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Novo Properties Joins HQ2 Apartment Development Wave in Alexandria, Virginia

DC Company Secures Financing for $55 Million Multifamily Project in Old Town
Novo Properties' plans for 1200 N. Henry include 115 apartments and 20,000 square feet of retail. (Novo Properties)
Novo Properties' plans for 1200 N. Henry include 115 apartments and 20,000 square feet of retail. (Novo Properties)
By Bryce Meyers
CoStar News
July 31, 2019 | 9:46 P.M.

Novo Properties has secured financing for the development of a $55 million apartment community with an Old Town Alexandria location that could appeal to future Amazon employees who want new, luxury apartments near their future offices, but away from bustling Arlington or downtown Washington.

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