Located at 30 Market Street on the site of the former police headquarters, Novi Rise will consist of approximately 167 apartment units and +/- 3,300 SF of commercial retail space. The developer will also construct a one level parking garage creating ~75 parking spaces.

Located at 26 Union Street South on the site of the former municipal building, Novi Lofts will consist of approximately 84 apartment units and +/- 7,100 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 ~7 parking spaces on the Market St. level.

Located at 25 Barbrick Avenue adjacent to the new Cabarrus County Parking Deck, Novi Flats will consist of approximately 43 apartment units and +/- 4,900 SF of commercial space.

The approved plan (approved in October 2019) for “A New Union 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 it relocated all of its offices to the new City Hall.