Headline Homes: February 2015

Among the buyers and sellers: HCA's treasurer, 'All About That Bass' songwriter, Carrie Underwood album producer, and more...
Mar 26, 2015 7:00 AM

Brentwood bans Town Center residential

Brentwood commissioners voted Monday night to eliminate residential development options in the city's Town Center district, citing the need to assess the impact of about 400 units that have been completed or are now being built.

"Our infrastructure is scarce and we can't overrun it," Commissioner Mark Gorman said.
"[Brentwood] is a very special suburban city and it's a great place our residents call home ... I can't help what's gone on in Town Center. Now there are ... 403 residential units in the Town Center downtown area. It's unfortunate that it all happened with that Tapestry. Maybe some would have been okay but right now it's too late and we can't fix what's happened."
Mar 24, 2015 2:47 PM

East Nashville's growth tensions shaping Council races

The rapid redevelopment of sections of East Nashville has caused a number of ruckuses recently. In this week's Scene cover story, Steven Hale writes about how a number of people — in the words of one activist, "folks that have felt they've lost their voice [and feel] vulnerable of losing control of the future of their neighborhoods" — are rallying around challengers to Councilmen Peter Westerholm and Scott Davis, representatives they say are not appropriately defending their interests.

"Peter is a friend of mine and, there are many issues on which we agree," Withers says. "And the main differentiator is that we sometimes have a different approach to how decisions are reached.

"The difference to me is that I am passionate about reaching out and communicating with our neighbors and seeing what their opinion is. And if the majority of neighbors are in favor, then that's what I'll bring forward, and if the majority want a compromise, then we should have a compromise. If the majority of neighbors are opposed, then we want to look at that a little more closely."

Mar 12, 2015 11:01 AM

Franklin leaders OK Harpeth Square plan

The Franklin Board of Mayor and Aldermen has given its approval to the development plan for Harpeth Square, the $80 million residential/hotel/retail project slated for the northern edge of downtown Franklin. Jill Cowan at The Tennessean has more info and perspective here on what was a "robust public hearing" Tuesday night.

Mar 12, 2015 6:59 AM

Real estate notes: Mathews makes Rock Block purchase, Lonnie's leaving Alley, and more...

Also: Blackstone buys in Cool Springs; California company picks up North Gulch building
Mar 11, 2015 10:57 AM

Winter weather doesn't dampen February home sales

Strong market continues with best February since '07
Mar 9, 2015 10:49 AM

Planning Department opposes rezoning to allow 12South project

Bristol to seek 'acceptable plan' for building Metro says would exceed height limit
Mar 9, 2015 7:18 AM

In Charge 2015: Real Estate

Mar 8, 2015 11:36 AM

Commission reverses vote in Green Hills land-use matter

The Metro Planning Commission has ruled in favor of a Green Hills couple who had attempted for more than 16 months to stop a project proposed for a lot adjacent to their property.

Specifically, the commission voted 8-0 last week to disapprove a subdivision application that would have allowed for the construction of a home Barabara and Gary Nicholson contended would have been out of scale and character for Clairmont Place.

The commission vote followed Davidson County Chancellor Russell Perkins ruling last October in favor of the Nicholsons, who previously contested a February 2014 Metro Planning Commission vote to allow Van Christian to partition his next-door lot for development purposes.

In his conclusion, Perkins wrote the court reversed the commission’s approving in November 2013 the application by Christian, who wanted to subdivide the property, located at 1510 Clairmont Place, into two lots.

“The application was not properly approved before the Metropolitan Planning Commission by the legally requisite number of votes,” Perkins wrote at the time.

Bill Purcell, an attorney with Jones Hawkins & Farmer, represented the Nicholsons.

“We’re very happy and very relieved,” Barbara Nicholson said. “On behalf of our neighborhood, we’d like to thank Bill Purcell.”

Read more here.

Mar 6, 2015 9:45 AM

Area foreclosure, delinquency rates ticks down further

The Nashville-area housing market finished 2014 with one out of 35 home mortgages being at least three months delinquent, according to research firm CoreLogic. That might sound like a lot but the 2.83 percent ratio is more than a full point below where it stood 15 months earlier. Similarly, the foreclosure rate among home loan lenders has come down steadily and is now below 0.5 percent. Here's how the region's numbers have trended over the past two years.

Mar 5, 2015 12:32 PM