UPDATE (Wednesday, March 23, 2022)
The second phase of work to complete installation of the 155-foot tower crane at the site of the future Novi Rise property is underway. As noted below, during this second phase of work contractors have once again closed Market Street SW to through traffic. The road will remain closed until approximately 5 p.m. on Friday, March 25 when work will conclude. To help alleviate traffic congestion downtown, crews have reopened Spring Street SW to through traffic in both directions for the duration of the work on Market Street.
The closure on Market Street has no impact on sidewalks and businesses along Market Street and throughout downtown remain open.
Please see the map below for further details.
Original Notice (March 15, 2022)
Progress continues on the three residential and mixed-use Novi properties that will enhance Downtown Concord as a destination for high-performance living, dining, and entertainment. Closures on Market Street SW are planned beginning Wednesday, March 16 to allow construction crews to begin installation of a 155-foot tower crane with a 177 foot working radius on the site of the future Novi Rise property.
Contractors working on the Novi Rise property, located directly behind City Hall, will close Market Street SW on Wednesday, March 16 beginning at 7 a.m. until approximately 5 p.m. The following day, contractors will partially close Market Street again; traffic will be reduced to one lane only on Thursday, March 17, from approximately 10 a.m. to 5 p.m. During the Market Street closures, crews will reopen Barbrick Avenue to through traffic. Motorists are reminded that Spring Street SW remains closed to through traffic between Barbrick Avenue and Cabarrus Avenue. Please refer to the attached map for details.
Additional closures along Market Street SW are anticipated to begin next Wednesday, March 23 to allow crews to continue installation of the tower crane. More information on this closure will follow in the coming days.
Background
The Novi Rise property is one of three residential and mixed-use projects underway in Downtown Concord by Lansing Melbourne Group (LMG). In August 2021, LMG broke ground on three major developments – Novi Rise, Novi Flats, and Novi Lofts – which together represent an estimated $70 million of private investment in downtown. The Novi Rise property will be the largest of the three projects and represents an estimated $38.5 million in private investment. The project will include 167 units including studio, one-bedroom, and two-bedroom apartments with underground parking and retail space on the street level.
For more information on all of the development underway in Downtown Concord, visit concorddowntown.com.