TRANSFORMING COMMUNITIES:

We weave your downtown’s history with your dreams for its future.

Who we are

We believe that every place has a story.

By connecting with history, we create spaces that attract new energy and inspire new memories.

As master developers, we do more than revitalize underutilized properties. We transform neighborhoods and downtowns into thriving, walkable, mixed-use urban environments. Through a balance of new construction and historic preservation, our projects range from hospitality and retail space to office and residential buildings.   

NSV Development seeks to understand the stories that make communities special. We listen to the people who love their homes. We get to know their communities, and we discover their buildings. We learn the histories that can help us build sustainable, thriving futures.

FROM OUR PARTNER

Some things are meant to be preserved.

“One of the main things I like to see in adaptive reuse projects is the fresh energy of the new tenants that occupy a once-silent property. We like to preserve the buildings and renew the vibrancy they once brought to the community.”

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Our Work.

Buildings reach deeper than their own brick and mortar; they are witnesses to history and launchpads for the future. Each of our projects celebrates this unique twining of history and future. NSV projects create a distinctive sense of place by combining broad master development experience with deep public-private partnership knowledge. Below are featured in the samples of our work. For more information on our project work, contact us.

why choose us

Our Team.

We believe that diversity in experience and perspective yields innovative solutions. NSV Development unites the brightest minds across scales: innovators and renovators, engineers and developers, champions and coaches, data devotees, and big-sky dreamers. We are ready to meet you.

 

Founder & Chairman

Michael R. Lemanski

When Michael Lemanski evaluates the success of a finished project, he looks for the people. “It’s always about creating spaces people want to enjoy,” he says. “And if it’s done right, the users will reflect the diversity of their larger community.” Lemanski is best known for his master development work, which transformed Durham’s city center. At the time, one of his biggest hurdles was convincing skeptical lenders of Durham’s potential. “It seems laughable now that it took years to convince lenders a decade ago that downtown Durham had the ‘market demand’ to absorb 200 new construction apartment units in downtown!” he remembers. “Today in Durham, that would be considered a small project.”

Partner

Dewayne Washington

Dewayne Washington takes inspiration from the traditional African Sankofa, a bird whose translation means to go back to the past and bring forward that which is useful. “One of the main things I like to see in adaptive reuse projects is the fresh energy of the new tenants that occupy a once-silent property,” says Washington, who has 20 years of commercial real estate experience and has been an active investor in the redevelopment of downtown Durham for 15 years. As partner at NSV Development, Washington oversees all aspects of NSV’s work with a focus on strategy, operations, and investor relations. “We like to preserve the buildings and renew the vibrancy they once brought to the community.”

Principal

Andrew Holton

A Raleigh resident for nearly 20 years, our principal, legal guru, and finance master knows the value of walkable neighborhoods. “My favorite human environments are ones where the majority of needs are met within a 15-minute walk. When we start a new project, I like to look at the existing context of a neighborhood and think through what it needs and how it can evolve for existing neighbors and for new ones.” From his experience partnering with state and community boards, as well as local and state governments, Holton knows how to help each project benefit all stakeholders and continue to stand for generations.

Principal

Carl P. Webb

Representation matters. Recognizing the contributions of all residents matters. Keeping a record of those contributions matters. Carl Webb knows that listening to all residents leads to strong communities filled with people invested in the transformation of their hometowns. “When we work on any new project, I try to learn the stories of local movers and shakers, and understand how those stories can shape and inspire the future.” As principal at NSV Development, Webb guides strategic planning, community outreach and engagement, marketing, business development, and branding strategies. “Environmental and historic preservation are really important and should be at the core when renovating spaces,” Webb says. “It’s important to understand not just the needed functionality of the project, but also what story the building is trying to tell us.”

Project Manager

Benton Moss

Benton Moss grew up in an 1832 Halifax County farmhouse that still has its original pine floors. He learned to appreciate skilled craftsmanship not just at home, but also in his hometown. “Rocky Mount is a place known for its long history of makers, textiles, and manufacturing,” he says. “I am proud to be from a diverse city of makers, and bring a love of gritty, historic, hard-working architecture to my work on Main Street.” Moss loves to see as much original or reclaimed wood as possible, especially when it comes to original floors and structural beams. “I am most drawn to the history of each space and its former uses — buildings have their own lives and have seen multiple generations come and go,” Moss says. “When a development goes well, it produces a win for the investors, a win for the community, and a win for historic preservation.”

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