Located at 26 Union Street South on the site of the former municipal building, Novi Lofts will consist of approximately 89 apartment units and +/- 7,800 SF of commercial space. This square footage includes a rooftop restaurant, outdoor patio, restaurant lobby, and rear Market St. retail. The developer will also construct ~4 parking spaces on the Market St. level.

The approved plan (approved in October 2019) for a new Downtown Streetscape includes 22 foot wide sidewalks, 11-foot travel lanes, 15 parking spaces remaining on Union Street including two new ADA accessible spaces, sharrow markings, poured concrete sidewalks with brick paver accents, added street trees and landscaping, new smart light poles, space for public art and outdoor dining, designated loading/unloading zones, and vehicle drop-off zones.

The former City Hall Annex located at 66 Union St. S is undergoing a modern and state-of-the-art renovation by RCG SE, LLC. The City sold the building to RCG after City offices relocated to the new City Hall.

The City recently opened a Nonprofit Center on the lowest level of the building including 10 affordable office spaces with access to a shared conference room. The main and second levels are for lease by RCG and will offer customizable retail, restaurant, and office space perfectly positioned at the heart of Concord. 

Plans have been approved for an approximately 3,200 SF taproom and bar to come to downtown Concord called Cabarrus Tavern.