Franklin-based SouthStar is slated to sell by month’s end the final piece of land it owns related to the proposed Ovation mixed-use development in Cool Springs, Nashville Business Journal reports.
According to NBJ, the prospective buyer is Bristol Development Group, which is also based in Franklin, know for its residential projects and previously connected to the Ovation effort.
SouthStar already had sold for $30.9 million 35 acres to Atlanta developer Thomas Enterprises Inc.
The Ovation site sits across Carothers Parkway from the land on which Vanderbilt University Medical Center operates many of its Williamson County outpatient services. It is located southeast of the prominent parcel on which Spectrum|Emery Properties is developing its Franklin Park project, which will over time also bring to market more than 1 million square feet of office space.
As planned, Ovation could include buildings spanning 480,000 square feet and accommodating retail, restaurant and entertainment venue space, two hotels with a collective 450 rooms and 950 residences.
In addition to Bristol, Highwoods Properties is involved in Ovation.
Indianapolis-based general contractor Capitol Construction Services Inc. will open an office in Franklin, Nashville Business Journal reports.
The office will be Capitol Construction's second outside Indiana, following the opening of an office located in Naperville, Illinois, a Chicago suburb.
The company lists more than 150 clients on its website.
Read more here.
Franklin Synergy Bank has recruited Tiffany Martin to its team in Berry Farms as a vice president and commercial banker. Martin joins Franklin Synergy from Capital Bank, where she had been a branch manager for almost two years. Before that, she also ran a Bank of America branch.
“Tiffany has a great background in banking,” said Chairman and CEO Richard Herrington. “Our Berry Farms team is serving a community experiencing fast growth and Tiffany was just the right fit to serve that segment of our market.”
Franklin Synergy opened its office in Berry Farms, located off Interstate 65 at Goose Creek Bypass, in the fall of 2013. The company runs 11 branches in Williamson and Rutherford counties.
Officials with car rental giant Enterprise Holdings say they’re enjoying the benefits of Nashville’s tourism and travel boom. The company’s three brands — Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car — are putting up double-digit growth this year at Nashville International Airport, and plans call for Enterprise to open several more area locations to go with the 40-plus they now run.
One of those will come with a twist: This fall, Enterprise will add the Exotic Car Collection at its offices on Mallory Station in Cool Springs. The operation, which will employ a handful of full- and part-time people, will market high-end brands such as Lamborghini, Bentley, Ferrari and more. It will be just the 23rd Exotic Car Collection location in the country and only the fifth in the South, joining spots in Atlanta, Miami and Naples, Florida.
Tractor Supply executives have signed a five-year agreement to put the retailer's name on the new equestrian arena being built at Franklin's Harlinsdale Farm. The venue will open its doors in September and plans to host competitions and arena polo matches as well as various forms of riding lessons.
Working with the City's Parks department, Friends of Franklin Parks broke ground in February on the arena project, and has raised nearly all of the funds necessary to cover the cost of the five-acre facility that includes the arena, a concession stand, public restrooms and the restoration of a 24-stall barn adjacent to the arena site.
Bill Coleman has joined the downtown Franklin office of Landmark Community Bank as vice president of cash management services.
Coleman, who most recently served as a vice president at First Vision Bank in Murfreesboro, will oversee Landmark Community Bank efforts involving positive pay, account reconciliation, ACH and wire services, remote deposit capture and online banking, according to a release.
Coleman started his banking career with Banker’s Trust in Nashville and later worked with Tennessee Commerce Bank and Republic Bank in Franklin.
He earned a bachelor’s degree in business administration from Middle Tennessee State University.
“Landmark’s approach to commercial banking is unique, and my job is to do whatever it takes to help our clients be successful,” Coleman said in the release. “This is a true community bank, where we understand the customer’s objectives and offer a solution to fit those needs, not the other way around. That kind of relationship banking, along with the competitive rates and options, made this role very attractive.”
Landmark Community Bank is based in Collierville, Tennessee.
POSTDATA: WARRANTY DEEDS