Alliance pays $10.5M for Melrose site slated for apartment building

Phoenix-based apartment developer Alliance Residential Co. has acquired for $10.5 million the Melrose site last home to Colonial Bakery and on which it plans a 330-unit apartment building, according to Metro documents.

The building will be called Broadstone 8th South.

The seller was local investor group Eighth South LLC. That entity will also develop a mixed-used building (retail and apartments) on a portion of the site, which sits within the 2400 block of Franklin Pike (Eighth Avenue) on the road’s west side. (Read more here.)

Read more here about the Alliance project.

(Image courtesy of Alliance and Lord Aeck Sargent)

Oct 22, 2015 10:14 AM

Melrose building lands Jimmy John's, Pie Five Pizza

Capital Corp. has 'many prospects' for remaining space
Sep 23, 2015 12:35 PM
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Late fall groundbreaking eyed for mixed-use building on Eighth

Development group to undertake $20M project in coordination with Alliance effort
Sep 10, 2015 11:00 AM

Developer releases image for project planned for Berry Hill

Alliance to call residential building Broadstone 8th South
Jul 30, 2015 12:09 PM

Sinema owners plan next restaurant for Melrose area

Details of future business yet to be disclosed
Jul 29, 2015 7:00 AM

Report: No grocery for Melrose site

There seemingly will be no grocery store on the Melrose site last home to Colonial Bakery and that is being reinvented with a mixed-use project to include retail and residential space, Nashville Business Journal reports.

Previous efforts saw owner Eighth South LLC attempt to lure a grocery operation.

The general site has an address of 2407 Franklin Pike and is located partly in Berry Hill and partly in Nashville.

Read more here.

May 27, 2015 12:27 PM

SoBro-based design company eyes South Nashville move

The Nashville office of national design consultant Kimley-Horn and Associates Inc., will move to the general Berry Hill/Melrose area from Cummins Station in SoBro, Nashville Business Journal reports.

The firm will take space The Boot Factory, located at 90 Oceanside Drive, according to NBJ. The building is located in South Nashville about five blocks east of Franklin Road and approximately a mile south of the epicenter of the fast-changing Wedgewood-Houston district.

With the addition of K-H, Nashville-based Chas. Hawkins Co. Inc. 80 percent of the 127,000-square-foot building leased, NBJ reports.

Kimley-Horn has multiple offices nationwide, including in Memphis.

Read more here.

May 7, 2015 2:34 PM

Melrose retail project lands permit

Nashville-based developer The Capital Corp. has landed a permit to begin work on its Melrose retail building, according to a Metro Codes Department document.

The building will span 7,732 square feet and consist of three restaurant spaces and one non-restaurant retail space, according to the permit. Of note, the building will be located partly in Berry Hill and partly in Nashville.

Robert S. Biscan & Co. will serve as the general contractor, with the permit valued at $463,147.

Read more here.

Apr 21, 2015 10:56 AM

Developer releases image for Melrose retail project

Nashville-based developer The Capital Corp. has released a rendering for the retail strip center on which it has broken ground in Melrose.

Randall Dover, also Nashville based, is serving as architect for the 7,700-square-foot project, which will be home to three or four retail spaces.

Read more about the project here.

Mar 31, 2015 7:15 AM

September completion date eyed for Melrose retail project

The Capital Corp. sees national, local interest for future building
Mar 30, 2015 7:00 AM