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  7. Novel Coworking
๐Ÿ‘ค
Property Owner2 Active

Novel Coworking

701 Commerce St, Dallas, Texas 75202
Abby Sidebottom
4
Total Projects
$1.0M
Portfolio Value
2
Active Now
20,292
Total Sq Ft
2
Cities
$259K
Avg Value

About Novel Coworking

Novel Coworking is a significant property owner and developer in Dallas-Fort Worth and Austin-Central Texas with a comprehensive real estate portfolio of 4 construction projects valued at $1.0M. The development portfolio includes both new construction and renovations, with 0 new construction projects and 4 renovation projects representing 20,292 square feet of developed space.

๐Ÿ“ŠWork Items

  • 0 new construction projects (0%)
  • 4 renovation projects (100%)
  • Average project value: $259K
  • Total square footage: 20,292 sq ft

๐Ÿ™๏ธMarket Presence

  • Dallas3 projects
  • Austin1 projects

With 2 active projects currently under development and 2 completed projects, Novel Coworking maintains a strong presence across 2 cities, working with leading architecture and design firms including Method Architecture. The development portfolio is concentrated in Austin, Dallas, establishing Novel Coworking as a key player in Dallas-Fort Worth & Austin-Central Texas commercial and residential real estate development.

Market Position

#1
of 0+ Texas property owners
by project volume
Top markets
DallasAustin

Activity Over Time

2019
1
2020
2
2021
1
Median project: $140KAvg cost/sqft: $45/sqftPeak year: 2020 (2 projects)
๐ŸŒŸ Featured Project๐Ÿ”ง Reno

Novel Coworking

14205 N MOPAC EXPRESSWAY, Austin, TX 78728
$705K10,842 sqft
๐Ÿ“…

Activity Timeline

First Project
Feb 2019
Latest Project
Jun 2021
2
Active
2
Completed
๐Ÿ“

Project Locations

Dallas
3
Austin
1
Counties
Dallas3Travis1
๐Ÿ›๏ธ

Design Partners

1 architecture firms

1
Method Architecture
3 projectsยท$333Kยท2 active
๐Ÿ”ง 3 renoavg $111K
Dallas
Latest:Novel Co-Working Suite 310 & 312(Jun 2021)
1 total design firms worked with$333K combined
๐Ÿ“Š

Project Status

๐Ÿ“Review Complete
2(50%)
๐ŸClosed
2(50%)

All Projects

4 total ยท Sorted by date
๐Ÿ“Review Complete$98K

Novel Co-Working Suite 310 & 312

701Commerce Street, Suite 310 & 312, Dallas, TX 75202
Jun 16, 2021๐Ÿ”ง
Method Architecture
๐ŸClosed$95K

Novel Co-Working Suite 304 & 308

701 Commerce Street, Suite 304 & 308, Dallas, TX 75202
Apr 27, 2020๐Ÿ”ง
Method Architecture
๐Ÿ“Review Complete$140K

Novel Coworking

701 Commerce Street Level 4 Suites 401 & 402, Dallas, TX 75202
Feb 25, 2019๐Ÿ”ง
Method Architecture
All OwnersExplore Projects