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By: William Williams
Posted: Tuesday, November 10, 2015 - 06:45
Last week, a Nashville-based development entity led by Travis Kelty acquired for $5.26 million the 1.8-acre Division Street site on which it plans a mixed-use high-rise. Kelty and his team are eyeing the $75 million 23-story Crescendo for the site, which includes the building home to Myers Flooring. The partnership created Highpoint Division Partners for the acquisition of the property, which straddles the edges of both The Gulch and SoBro.
By: Emily Kubis
Posted: Monday, November 9, 2015 - 13:30
A Vanderbilt University engineering student has founded MetaMap BioWorks, a biotechnology company that has developed an X-ray-like tool for cells. Lara Jazmin, who just completed her Ph.D. in chemical engineering, and associate professor Jamey Young are moving forward with their company with support from the Vanderbilt Center for Technology Transfer and Commercialization. The company's metabolic flux analysis — or "X-ray" — allows researchers to pinpoint biochemical reaction pathways.
By: William Williams
Posted: Monday, November 9, 2015 - 12:50
The Metro Development and Housing Agency has landed a permit related to is Cayce Place Apartments now underway in the agency’s James A. Cayce Place property in East Nashville. R.G. Anderson is handling the general contractor role, with the permit valued at about $6.5 million. The building will rise four floors and offer 70 apartment units. It will be located at the southeast corner of the intersection of South Fifth Street and Summer Place. The $11 million building is expected to open in 2017.  
By: William Williams
Posted: Monday, November 9, 2015 - 11:32
The average per-gallon price of regular gas in Nashville on Sunday was $2.05, up six cents compared to the mark of a week ago and down one cent from the figure of four weeks prior. This time in 2014, the average per-gallon price of regular gas in Nashville was $2.72, according to AAA The Auto Club Group. Relatedly, Tennessee’s average price was $2.02 on Sunday, up nine cents compared to the figure from the previous week. The price was $2.03 four weeks ago and $2.70 a year ago. In Tennessee, the peak price to date this year has been $2.58 (on June 17).
By: William Williams
Posted: Monday, November 9, 2015 - 08:30
MiKeN Development is targeting an early groundbreaking for its mixed-use project The Phoenix on 51st slated for The Nations. Relatedly, the Nashville-based company has tapped The Carter Group, which is also based locally, to serve as general contractor.
By: Emily Kubis
Posted: Monday, November 9, 2015 - 07:10
Mental health provider Centerstone has received a renewal from the U.S. Department of Veterans Affairs on a $2 million grant.The grant will fund the fourth year of the Supportive Services for Veteran Families program, which aids low-income veterans and their families in transitioning to permanent housing. The program reaches 40 Middle Tennessee and Southern Kentucky counties.
By: William Williams
Posted: Monday, November 9, 2015 - 07:00
Vanderbilt University Medical Center has named Gary Streaty executive director of its Department of Facilities Management. Streaty (on left in photo) replaces Ken Browning (on right in photo), who served more than 30 years in the role, most recently with the title of  assistant vice chancellor for facilities and construction. Streaty will be responsible for the financial and operational aspects of maintaining the Medical Center’s numerous facilities and physical plant systems. Relatedly, Browning will continue oversee VUMC's new facilities construction.
By: William Williams
Posted: Monday, November 9, 2015 - 06:45
Here are a few interesting tidbits for all you fine folks who take a certain joy in pondering how the Nashville skyline might look in, say, three years.Currently in Davidson County, and according to Nashville Post numbers, there are 15 buildings of at least 100 feet tall either under construction or undergoing preliminary site work, with 14 of those located within the city's urban core of downtown, Midtown and the West End Corridor. (Southern Land's mixed-use tower in Green Hills is the exception given it is in a nonurban setting.)
By: Geert De Lombaerde
Posted: Friday, November 6, 2015 - 13:39
Shares of Healthcare Realty Trust are down more than 2 percent Friday (Ticker: HR) following a move by analysts at Stifel Nicolaus to downgrade the company to 'hold' from 'buy.' The retreat has taken the stock back to where it was five weeks ago. Year to date, Healthcare Realty is off about 7 percent.
By: William Williams
Posted: Friday, November 6, 2015 - 10:45
Exterior work continues at West End Avenue-based The Continental, the mixed-used modernist mid-rise that recently made headlines with Elmington Capital Group showing an acquisition interest. According to a Metro document, K&J Associates is handling the upgrades, with a permit valued at $2.1 million. The ECG effort did not materialize and exterior improvments to the building, which features condominiums and Indian vegetarian restaurant Woodlands in its ground-level space, continue as originally planned.