East Nashville slated for hipster BnB

Brooklyn-based Urban Cowboy is targeting a historic home near East Nashville’s quirky Five Points district for a cosmopolitan bed and breakfast spot, Nashville Business Journal reports.

Lyon Porter (pictured), who owns the hipster BnB concept business, bought the massive Queen Anne Victorian building located at 1603 Woodland Ave. (see the building here courtesy of Google Maps) for $915,000 last March. He has not announced an opening date, according to NBJ.

For perspective regarding how East Nashville property values have changed, Belinda Leslie and Bennett Keister acquired the home and the .38 acres on which is sits for $230,000 in February 2000. 

A one-night stay in Urban Cowboy, which operates from a building in the hyper-cool Williamsburg district in Brooklyn, ranges from $150 (for the modest one-bed Dream Catcher room) to $2,000 for The Full Cowboy (a four-bedroom standalone cabin).

Read more here at NBJ.

Jul 15, 2015 9:30 AM

Permit issued for boutique hotel in Gulch

Nashville-based MarketStreet Enterprises has landed a permit for its Thompson Nashville hotel building under construction in The Gulch, according to a Metro Codes Department document.

The 12-story 224-room boutique hotel will have an address of 401 11th Ave. S. MarketStreet is teaming with Commune Hotels & Resorts, AJ Capital Partners and The Berger Company on the development.

JE Dunn Construction is handling the work, with the permit valued at about $25 million.

Nashville-based Hastings Architecture Associates is designing the building, which also will feature retail space and is slated for a late 2016 completion.

Read more here.
 

Jul 15, 2015 7:10 AM

Local entrepreneur acquires South Nashville church site for $1.4M

Adoption Hope Foundation seeks nonprofit status
Jul 15, 2015 7:00 AM

Plans for Tennessee State Museum move forward

Although still a bit short on specifics, plans for a $160 million Tennessee State Museum are moving along, The Tennessean reports. Gov. Bill Haslam will appoint a steering committee and the cabinet will work with a fundraising firm to raise $40 million of the needed funds. Another $120 million will be provided by public funds. The museum will be move from its current location at 505 Deaderick St. to a future building to be located in the Bicentennial Mall near First Tennessee Park.

Jul 14, 2015 2:15 PM

August start targeted for East Nashville project

LIV Development LLC is targeting an August starts on its 291-unit apartment building slated for East Nashville, The Tennessean reports.

The Birmingham-based company last week acquired the 4.66-acre site — at 1034 W. Eastland Ave. and on which the building formerly home to Nashville Rehabilitation Hospital will be razed — for $5.9 million, according to the morning daily.

Nashville-based Smith Gee Studio is handling design chores, with LIV having released an image. Hoar Construction will serve as general contractor.

Sophia's Heart was the seller, with the nonprofit having most recently worked from the building on the site.

 

(Image courtesy of LIV and SGStudio)


 

Jul 14, 2015 11:04 AM

Tennessee mortgage delinquency rate keeps dropping

CoreLogic reports Tennessee's mortgage delinquency rate dropped 0.6 percent between May 2014 and May 2015. Between those two months, 13,371 completed foreclosures were recorded. There were 18,093 completed in the 12 months prior. That's a 26 percent decrease. Read the analysis and full national report here.

Jul 14, 2015 10:04 AM

Crane erected at Bridgestone tower construction site

The first of two tower cranes has been erected on the downtown construction site for the Bridgestone Americas skyscraper.

Workers were seen early Saturday morning installing the crane.

Brasfield & Gorrie is serving as general contractor.

Work on the 30-story, 514,000-square-foot high-rise is slated for a late 2017 finish, with the project to carry an approximately $230 million price tag. The tower — which would be Nashville's third-tallest building if standing today — will sit at the southeast corner of the intersection of Fourth Avenue South and Demonbreun Street in SoBro.

Read more here.

 

Jul 13, 2015 12:51 PM

A-Game Sportsplex under contract to be sold

Cool Springs-based training facility could be converted to office space
Jul 13, 2015 12:35 PM

You want photos of urban projects? ... take a look

Downtown and Midtown Nashville will soon see no fewer than 20 tower cranes of 70 feet minimum, as the city's urban infill boom continues at a blistering pace.

Nowadays its seems our city — which, for years, seemingly shunned urban development — is welcoming large-scale and/or mixed-used projects with gusto. And though a handful of the recently completed buildings have been a bit bland, most are at least modestly attractive. Pictured below are five projects of note and currently under construction.

 
(Photos courtesy of Nicholas Sala)

(Unnamed Belmont University building with cafeteria, classrooms and offices)

 

(Aertson Midtown)

 

(Ascend Amphitheater)

 

(Element Music Row)

 

(SESAC Building)

 

Jul 13, 2015 9:30 AM

Sunday School Publishing Board building lands upgrades

The central business-based handsome limestone building home to the Sunday School Publishing Board is getting some interior and exterior renovations.

The official overseeing the project could not be reached for a comment but a rank-and-file employee confirmed the updates, which include new windows, exterior power washing and interior upgrades.

See an image of the building, located at 330 Charlotte Ave., here courtesy of Google Maps.

According to its website, the Sunday School Publishing Board is the official publisher of the National Baptist Convention and serves more than 36,000 churches within its constituency.

Formed in 1915, the SSPB was one of the first African-American-owned publishers in Nashville.

Jul 13, 2015 8:30 AM