Retailers in the CoolSprings Galleria rang up sales of $464 per square foot in 2013, which broke a record the mall set the year before. The 1.1 million-square-foot property ended the year fully leased for the fourth straight time but it's worth noting that growth has slowed: The $464 number was up just 1.1 percent from 2012. (On a CBL-wide basis, sales per square foot climbed 0.6 percent to $356.) That might help explain the flurry of activity since last summer from owner CBL & Associates, which has bought the former Sears store and secured both an American Girl store and a Belk expansion.
Cool Springs-based financial services and investment firm HawsGoodwin Financial announced today it has added an employee benefits division and has tapped Tom Weatherman to oversee it.
A 35-year insurance industry professional with long-standing ties to Middle Tennessee insurance providers and agencies, Weatherman will oversee the implementation of the new division’s infrastructure and program offerings, which include group medical, life, and dental; disability and vision; flexible and health savings accounts; wellness programs; and individual medical and life insurance.
Prior to joining HawsGoodwin, Weatherman (pictured) served as employee benefits manager for international insurance brokerage Integro. Before that, he was vice president, sales manager and producer at Brentwood-based Gale Smith and Co. He also has held sales and management positions with Aetna, BlueCross BlueShield of Tennessee and Cigna.
Weatherman received his B.S. degree from Lipscomb University.
“Tom is an extremely well-respected professional in Middle Tennessee, and his vast knowledge of the insurance industry will be beneficial to our firm and more importantly to our existing and future clients,” Art Haws, HawsGoodwin CEO, said in a release. “We view this as an important step in the firm’s growth and we are excited about the potential opportunities on the horizon.”
Kevin Walters reports that Franklin planning commissioners will vote this week on a proposal by Home2 Suites to build a six-story, 62,000-square-foot extended-stay hotel in Cool Springs. Home2 Suites' plans call for the project to include 105 rooms and a green roof and rise next to the Internal Revenue Service building on International Drive.
Though Sears officials are closing their conventional department store at CoolSprings Galleria later this year, the company wants to maintain a Williamson County presence.
Franklin Home Page is reporting the company is looking at opening a Sears Hometown Store in the county but needs a local owner/operator.
Sears has about 12,000 Hometown Stores nationwide. The stores focus on durable goods (appliances, electronics, tools, lawn/garden equipment, etc.) found in comprehensive Sears stores. In Middle Tennessee, both Dickson and Columbia have a Sears Hometown Store.
Read more here.
Bristol Development Group has topped the first of two buildings that comprise its massive Tapestry residential project in Brentwood and is targeting a July move-in for the first residents, according to a company official.
Relatedly, the Franklin-based company has released photos, courtesy of Aerial Innovations of TN Inc., of the site (see below) and has signed a contract with Bell Partners to handle the leasing and management of Tapestry, according to David Hanchrow, Bristol chief investment officer. Bell manages Bristol’s Bell Historic Franklin, which is located next to The Factory at Franklin.
Hanchrow said Bristol is “well into the framing” of the second building on the site.
Tapestry is located at 300 Centerview Drive near Synergy Business Park.
The Battle of Franklin Trust has tapped longtime employee Eric Jacobson to be its CEO. Previously the Trust’s COO, Jacobson has been with the organization since 2006. He oversees operations of The Carter House and Carnton Plantation and is the author of three books, For Cause & For Country, The McGavock Confederate Cemetery and Baptism of Fire.
“This was a unanimous decision from the board,” said Marianne Schroer, the Trust's board chairman. “Eric’s guiding hand has led the Trust to record attendance and national recognition. He is truly a visionary and we look forward to continued growth in our charitable and educational missions.”