The plans by Lee Co. executives to move their headquarters from Cool Springs to Boyle's Berry Farms development a few miles farther south got a boost Tuesday night, when Franklin officials approved a payment-in-lieu-of-taxes plan for the company. The mechanical contractor plans to relocate to Berry Farms in 2017 and will add almost 70 jobs, growing its total HQ payroll past 500. Williamson County officials also have approved a tax incentive package.
Franklin-based SouthStar LLC has sold for $15.1 million the last remaining 22 acres at Ovation in Cool Springs to Thomas Enterprises Inc. of Atlanta, Nashville Business Journal reports.
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Scott Witherow of Olive and Sinclair Chocolate is expanding his retail business with a high-profile storefront in his hometown. Witherow and his team have started work on the renovation of the old Williamson County Rescue Squad building at Franklin's Five Points. They expect to open their doors there in a month or so.
In addition to its new storefront, the chocolate company will add new products to its line that are exclusive to his Williamson County location. Witherow revealed only one of his new products called the Seersucker, but said the rest will have to be a surprise.
Atlanta-based North American Properties has released an image for its Emblem, a 361-unit luxury apartment project for which ground has been broken in Cool Springs.
Richard Munger, NAP partner and vice president of development, said the project will carry a price tag of about $65 million. The building will face Nichol Mill Lane across from the building home to Academy Sports (see the site here courtesy of Google Maps).
Houston based Meeks+Partners is serving as architect. Relatedly, Don Meeks, M+P founder, previously had the site under contract but earlier this year assigned his rights to acquire to NAP.
NAP purchased the property in February from Alan Revelette and Sunil Patel and broke ground in September.
NAP developed Park Central, an eight-story 200-unit residential mid-rise building located on 25th Avenue North across from Centennial Park.
(Image courtesy of NAP and M+P)
Lee Co., one of the largest private companies headquartered in Williamson County, plans to build a 100,000-square-foot home office in the Berry Farms development, where it has bought about seven acres. Getahn Ward at The Tennessean has the details on the planned move, which is similar to one in the works for Dave Ramsey's financial planning enterprise.
Perko said Lee Co. chose Berry Farms to reasons similar to its choice of Cool Springs years ago for its current headquarters.
“It’s in the path of progress,” he said about Berry Farms where Lee Co.’s planned building will be among the first office space. “We feel like we’re getting ahead by being in the new development.”
Franklin city officials and Williamson County leaders have approved millions of dollars of tax abatements and other incentives to facilitate the headquarters relocation of the holding company for Dave Ramsey's financial planning tools and services. Lampo Group/Ramsey Solutions plans to build a new home office to replace its base in Cool Springs. Nothing definitive about the new HQ's location has been announced, but public officials have said Ramsey has picked a section of Boyle Investments' large Berry Farms project at the Goose Creek exit off Intestate 65 for the $98 million project. (The area encompasses the blue section in the bottom right of the image below.)
Emily West at Franklin Homepage has a rundown of the incentives — which include more than $3.7 million from the county — as well as Lampo's ambitious hiring plans, which stretch well into next decade.
Franklin Synergy Bank officials are preparing to open their Nolensville office and have contracted with Century Skanska to handle some design and construction work. The project in the Brittain Plaza center being developed on Nolensville Pike by Stevens Group is worth $184,000. The bank holding company (Ticker: FSB) also recently finalized a deal with the contractor to expand its home office in downtown Franklin.
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