Nashville-based Urban Housing Solutions Inc. is planning to acquire North Nashville property on which sit three outdated apartment buildings the nonprofit developer will demolish and replace.
UHS will undertake the project fueled by a $2.5 million grant via the Barnes Housing Trust Fund, which the Metro Council approved earlier this year. The structures had comprised River Village and anchor a 4.75-acre site that sits at the southwest corner of the intersection of 26th Avenue North and Clarksville Pike.
The Metro Codes Administration Department has condemned the property, which is now under the control of the Metro Health Department. UHS, which has the property under contract. hopes to close on the purchase of the site in September. There are still environmental and tax liens considerations to be resolved.
“The project is not a done deal but we feel this can be a game-changing development for North Nashville,” said Brent Elrod, Urban Housing Solutions project developer.
Urban Housing Solutions has developed various projects in Nashville, with the most recognized likely its Third and Chestnut mixed-use building located in Chestnut Hill (seen in second image below).
UHS will use the same development team (including Nashville-based Zinc Architecture) it deployed for Third and Chestnut. For now, the nonprofit is calling the planned project The Barnes (seen in first image below).
(Image courtesy of Google Maps)
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