The last remaining buildings on Northwestern Mutual Real Estate Investments' approximately 35-acre North Gulch site downtown — which straddles either side of 11th Avenue North and fronts Charlotte Avenue downtown — will be demolished by this time next year, making way for what is expected to be a major mixed-use urban infill development.
A recent flurry of razings has left the massive site looking fairly barren.
"The majority of the Hansen/Chrysler/Dodge dealership building has been demolished," said Jeff Haynes, co-founder of Boyle Investment Co. and managing partner of Boyle Nashville LLC (which is working with Northwestern Mutual on the effort).
Relatedly, the Franklin Industries plant located on Jo Johnston Avenue is currently being razed.
"It’s fair to say that by the end of January, we’ll have all buildings down except for those home to Porter Paints and Nashville Glass," Haynes said, adding the former should be felled by April while the latter will meet the wrecking ball sometime next fall.
The full demolition of all the site's structures will cost approximately $1 million, he said. Northwestern and Boyle are undertaking a full environmental clean-up effort, addressing, for example, asbestos concerns and underground chemical and fuel storage tanks.
Franklin-based land planning company Kiser + Vogrin Design has been enlisted to devise a master plan for the site.
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