505 CST skyscraper would offer apartments, condos

Giarratana Development is targeting a combination of apartments and condominiums for its planned 505 CST skyscraper slated to rise at the southwest corner of the central business district’s Fifth Avenue and Church Street intersection.

Company President Tony Giarratana Monday night told attendees of an Urban Residents Association meeting he envisions 300 to 400 apartment units and 150 condo dwellings for the skyscraper, which, if built, would rise about 750 feet and be Nashville’s tallest building.

Giarratana Development officials could not be reached for comment.

Read more here.

 

Jul 23, 2014 7:05 AM

20|20 Research targets $1.9M investment with move to downtown

Service company expects to add 96 employees during next four years
Apr 8, 2014 11:23 AM

Booming logistics venture bringing 100+ jobs downtown

Cincinnati company to take up space on Lower Broad
Jan 15, 2014 11:31 AM

A first look at the plans for the convention center site

Team led by Cornerstone, Emery envisions $230M project featuring office tower
Dec 4, 2013 5:01 PM

Firms looking to reinvent convention center offer varying backgrounds

Metro expected to announce winning bidder this week
Dec 3, 2013 7:00 AM

Texas group pulls out of United Methodist site purchase

The Texas investment group that this summer signed a letter of intent to buy the plum United Methodist Publishing House site across from the Music City Center has let that agreement expire. A Terra Verde Group official tells Getahn Ward the project would have to deal with interest-rate risk that was too high.

Nov 26, 2013 6:58 AM

Bank of Nashville plans Gulch move

The Bank of Nashville will in the spring of 2015 leave its longtime home in the L&C Tower for the Gulch Crossing building now under construction, where it will take up almost 19,000 square feet for its regional headquarters and a retail branch. CEO Bill Nigh tells Getahn Ward the bank also will put its name atop Gulch Crossing when it moves its staff of 60 there.

UPDATE: Here's the bank's release on the move, which mentions that 45 percent of Gulch Crossing's space has now been pre-leased.

 

Nov 20, 2013 7:18 AM

Metro launches downtown mobility study

Officials with Metro Public Works have kicked off a multimodal mobility study focused on downtown parking, traffic and street designs among other topics. The work is expected to take until next spring and includes an Oct. 10 open house at the Music City Center. An online survey is part of the study; check it out here.

Sep 30, 2013 11:55 AM

Report: City Center ready to sell for $103M

Real estate trade publication Commercial Real Estate Direct on Monday afternoon reported that Hawaii-based Shidler Group is close to a deal to pay $103 million for downtown's Nashville City Center. Seller Parmenter Realty Partners bought the 27-story building in mid-2008 for almost $90 million but has since begun adding an underground parking garage to the site. CBRE brokers handled the sale for Miami-based Parmenter, which specializes in rehabilitating underperforming properties.

Of note: Shidler is stretching the acquisition criteria for this deal. On its website, the firm says its Alliance Partners HSP venture wants to put at least $125 million into projects that aren't in major East Coast markets. Makes you wonder if the firm plans to invest in a tower the new parking garage is designed to hold...

Sep 17, 2013 6:46 AM

Bridging the gap

Exploring a cap over a prominent part of downtown’s interstate loop
Sep 12, 2013 10:21 AM