Franklin-based developer Boyle Investment Co. is targeting an office building and a Hampton Inn & Suites hotel structure for its mixed-used Berry Farms development, The Tennessean reports.
The 250,000-square-foot Class A office building (pictured here), to be called The Offices at Town Center, will be the 600-acre development’s first structure of its type. Construction could start this fall, according to the morning daily.
A fall groundbreaking also could be on tap for the 123-room Hampton, to be developed by Chartwell Hospitality. That entity recently finished it Hilton Garden Inn in SoBro.
Teslas and Nissan LEAFs aren’t the only all-electric vehicles that you’ll see on the streets of downtown Nashville. The Metropolitan Transit Authority is moving forward with plans to convert the vans and buses on its Music City Circuit downtown circulator route to an all-electric fleet.
MTA will use a $250,000 Clean Tennessee Energy grant to purchase a second fast charger for the fleet of nine electric buses that it plans to buy. The Music City Circuit provides free service to the Gulch, Bicentennial Mall area and other downtown destinations.
The grant is being awarded by the Tennessee Department of Environment and Conservation, which said in a release that the conversion to electric vehicles will remove roughly 56,000 pounds of carbon dioxide from the air and save about $75,000 a year based on the price of electricity compared to diesel fuel.
The team looking to develop a Virgin Hotel in Midtown is planning to begin on-site grading by the end of October.
Dean Chase, chairman and CEO of D.F. Chase (which will serve as the general contractor for the development), said the plan is to begin the work within 60 to 120 days.
Read more here about the project, which is expected to feature 240 rooms and suites along with 15 penthouse residential units. The hotel's amenities are slated to include a centerpiece bar, live entertainment venue and an outside veranda, among other things.
The Midtown building home to Loews Vanderbilt Plaza Hotel and various offices is slated for some roof work, according to a Metro Codes Department permit document.
Nashville-based Maxwell Roofing and Sheet Metal Inc. will handle the job, with the permit valued at $463,000.
In 2012, the hotel received a lobby update courtesy of Brasfield & Gorrie in a $3 million job.
The Metro Development and Housing Agency Design Review Committee approved this morning the concept plan for Pinnacle Hospitality Partners’ 15-story full-service Holiday Inn and Suites proposed for SoBro.
The Nashville-based developer, which now must go before the Metro Council in July for a rezoning approval, is eyeing a year’s end start. Ray Dayal, PHP CEO, said the company could break ground as early as this fall.
The 228-room hotel building would sit at the northwest corner of the intersection of Peabody Street and Fourth Avenue South.
Read more here.
Ryman Hospitality Properties executives have extended the maturity date of their $700 million revolving credit facility by two years until June 2019. The move also cuts between 160 and 240 basis points off the interest rate and leaves Ryman with no debt coming due in the next four years. Check out the details here. Shares of the Nashville-based company (Ticker: RHP) are up slightly year to date.
Wilson County's planned $10 million Expo Center is under fire from area Republicans claiming the project shouldn't be backed by the government. County commissioners approved plans for the 86,000-square-foot project last month and a study estimates the project could be paid off in less than 20 years. But the Wilson County GOP is up in arms and there's a Lebanon-versus-Mt. Juliet element to the whole debate. Connie Esh at The Wilson Post has the details.
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