Novē at Knox

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DALLAS—Following a recent groundbreaking at 3031 Oliver Ave.,Nashville-based Southern LandCompany, has a name for its luxury multifamily development:Novē at Knox. The 310-unit19-story development is located in the Knox-Henderson neighborhood.

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The name Novē (no yay) is derived from the Italian word“diciannove,” which means 19 and is a nod to the building's 19floors. Additionally, the word “novē” is Latin for “new.” SouthernLand Company partnered with a local Dallas-based firm, RocketBrand, to curate the name, brand and website for the community.

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“The Knox-Henderson neighborhood is one of the most vibrantretail and restaurant districts in Dallas, and Novē at Knox willprovide a unique living experience for those who want a luxurylifestyle within a walkable and active neighborhood,” said SouthernLand Company CEO Tim Downey. “Residents will enjoy being able towalk to numerous local parks, Katy Trail, local office buildings,shopping and dining while enjoying easy access to downtown Dallas,Park Cities and Uptown.”

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In partnership with KBS and designed by local firm GDAArchitects, the property will include multiple outdoor amenityspaces including a 10,000-square-foot private open space thatconnects to McKinney Avenue. This courtyard will feature a dog parkand outdoor seating area with grills and a fireplace. In addition,the property will include concierge and resident services. Thefifth floor resident area will feature a pool and private cabanaswith televisions, a fitness center, flex room and a residents'lounge.

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“The demand for urban living within walking distance tolifestyle amenities has continued to rise and we're pleased tooffer a community in the Knox-Henderson neighborhood with closeproximity to offices, shops and restaurants in downtown, Uptown,Highland Park and Preston Center,” Downey tells GlobeSt.com. “Novēat Knox has luxury amenities, lots of green space and is aconnected community.”

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Novē at Knox will consist of 41 junior suites, 159 one-bedroomhomes and 90 two-bedroom apartment homes. Additionally, there willbe 16 penthouses located on floors 18 and 19, some with privateterraces which are unique to the market. Residents will have accessto several levels of above- and below-ground parking along withsome private garage options. Other in-unit amenities includestainless steel appliances, personal washer/dryer, granitecountertops and 10-foot ceilings.

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Southern Land Company has developed a number of multi- andsingle-family communities in rapidly growing Collin County,including Morada Plano, Junction 15 (Plano), The Lofts at WattersCreek (Allen) and Tucker Hill (McKinney). Southern Land Company isactively seeking high-barrier-to-entry development opportunities inselect markets and communities.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.