A local wife-husband partnership is looking to develop an East Nashville surface parking lot with a mixed-use building featuring residential and retail space.
Carter and Chris Dawson, partners in Red River Investments, envision a four-story 65-unit apartment building with retail space. The site, which is located at the northeast corner of the West Eastland Avenue and Bailey Street T-intersection next to a Rite Aid building that fronts Gallatin Avenue, spans 0.8 acres.
The Dawsons have enlisted Nashville-based Hastings Architecture Associates for both design work and to assist in a rezoning of the site. On Thursday, the team will go before the Metro Planning Commission to request to rezone from office/residential to specific plan–mixed use. There is no detailed rendering yet, Chris Dawson said, adding parking will be surface and positioned behind the building.
“We could break ground if all went well sometime in the early spring,” he said.
Dawson said both the number of stories and number of units are “somewhat fluid” at this early stage of the process.
“We want to hear what the commission and the neighbors have to say,” he said. “We’ve had positive feedback from both so far.”
East Nashville areas located in any direction within six blocks of Five Points have landed very few apartment buildings since the city's mid-2000s infill development boom. Exceptions include 715 Woodland (read here) and Amplify on Main (read here). Developers have said the city's lower east side is in dire need of new apartment building construction.
The Dawsons are not new to east side real estate. In August 2013, the couple bought two retail buildings located just north of Five Points for $3.5 million. The buildings — which sit on 2.2 acres and are home to, among others, Pop Nashville — are located at 604 Gallatin Ave. and 1035 W. Eastland Ave. Of note, they sit catty-corner from the Dawsons’ West Eastland and Bailey site, which was part of that 2013 acquisition. In 1999, the properties (seen below in a movable image courtesy of Google Maps) sold for $932,400.
Red River Investments has undertaken the development of various sites home to Nashville-area Walgreens, including two on Gallatin Avenue and one at the northwest corner of the intersection of Nolensville Road and Thompson Lane.
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