Atlanta-based SWH Residential Partners has finalized a ground breaking date for and released renderings of the apartment building it plans to develop on Rolling Mill Hill.
Originally, the residential building, which remains unnamed and a price tag for which will not be disclosed, was to have risen five stories, with on-site work to have started in March. Now groundbreaking is slated for June, with the building (see images below) to stand seven stories at its tallest point (about 80 feet), according to John Tirrill, SWH managing partner.
“We’re looking at a couple of names but will want to make an announcement by the time we start in June,” he said.
Orlando-based Baker Barrios Architects, which is handling design work, has given the apartment building a contemporary aesthetic. Tirrill said the development team originally considered a neo-art deco flavor but opted instead for an industrial look.
“As the design process evolved, it’s kind of where we ended up,” he said.
Tirrill said the building’s primary exterior materials will be brick, Hardie panel, steel and stucco. It will feature about 100 units. Solomon Builders will serve as general contractor, while Littlejohn Engineering Associates is doing landscape architecture and engineering. Both are based in Nashville.
Rolling Mill Hill already is home to The Art Deco, The Metro, Nance Place, Ryman Lofts and The Victorian apartment buildings.
Tirrill said the building will be positioned on an empty lot next to the historic chimney that sits adjacent to The Metro (click here for a photo of the site). SWH owned The Metro, The Art Deco and The Victorian before selling to Des Moines, Iowa-based Principal Global Real Estate Investors last year for $11.4 million. MDHA developed Ryman Lofts and developed Nance Place.
“We’ll spend a lot of time and effort stabilizing the [chimney], which we feel is an architectural asset,” Tirrill said.
The previously mentioned Principal Global Real Estate Investors is the owner of the project, while SWH will serve as the fee development manager.