A developer based in both California and Nashville is eyeing a six-story condominium building on a downtown site that overlooks the Cumberland River and located a few blocks southeast of First Tennessee Park.
Dennis Devine has enlisted Nashville-based EOA Architects to design the 24-unit residential building, to be called Water Tower Condominiums. EOA will go before the Metro Development and Housing Agency Design Review Committee Tuesday morning to seek approval of the project's concept plan, with approval needed given the 0.5-acre parcel sits within MDHA's Phillips-Jackson Redevelopment District.
Devine could not be reached for comment.
With an address of 700 First Ave. N., the North Capitol property is as noteworthy for its owner as it is its distinctive location next to a historic CSX train bridge.
In the past, Devine undertook residential development in the Los Angeles area and has even done some work in conjunction with The Walt Disney Co. Of note, he is the son of the late, and legendary, Hollywood character actor Andy Devine — who appeared in more than 75 films and on various television series, including Batman, Bonanza and The Twilight Zone. He is also the father of Adam Patrick Devine, himself an actor and the creator of the Comedy Central series Workaholics.
Read more here.
Last week, a Nashville-based development entity led by Travis Kelty acquired for $5.26 million the 1.8-acre Division Street site on which it plans a mixed-use high-rise.
Kelty and his team are eyeing the $75 million 23-story Crescendo for the site, which includes the building home to Myers Flooring. The partnership created Highpoint Division Partners for the acquisition of the property, which straddles the edges of both The Gulch and SoBro.
Crescendo would include 303 apartment units with ground-level retail shops and restaurant space and an attached 600-space parking garage. The building is projected to be 350,000 square feet.
Post Managing Editor William Williams caught up with Kelty to get a quick update.
What is the next step?
We need to finalize the design plan and determine if we’re going to have the building be 23 stories. If so, we will need a specific plan zoning.
Are all the players (including the Nashville office of Gresham Smith & Partners) previously reported still involved?
On that theme, why did you choose Atlanta-based architect KPS?
They were referred to us by our general contractor (Roy Anderson Co. of Gulfport, Mississippi, an affiliate of Tutor Perini Company)
How is the effort going to finance the project?
The first step is to secure the project equity and a development partner. Arranging the debt [via a lender] will follow.
Are you considering condos?
We are designing the units as high-end rental apartments with condo amenities.
If all went well, when might you break ground?
We will need at least six months to do the construction plans. Then Myers will need to vacate the building so that we can demolish it. It could easily be eight months before a groundbreaking.
On that theme, work is now underway on the Division Street Extension. Your thoughts?
Our timing seems to be right with the commencement of construction on the new bridge that will connect SoBro with The Gulch. This bridge will provide great connectivity between the two neighborhoods. We have to give [former Mayor Karl Dean] credit for his forward thinking and vision for this area. The bridge will be a catalyst for the redevelopment of the southern part of SoBro and the southeastern quadrant of The Gulch. I believe that this area will transform in short order into a vibrant neighborhood for Nashvillians to live, work and play. I am confident that Mayor [Megan] Barry will carry this vision forward.
Giarratana Nashville LLC has tapped Chicago-based Archer Western Contractors to serve as general contractor residential skyscraper 505, for which the developer is targeting a mid-November groundbreaking, according to a release.
Archer Western is affiliated with Chicago-based construction firm The Walsh Group Ltd. Engineering News-Record ranked the entity No. 13 for the nation’s contractors based on revenues.
“The Walsh Group has built many of the most admired high-rise condominium and apartment towers in Chicago,” Tony Giarratana said in the release. “We are pleased to have Archer Western Construction join our team as general contractor for 505.”
The top one-third of 505’s 550 residential units have been designed to be potentially sold as condos, with the rest being marketed as apartments.
To be located at the southwest corner of of the intersection of Fifth Avenue and Church Street, 505 is being developed through a public/private
partnership with the Metropolitan Development and Housing Agency.
Chicago-based Solomon Cordwell Buenz is designing 505 will feature 45 floors and is expected to be completed in late 2017. Preliminary site work is nearly complete.
Ramsey eyes Williamson property for campus
Brentwood-based Ramsey Solutions, the company of financial advice guru Dave Ramsey, has under contract some Williamson County property on which it plans a 47-acre campus, Nashville Business Journal reports.
The campus is expected to accommodate upwards of 180 employees the company plans to hire during the next year. Ramsey Solutions currently operates in the Cool Springs area.
Read more here.
Ex-muffler shop to soon serve tacos
Chef Jonathan Waxman (he of Adele's fame) and various business partners plan a Bajo Sexto Taco Lounge to operate from the Charlotte Avenue space once home to Batey Muffer Center, The Tennessean reports.
The building is located at 5303 Charlotte Ave.
A Bajo Sexto opened at the Country Music Hall of Fame and Museum earlier this year.
Read more here.
Atlanta-based The Residential Group plans to open next month its now-named One MetroCenter Apartments in North Nashville.
