of the Southeast’s fastest growing metros.
The highly amenitized building will feature a 25-meter pool flanked by private cabanas, hot tubs, plunge pool, steam room and a massage room to create a luxury resort feel at home. The focus on wellness continues with an outdoor yoga area, a pickleball court, putting green and two golf simulators. The Novus will also offer an outdoor movie theater, a dog park with covered area, and 2,000 square feet of covered common area that transitions between indoor and outdoor communal spaces. The Novus will also include co-working space to include offices, conference and common area space. Condos range in pricing and feature elevated interior finishes including floor-to-ceiling windows, large private balconies, waterfall countertops, integrated cabinet front appliances and more.
“We are deeply invested in the continued growth and development of Durham because we personally know what an incredible place to live, work and play it is,” said Greg and Jane Hills, ALP’s founders. “We are thrilled to share our vision for The Novus and bring this new luxury living concept to the area. We’re looking forward to continuing to engage with the community and showcase milestones along the way over the next few years.”
The Novus will be located just two blocks from One City Center, ALP’s first residential high rise in downtown Durham, and Unscripted Hotel Durham, the firm’s inspired renovation of one of the city’s most iconic buildings. The developers foresee the new project playing a key role in the continued activation of the Five Points district of downtown, spurring robust job creation and stimulating social activity and economic growth in the community.
Reservations for condominiums at The Novus are currently available and information on the apartment rentals will be available in the coming months. For further information or to make a reservation, visit www.thenovus.com.