United Methodist Publishing House officials are targeting a May move to Metro Center from SoBro, according to Neil Alexander (pictured), the entity’s president and publisher.
UMPH recently secured a permit, valued at $6.9 million for renovation work at its future space, located in a building at 2222 Rosa L. Parks Blvd. (Read more here about the move and see the site here in an image courtesy of Google Maps.)
The Parent Company is serving as general contractor.
United Methodist Publishing House is moving from its home on the southwest corner of the intersection of Eighth Avenue South and Demonbreun Street to make way for a mixed-use project Turnberry Associates plans (read here).
The United Methodist Publishing House has landed a permit for updates to its Lake Front Office Park in MetroCenter, according to Metro Codes Administration Services documents.
The Parent Co. Inc. will handle the work, with the permit valued at $3 million.
The 125,000-square-foot office building, located at 2200 Rosa Parks Blvd., sits on a site that includes a manmade lake. UMPH acquired the Lake Front Office Park in July for $9.25 million. Lake Front Office Park LLC, which includes both the estate of deceased Tennessee Titans owner Bud Adams and Nashville-based investment entity Corner Partnership, was the seller.
Read more here.
Turnberry Associates, the Florida-based company that is the majority owner of Union Station Hotel and Hilton Nashville Downtown, has nearly four acres of United Methodist Publishing House property under contract, according to The Tennessean. The morning daily reports the company is planning a hotel for the SoBro site, which sits at the southwest corner of the Demonbreun Street and Eighth Avenue South intersection. A New York-based investor group plans a Westin hotel on an adjacent site south of the land Turnberry seeks to acquire.
The United Methodist Publishing House has a contract on a building in MetroCenter that would, if the deal materializes, serve as the SoBro-based entity's new home, according to The Tennessean. Of note, the late Tennessee Titans owner Bud Adams once owned the MetroCenter building, the daily paper reports. Getahn Ward has the story here.
The Tennessean reports today that an oft-discussed Westin hotel that might be built west of the the Music City Center in SoBro could rise 30 stories and offer 400 rooms. According to the morning daily, the hotel would rise on a site located near the MCC Roundabout and located at 304 Ninth Ave. S. along Clark Place (seen in image below courtesy of Google maps). Currently, Carpenter Wright Engineers and Bullock Smith & Partners operate from a building at the site. Terra Verde Group has various United Methodist Publishing House parcels under contract. Read more here.
The United Methodist Publishing House has announced an April 27 closing date for its downtown icon Cokesbury Bookstore located at 201 Eighth Ave. S.
The closure of the SoBro facility is a part of a nationwide restructuring of the Cokebury brand that includes the shuttering of all 59 stores. The brand is transitioning entirely to sales via an online platform and call center operation.
Though managed by the United Methodist Church, Cokesbury stores serve all Christian denominations. In addition, they are the official bookstores of the Presbyterian Church, the Disciples of Christ and the Episcopal Church.
Neil Alexander, UMPH president and publisher, said in an interview posted on the UMPH website that there were 620 full-time positions at Cokesbury stores and that he expects the number to dip to 475 after the last stores close. All 75 part-time positions were eliminated.
Alexander said full-time employees were offered severance pay and that those who stay through the closing dates of their respective stores will receive a retention bonus. All employees are receiving career transition counseling and training. Alexander said the transition has a one-time price tag of “several million dollars” because of employee-related expenses and store leases. In addition, store fixtures, supplies and inventories must be disposed of.
Annual sales for Cokesbury from August 2011 to July 2012 were $86.1 million.
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