All, Novi: A Premier Destination for Commercial Real Estate

Introduction

All, Novi stands as a dynamic hub for commercial real estate, offering a strategic blend of industrial, office, and retail spaces that cater to diverse business needs. The city's robust economy is anchored by thriving industry clusters and its unique positioning as a commercial nexus, making it an attractive location for real estate investors and developers.

Economic and Industry Overview

All, Novi's economy is driven by key industries such as logistics, manufacturing, and technology, each contributing significantly to the demand for various commercial property types. The city's industrial sector benefits from a rich network of supply chain businesses, while the technology sector fuels the need for modern office spaces. Regional economic development initiatives, spearheaded by the Novi Economic Development Corporation, further bolster the city's commercial appeal.

Strategic Location and Transportation Infrastructure

The city's strategic location is enhanced by major highways such as I-96 and M-5, offering seamless connectivity to regional markets. The close proximity to Detroit Metropolitan Airport provides logistical advantages for businesses reliant on air freight. Additionally, Novi's access to rail lines and the Great Lakes' ports ensures efficient distribution channels. For more information, visit the Michigan Department of Transportation.

Commercial Real Estate Inventory & Zoning

Novi's commercial real estate landscape is characterized by distinct submarkets, including the vibrant Central Business District and expansive industrial corridors. Key asset classes include:

• Industrial spaces, ideal for manufacturing and distribution
• Retail centers, catering to a growing consumer base
• Modern office buildings, supporting the corporate and tech sectors

Recent zoning changes have introduced incentives for developers, and the city's zoning maps can be accessed via the City of Novi Planning Department.

Major Employers and Institutions

Novi is home to major employers and institutions that drive demand for commercial real estate, including:

• Toyota Motor North America
• St. John Providence Park Hospital
• ITC Holdings Corp

These entities, along with nearby universities, create a vibrant economic environment. Detailed employer information is available through the Novi Business Directory.

Notable Commercial Developments & Projects

The city boasts several large-scale developments, such as the Twelve Mile Crossing at Fountain Walk and the Novi Town Center, both exemplifying successful public-private partnerships. Opportunity Zones within the city offer further potential for growth. For detailed project maps, visit the Novi Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are essential:

• Novi Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

The city's open data portal and economic impact reports provide valuable insights into market trends. Brevitas utilizes AI-powered aggregation from these public data sources to deliver comprehensive market analyses. Explore our Brevitas-powered dashboards for detailed insights.

Why Use Brevitas for All, Novi CRE?

Brevitas offers a suite of tools designed for commercial real estate professionals:

• AI-driven CRE discovery
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Our platform features auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. Access exclusive listings and premium exposure with Brevitas.