Parallon names president and CEO of tech solutions unit

Former chief strategy officer had been interim boss since October
Apr 10, 2015 11:21 AM

Former Parallon CEO joins investment management firm

London/NY-based company to launch health care tech arm
Nov 10, 2014 11:35 AM

Parallon brings on Osborn to build consulting group

Former Medical Mart director had been at KMPG
Nov 3, 2014 12:31 PM

HCA tower to make a height statement

Not that this necessarily means much, but …

If standing today, the HCA tower that will be home to Sarah Cannon and Parallon would rank among the tallest buildings not located within Nashville’s central business district or SoBro.

The building, ground for which has been broken in the North Gulch's Capitol View, will rise about 267 feet, which would place it at about the same height as Icon in The Gulch (roughly 280 feet), Palmer Plaza (the mid-1980s Midtown building that stands approximately 269 feet) and glistening new Gulch tower Twelve Twelve (about 261 feet).

There is a school of thought that the taller the building, the more a “statement” (which can often translate to prestige, visibility, vibrancy, etc.) that building makes — and in a city with the population of Nashville, 200 feet is noteworthy.

As to the Gresham Smith & Partners-designed HCA tower, with no other tall buildings to be located nearby (at least at the time of its opening in two years), the as-yet-unnamed structure (read more here) should strike a commanding presence.

Other 200-foot-or-taller buildings located outside the city’s CBD and SoBro include Icon (Gulch), Marriott Nashville Airport, Highland Ridge, and 2525 West End (West End Corridor). In addition, four buildings on the Vanderbilt campus are almost 200 feet tall each.   

Nashville has other buildings either under construction or planned and that should approach, if not top, 200 feet. These include the underway SoBro, Element and a mixed-use tower Southern Land is developing in Green Hills, the proposed Westin Hotel and SkyHouse, and buildings Lennar, Giarratana, Impakt and Turnberry are targeting.

Currently, the city boasts 26 buildings that rise at least 200 feet.
 

(Image courtesy of GS&P)

Oct 8, 2014 6:45 AM

HCA breaks ground on Capitol View tower

North Gulch project to yield 2,000 jobs, $200M investment
Oct 3, 2014 11:35 AM

HCA sets North Gulch tower groundbreaking

HCA will break ground Friday on its North Gulch office tower that will eventually house company divisions Sarah Cannon Research Institute and Parallon Business Solutions.

The 17-story building will represent an approximately $300 million investment. About 2,000 jobs are part of the equation.

To be located in what is being called Capitol View, the 247-foot-tall tower will be the first development on the overall 32-acre site. HCA, which own about 11 acres, is working with Boyle Nashville, which will handle marketing and leasing of retail space in the tower. Similarly, Boyle and Northwestern Mutual Real Estate are working to develop about 21 acres of adjoining property. Read more about the development here.

The ceremony starts at 10 a.m. and will include remarks from HCA President and CEO Milton Johnson and Nashville Mayor Karl Dean.
 

Sep 30, 2014 12:22 PM

New Capitol View details: Range of apartment sizes, 440 hotel rooms

The developers of the large Capitol View project plan to build more than 800 apartments at their North Gulch project, including more than 80 three-bedroom units. Boyle Nashville officials also expect their 32-acre development — which could take up to a decade to be fully realized — to include 233,000 square feet of retail.

Those numbers come from a report delivered to Boyle a few weeks ago by Walker Parking Consultants, one of the contractors on Capitol View, which also is backed by Northwestern Mutual Life Real Estate Holdings and could have an eventual price tag of $500 million. They are down from projections Boyle unveiled early this year — then, the developers envisioned 1,000 apartments and 300,000 square feet — but it's worth noting that Boyle and its partners are still in the very early stages of building out Capitol View, the first element of which is an office tower for HCA subsidiaries Parallon and Sarah Cannon Research Institute on Block A of the project. (See the image below.)

Of the 814 apartments envisioned, 269 will be built on Block D, which sits at the northeast corner of Charlotte and 11th avenues and also is slated to be home to the grocery store Boyle wants to recruit. Of those units, 81 are slated to have two bedrooms and 27 will have three bedrooms. Block F, which sits northeast of Block E in a triangle bordered by three rail lines, is in line to get 226 apartments. Blocks C and E are expected to each become home to about 160 units.

The Walker report to Boyle also puts some perspective on the size of the hotels the latter plans to build on blocks B and E, at the heart of the development. The buildings on Block B will contain 300 rooms, those on Block E 140.

Boyle Principal Jeff Haynes could not be reached for comment on these updated projections.

 

 
The document that included Walker's report also features a few new and updated images of the office tower HCA will build for Parallon and Sarah Cannon. The building will face Charlotte Avenue, rise 14 stories and 247 feet and have about 390,000 leasable square feet. Most of the retail section of Block A will line 11th Avenue North and be handled by Boyle. (Click here for some other images of the project.)

 

Sep 5, 2014 2:52 PM

HCA secures North Gulch site

The North Gulch site on which HCA will develop its mid-rise buildings to accommodate the Parallon Business Solutions and the Sarah Cannon Research Institute offices has been secured with fencing. Relatedly, the segments of Gay and Nelson Merry streets that run through the approximately 11-acre site are closed. The fencing effort suggests a groundbreaking looms, though HCA has yet to announce an update related to construction.

The site is seen in the lower right portion of the below image and is bordered by Charlotte Avenue and Interstate 40. 

 

Aug 1, 2014 2:15 PM

Parallon names new president

CFO serving as interim president appointed permanently
Jul 28, 2014 10:56 AM

Images show 14-story HCA tower for North Gulch

Gresham Smith gives Parallon building contemporary look, plenty of retail
Jul 15, 2014 7:27 AM