Relatedly, the Atlanta-based company has tapped Pegasus Residential, which is also based in Georgia’s largest city, to handle management of the 320-unit apartment building. The property is located at 45 Vantage Way in MetroCenter.
Of note, the four-building One MetroCenter Apartments is the first residential development of its type located east of Rosa Parks Boulevard. Kurt Alexander, Residential Group principal, said a leasing trailer is now on the site.
“We will have our first move-in in the beginning of September,” he said.
One MetroCenter Apartments units will average 881 square feet, considerable larger than the average units found in apartment buildings located in downtown and Midtown. Units will rent for, on average, $1.75 per foot, Alexander said.
The Residential Group, which developed the 244-unit West End Village at the southwest corner of 31st Avenue and Long Boulevard in West End Park, has teamed with Horsepower Realty on One MetroCenter Apartments.
The Metro Planning Commission on Thursday voted to approve rezoning for two key projects: The Manning at Belle Meade (read here), pictured, and Evergreen Real Estate’s townhome development eyed for the Blair and Belmont boulevards intersection (read here).
In addition, the commission voted to approve a request to revise the preliminary plan and final site plan that will allow the Metro Development and Housing Agency to undertake a four-story 68-unit apartment building at Cayce Place Apartments in East Nashville.
Atlanta-based developer Pollack Shores Real Estate Group announced earlier this weeks its plans for a mixed-use building (apartments and retail) for the North Gulch.
Post Managing Editor William Williams caught up with Michael Blair (pictured), the company’s managing director of development, to discuss the form and function of the future building (read more here).
When will the Gossett building be demolished and when do you expect to break ground?
The Gossett sign has already been removed so that we can preserve and re-use it as part of our new project. More prep work associated with the demolition will commence next week, with physical demolition of the building to start by the beginning of June. Following the demolition, we will break ground this summer with the sitework, utilities and building foundation activities.
Where will the retail be positioned?
The majority of the retail/restaurant space will be along 12th Avenue starting at the building’s corner at Grundy. The Church Street Viaduct frontage will include our leasing office and specific resident amenities, such as fitness center and mailroom, as well as a few live-work units near the intersection of Church and George Davis Boulevard.
What are the minimum and maximum number of retail spaces you anticipate?
Although that has not yet been finalized, I would expect there may be at least two retail spaces, and possibly up to four spaces, along the 12th Avenue frontage. Our design for that portion of the building allows for that flexibility given the multiple storefront access points.
Explain the connectivity to and interaction with the Church Street Viaduct.
The surface parking lot between the Gibson building and our new building will remain. We will provide a new curb cut location on Church Street that allows for both resident and visitor access. This arrangement will provide pedestrian and vehicular access to the building from the Church Street Viaduct.
The streetscape along 12th will continue under the viaduct. As you continue north on 12th towards the viaduct, we are planning some outdoor use, such as a dog park, to help activate 12th under the viaduct and to help screen our parking structure. Adjacent to that outdoor space, we will also have a building access point on 12th that provides residents with access to other amenities, including bike storage, dog spa, and a multipurpose music/rehearsal room.
Where could the Gossett sign go?
We’re not sure yet, but we are considering possible exterior locations that may be permitted, as well as interior locations such as inside our two-story clubroom.
Given you have an interesting site that allows much connectivity to the public realm, how many building access points do you envision?
The primary residential access points will be through the main leasing/lobby space on the Church Street Viaduct and through the corner lobby at 12th and Grundy. It’s important that we engage all four sides of the building and the streetscapes at each frontage. Residents will also have vehicular access to the parking structure (with entrances off both 12th and Church). However, there will be multiple secondary access points around the building.
What will be the primary materials for the exterior?
Primarily masonry (a mix of split face block and brick) at the base of the building with fiber cement panels above at upper residential levels. We'll use glass storefront at the retail space.
When will you provide a name for the building? Could you call it The Gossett, for example?
I would expect that we will have a name within the next 30-60 days. Incorporating “The Gossett” into the name is certainly a possibility, but we are in the process of developing some preliminary concepts and branding for the property, which includes different names and logos.
Will the building comprise the entirety of the footprint and, if not, will there be some green space and/or a hardscape pedestrian area?
The overall building footprint will take up most of the block. This is fairly typical of an urban development such as this to ensure that the building connects with the streetscape. The residential and retail pedestrian traffic created by this type of design are very important to the activity of the block. Within the property, we will have three distinct courtyards that will provide different resident amenities, including swimming pool, outdoor kitchen, bocce court and other multipurpose outdoor spaces.
What entities will participate?
Our architect is Poole & Poole Architecture, with Beasley and Henley providing interior design. The general contractor will be Cambridge Swinerton. Littlejohn will serve as the civil engineer and is doing the landscape/hardscape architecture as well.
(Image courtesy of Pollack Shores and Poole & Poole)
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