Crescent Communities, GID Open 336-Unit Multifamily Property, NOVEL Morrisville, in Morrisville, NC

3/17/2025

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REBusinessOnline

• Subcategory: MF: Market Rate

• Tag: JV-Partnership | Opening | Operations

• Additional Filters-Subcategory: MF: Garden

• Company: Crescent Communities, GID (General Investment & Development)

A joint venture between Crescent Communities and GID has opened Novel Morrisville, a 336-unit multifamily community located at 218 Southport Drive in Morrisville. Situated about 14 miles west of Raleigh, the property is a walkable master-planned community that houses the Wake Competition Center, a practice hockey complex for the NHL’s Carolina Hurricanes.