
NOVO Development
Washington, DC 11–50 employees 5 principals
Last updated
About NOVO Development
NOVO Development is a real estate operator headquartered in Washington, DC. NOVO Development operates in Phoenix, Arizona. Its investment focus is on Affordable Housing, Industrial and Logistics.
NOVO Development is a commercial real estate development firm founded in 2013. Operating for 13 years, the company's principals bring over 30 years of industry experience, having collectively developed millions of square feet across more than 25 states. The firm focuses on office, industrial, medical, residential, retail, educational, and land assets, managing pre-development, entitlement processes, and project delivery. Its portfolio includes specific assets such as a 32,232-square-foot medical office building, a 132,775-square-foot senior living facility, and a 332-bed student residence hall featuring a 27,000-square-foot student union. Major master-planned projects feature the 1,400-acre Copperwing industrial logistics center and the 1,000-acre mixed-use Algodón Center. The Algodón development encompasses a 150-acre medical office park anchored by an 80,000-square-foot building alongside a 7-acre senior living community.
Principals at NOVO Development
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5 principals on file
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Recent activity at NOVO Development
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NOVO Development's project portfolio
6 projects on file · Industrial (3), Residential (general) (1), Senior & Assisted Living (1), Healthcare (1)
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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets NOVO Development operates in
Investment themes at NOVO Development
Capabilities
- Asset Management
- Construction Management
- High-Rise
- Mixed Use
- Site Development
- Technology-forward
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Frequently asked questions about NOVO Development
- What does NOVO Development do?
- NOVO Development is a commercial real estate development firm founded in 2013.
- Where is NOVO Development based?
- NOVO Development is headquartered in Washington, DC.
- What markets does NOVO Development operate in?
- NOVO Development is active in Phoenix, Arizona.
- How many employees does NOVO Development have?
- NOVO Development has 11–50 employees.
