As part of a years-long push to activate a large, underused section of its downtown along the Oostanaula River, the historic northwest Georgia city of Rome is gearing up to welcome a mixed-use project that could inject new life.
Investment firm CCI Real Estate announced today pre-leasing has begun on Nova River District, a new mixed-use venture situated along riverbanks in the Floyd County city’s charming central business district.
First move-ins at the 250-unit residential portion are scheduled for July, according to CCI reps.
Pricing for studios starts from $900, while the largest two-bedroom options are seeking $1,400 monthly and up. (We’ve asked for square footages and will post that info should it come.)
The project is taking shape next to a new hotel, the Courtyard by Marriott Rome Riverwalk, that’s considered the first phase of an assemblage of properties for development the city’s been putting together for years, in hopes of better activating the riverfront.
Fresh rendering depicting greenspaces and pathways at Nova River District. Courtesy of CCI Real Estate
Sited on 6.4 acres between the hotel and Fifth Avenue, the Nova River District will also see roughly 14,000 square feet of retail at its base.
Two original buildings on the property are being remade into an additional 4,000 square feet of adaptive-reuse retail space, all near a public pedestrian bridge that spans the river. Another Nova River District facet calls for 1 acre of public greenspace, with a link to the 16.7-mile AdventHealth ECO Greenway.
The broader goal is to add to the vibrancy of Rome’s Historic Broad Street on the other side of the river.
Beyond downtown walkability, perks of the Nova River District apartments include a heated saltwater pool, fitness and wellness studio, onsite coffee shop, courtyards, and two “elevated sundecks,” per project officials.
“We look forward to welcoming residents… and introducing new experiences and energy to this special part of Rome, complementing what this community has already built over generations,” said Jeff Warwick, CEO at CCI, in a statement. “With walking trails, local eateries, and history at every turn, Rome creates an atmosphere that is unlike anywhere else in the state.”
Approximation of the Nova River District site, shown before the hotel was constructed next door. Google Maps
The development team also includes Poole and Poole Architecture, True North Companies (general contractor), Focus Design Interiors, Davis and Church (structural engineer), Phillips Gradick Engineering, and Dovetail Civil Design. Gallery residential is on board to handle property management once the district opens.
Pinnacle Financial Partners and Commerce One Bank closed a $37 million construction loan to build Nova River District last spring.
Swing up to the gallery for more visuals and context—no interstate driving required.
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