A national developer is targeting a Midtown site for a 17-story mixed-use tower, the Post has learned.
According to a source familiar with the plan and who asked to go unnamed, Lennar Multifamily Communities is seeking to purchase the multi-parcel site, which is located at the northeast corner of the 19th Avenue South and Chet Atkins Place intersection. (See the site below in the center of an image courtesy of Google Maps.) Dale Morris owns the parcels, according to Metro property records.
If the project materializes, the building would offer ground-level retail/restaurant space, structured parking and 300 apartment units, the source said. Currently, the land is zoned for a building of no more than 10 stories and no retail. As such, Lennar will need to have the site rezoned.
According to the source, Lennar officials have met with a handful of neighbors in nearby Edgehill and will soon meet with owners of condominiums in Adelicia, the Midtown residential tower located one block west of the site Lennar intends to acquire. The source said Lennar wants to provide the Adelicia residents with some details regarding the project.
Lennar officials could not be reached for comment.
Of note, the back of the Lennar tower, if built, would sit across an alley from Stonehenge Real Estate Group's Artisan on 18th apartment building currently under construction. With 153 units, the Stonehenge structure will rise six stories.
Relatedly, Lennar also plans to begin work in September on a four-story 320-unit apartment building on the northeast corner of the T-intersection of at 2350 Franklin Road (a.k.a. Eighth Avenue South) in Berry Hill (read more here). The site for LMC’s planned building currently is home to Jaguar of Nashville.
For the four-story building, Lennar is waiting to receive its final site approval from the City of Berry Hill.
Lennar Multifamily Communities is an affiliate of Lennar Homes and a subsidiary of Miami-based Lennar Corp.
POSTDATA: WARRANTY DEEDS