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By: William Williams
Posted: Tuesday, September 15, 2015 - 07:20
The Metro Development and Housing Agency Design Review Committee will vote today on a modified conceptual plan for a mixed-use building targeted for Woodland Street in East Nashville. Gallatin-based Green & Little is targeting a four-story building, with 4,000 square feet of retail on the first floor and 49 apartments on floors two through four, for a site with an address of 945 Woodland St. In July, the committee voted 4-3 to disapprove the plan based on excessive height.
By: William Williams
Posted: Tuesday, September 15, 2015 - 07:05
The local office of international supply chain company XPO Logistics is eyeing a small office space in downtown's Bank of America Plaza office tower. According to a Metro Codes Department document, the company is having rehabbed about 3,800 square feet of space on the building’s 10th floor. Nashville-based Commercial Industrial Construction is handling the work, with the permit valued at $85,000. Bank of America Plaza has an address of 414 Union St.
By: Geert De Lombaerde
Posted: Tuesday, September 15, 2015 - 06:53
It appears Dollar General CEO Todd Vasos looked at the stock purchases made early this month by two of the retailer's directors and thought they were a good idea. Last Thursday, Vasos spent more than $300,000 to add 4,300 shares to his holdings, which are now worth $4.2 million.
By: William Williams
Posted: Monday, September 14, 2015 - 13:30
The Vanderbilt University Board of Trust has elected the members of the Vanderbilt University Medical Center governing board, with numerous local business heavy-hitters included. Edith Scott Carell “Edie” Johnson, president and legal counsel for the Carell Family LLC, will serve as chair, with John F. Stein, Tennessee state president and national market executive of for-profit health care in global commercial banking at Bank of America Merrill Lynch, to be the vice chair. VU Chancellor Nicholas S. Zeppos and VU Vice Chancellor for Health Affairs Jeff Balser also will serve.
By: William Williams
Posted: Monday, September 14, 2015 - 12:00
Lennar Multifamily Communities officials are targeting an end-of-the-month demolition related to is M Residences mixed-use project planned for Midtown. Last week, the company paid $10 million for the site. Christopher Cassidy, LMC Southeast division president, said the Florida-based company is not ready to disclose the bank to provide financing.
By: William Williams
Posted: Monday, September 14, 2015 - 10:36
The average per-gallon price of regular gas in Nashville on Sunday was $2.13, down six cents compared to the mark of a week ago and down 25 cents from the figure of four weeks prior. This time in 2014, the average per-gallon price of regular gas in Nashville was $3.20, according to AAA The Auto Club Group. Relatedly, Tennessee’s average price was $2.05 Sunday, down five cents compared to the figure from the previous week. The price was $2.30 four weeks ago and $3.18 a year ago. In Tennessee, the peak price to date this year has been $2.58 (on June 17).
By: Geert De Lombaerde
Posted: Monday, September 14, 2015 - 10:04
Analyst Ranjini Venkatesan at Moody's Investors Service has lifted his rating on the debt of Healthcare Realty Trust to Baa2 from Baa3, saying the Nashville-based company has improved its operations, signing more tenants to and generating more cash from its properties.
By: William Williams
Posted: Monday, September 14, 2015 - 08:50
The Arc Davidson County and Greater Nashville has signed a lease for administrative space in MetroCenter building 50 Vantage Way. Sheila Moore, The Arc Davidson County chief executive officer, said terms of the lease and moving costs are not being disclosed. The nonprofit will have 20 employees working from the 6,000 square feet of space. An Oct. 1 move date is targeted. For the past 10 years, the nonprofit has operated from space at Westminster Presbyterian Church on West End Avenue.    
By: William Williams
Posted: Monday, September 14, 2015 - 07:20
Nashville-based developer Bruce McNeilage has an East Davidson County property home to an apartment complex under contract and is planning to rehab the buildings once he acquires them within 30 days. McNeilage, who declined to identify the name of the apartment complex of the seller, said the buildings’ units are about 50 percent vacant. The partners in Harpeth Development, for which McNeilage is a member, will acquire the property under a new LLC, he said.
By: Emily Kubis
Posted: Monday, September 14, 2015 - 07:00
Revelator Coffee Company will open its Nashville location Monday in Hillsboro Village.The new location, in a space in Hill Center Acklen facing 21st Avenue, will feature coffee, tea and food items. The company was founded in Birmingham and also has locations in Chattanooga, New Orleans and Atlanta with another location opening in Charleston, South Carolina, later this year.