Officials with New York-based City Winery LLC announced today they have purchased a SoBro property with plans to retrofit the space and open a Nashville outpost of their high-end wine/restaurant/entertainment venue by September 2014.
According to Metro records, City Winery Nashville LLC paid $2.56 million for the 1.56-acre property, which has access at 609 Lafayette St. and addresses both Ewing Avenue and Middleton Street. A warehouse building on the site currently houses Fab Wholesale/Vaughn’s Cash & Carry.
The seller was 5th Street Development LLC of Sandy Springs, Ga.
Michael Dorf, founder and CEO of City Winery, said the team has a budget of $2.5 million to retrofit the building. On-site work is slated to start in January, with Nashville-based MTLC Building Group to serve as the general contractor.
“City Winery is thrilled to become a part of this community,” Dorf said in a release. “This town is a hotbed of great musicians and fans, new restaurants and hotels, and wine-loving consumers. The facility will make an exciting addition to the burgeoning culinary scene in Nashville and complement the established and growing music community. We are confident that our model of wine, great food and live music, in conjunction with a state-of-the-art space will be greatly received by Nashvillians.”
Jon Petty, commercial real estate broker for Southeast Venture, represented City Winery Nashville, LLC. Buist Richardson of Cornerstone Cushman & Wakefield represented the seller.
The 30,000-square-foot warehouse will be converted into a 350-seated music venue, 150-capacity restaurant, fully functioning winery and private event space. Originally part of the Sears properties, the building has been subdivided and mainly used as warehouse space over the years. Its back faces the Nashville Rescue Mission site.
Dorf said the opening of the Music City Center convention facility, improvements to Eighth Avenue, the planned extension of Division Street to connect to Ash Street and a pedestrian bridge slated to link SoBro and The Gulch were factors in the team wanting the site. Relatedly, Tennessee Brew Works recently opened a taproom at 809 Ewing Avenue, a few blocks from both the Yazoo and Jackalope brewing facilities.
“This is an example of another really unique, out-of-town concept coming to Nashville,” Petty said in the release. “City Winery is taking an old, underutilized warehouse and converting it into an urban winery with a restaurant and entertainment venue. Nashville does not currently have a concept quite like it.
“Adding to a long list of developments in the area, City Winery will be another catalyst for more entertainment and hospitality themed concepts in this section of SoBro,” Petty added.