A group of investors that includes Vaco CEO Jerry Bostleman and businessman Moni Advani has acquired an Eighth Avenue South property for about $9 million, Nashville Business Journal reports.
The 3.14-acre property is located within the 900 block of the street, about two blocks south of the southeastern fringe of The Gulch (see here courtesy of Google Maps).
Advani is a business partner of celebrity chef Maneet Chauhan, one of the owners of North Gulch-based Chauhan Ale & Masala House.
Read more here.
Lennar Multifamily Communities is targeting a late September start for its multi-unit apartment building to be constructed on Eighth Avenue South in Berry Hill.
Christopher Cassidy, LMC Southeast division president, said the developer anticipates receiving its final site approval from City of Berry Hill officials the week of April 8.
The site for LMC’s planned building currently is home to Jaguar of Nashville.
The Preston Partnership, which is co-headquartered in Atlanta and Washington, D.C., and was the lead architect for Midtown condominium tower The Adelicia, is designing the building. The structure will be four stories at its tallest point.
Cassidy said LMC expects to have within the next 30 days a detailed rendering (the image below is a concept rendering that provides an approximate visual for the Berry Hill building).
“We like the in-town infill districts in Nashville and are excited to start with Berry Hill,” Cassidy said. “We will continue to pursue other opportunities within urban Nashville.”
Lennar Multifamily Communities, which is an affiliate of Lennar Homes and a subsidiary of Lennar Corp., will undertake the project at 2350 Franklin Road (a.k.a. Eighth Avenue South). The building will include 320 apartment units.
Read more about the project here.
And here is a concept rendering that provides an approximate visual for Lennar's planned Berry Hill building:
The national media keep showing love for our so-called It City.
Check this out: The April/May edition of Garden & Gun offers a cover story that focuses simultaneously on the growth of Eighth Avenue South and new music coming out of Nashville.
The Charleston, S.C.-based Southern culture magazine portrays Eighth Avenue South as a bonafide district that is quickly gaining cultural clout because of its alternative music venues and restaurants. (Read more about the music here but do note you will need to view the printed edition to read the section on Eighth.)
The Garden & Gun view of Nashville is, at the minimum, it seems a stretch. After all, the multi-block strip does not function as a contained neighborhood district, as it stretches more than 2.5 miles from SoBro to Melrose. Significant blocks of Eighth are anything but trendy or hip.
Yet, there’s no denying new places are popping up on the urban strip, and segments of the street are thriving. So the magazine article thus begs the question: Does Eighth Avenue South actually have elements of a well-defined district such as Five Points or 12South?
Slated to open April 15 is Urban Juicer at the former site of Fiddlecakes at 2206 Eighth Ave. S. Recent openings include The Pour House, Hatworks, 8th and Roast café and Craft Brewed Bottle Shop & Tasting Room.
In addition, there will be almost 300 new residents in the area when Stonehenge Real Estate Group unveils its $33 million, 266-unit apartment project this fall. Likewise, Franklin-based Parkes Development Group and Nashville-based Fulcher Investment Properties have broken ground for their long-awaited Franklin Road project at the old Melrose Theater site.
Indeed, Eighth might just be creating a buzz.
So maybe Garden & Gun is onto something. Could the new 12South be ... “8South”?
Doyle Davis and the Grimey's team are growing on Eighth Avenue South, where they plan to open an annex just a few steps from their iconic store.
The new spot is two stories and roughly 6,000 square feet, with "almost a full acre" back lot for more parking and potentially even bigger music events. Davis also indicated that a handful of local vendors are interested in participating in regular food-truck food courts back there
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