19th-century Music Row building demolished

Future of prominent site uncertain
Apr 16, 2014 4:16 PM
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Mixed-use development targeted for Germantown

Priam Ventures project to feature new construction, adaptive reuse
Apr 16, 2014 2:55 PM
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Florida company eyes $300M project for key SoBro site

Turnberry envisions development to include hotel, condo space
Apr 15, 2014 2:37 PM

Gibson Guitar's Massman Drive property sells, but company not going anywhere

Arizona company pays $15M for site, will lease back buildings
Apr 14, 2014 11:00 AM

GS&P to design HCA buildings in North Gulch

HCA executives have enlisted the Nashville office of Gresham Smith & Partners to design the North Gulch buildings that will house the hospital operator's Sarah Cannon Research Institute and Parallon Business Solutions divisions, according to multiple sources who asked to go unnamed. The Gresham website has no image of the buildings and no renderings have been released. HCA has yet to disclose the number of office towers it will construct at the 10.8-acre site on Charlotte Avenue. Read more about the project here.

Apr 11, 2014 7:00 AM

Launch Tennessee to move to downtown's Stone Building

Launch Tennessee officials announced today the company will move its office space to downtown’s historic David G. Stone Building, located at 211 Seventh Ave. N.

A public-private partnership focused on supporting the development of high-growth companies in the state, Launch Tennessee will operate on the building’s second floor, above the Innovation Center. 

“The energy and business diversity in this area makes the David G. Stone Building a perfect fit for Launch Tennessee,” Charlie Brock (pictured), Launch Tennessee CEO, said in a release. “With the Innovation Center in the same building, we will have a great environment to work directly with the entrepreneurs we support.”

The Innovation Center, which opened on the first floor of the Michael Shmerling-owned building (seen below) last November, contains about 10,000 square feet of meeting and collaborative workspace that assists small businesses, startups and early-stage companies as they develop. Flo Thinkery currently occupies the space as the company prepares for customization of its own facility later this year.

Henry Menge, managing director and principal broker at XMi Commercial Real Estate, represented the building owner in the lease negotiations. Tom Santi with Cassidy Turley represented Launch Tennessee.

"Adding Charlie Brock and his team to such a collaborative environment is a rare opportunity,” Menge said. “We feel that having them in the same building with other, unique entrepreneurs is a rare combination in the Nashville market.”

Launch Tennessee — which focuses on entrepreneurship, commercialization, capital and outreach — is funded, in part, by a state grant.

 

Apr 10, 2014 1:04 PM

If apartment rents here dip, it won't be for long

Jay Parsons at MPF Research has delivered an update on Nashville's red-hot apartment market, which produced year-over-year rent growth of 4.3 percent in the first quarter, one of the best numbers in the country. But all those construction cranes and work crews will soon give way to hundreds of finished units, which will push down both occupancy and rent growth about a year from now. But renters shouldn't expect that dip to hold: Parson says "market fundamentals could heat up again 2015 and 2016."

Apr 10, 2014 6:57 AM

Permit issued for Music Row Roundabout tower

Childress Klein Properties has secured a $3.9 million permit for its mixed-use building under construction at 1515 Demonbreun St. on the Music Row Roundabout. The permit includes foundation work for the 18-story tower, according to Metro Codes Administration Department documents. JE Dunn Construction Co. is serving as general contractor for the project, a name for which not been announced. Read more here.

 

Apr 9, 2014 12:40 PM

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

Maryland students win ULI contest focused on Sulphur Dell

A team of University of Maryland graduate students has taken top honors at the 2014 Urban Land Institute Student Urban Design Competition with its plan to redevelop Nashville’s Sulphur Dell neighborhood as a healthy community.

The UofM team, which will receive $50,000 for its efforts, topped groups from the Georgia Institute of Technology, Harvard University and the University of Texas at Austin in the 12th annual competition. Each of the three finalist teams will receive $10,000.

The UofM design, called Chords, proposes a partnership between existing private owners or property in Sulphur Dell and the State of Tennessee. The design “captured the experiences of a diverse group of people brought together by regional connectors, culture, living and fitness ‘strings,’” according to a release. The Maryland team's presentation board is available here and its narrative presentation is here.

This year, 163 teams comprising 815 students from 72 universities in the United States and Canada participated in the first round of the competition. Established with an endowment from long-time ULI leader Gerald D. Hines, the competition encouraged teamwork among future land-use professionals and allied professions, such as architecture, landscape architecture, urban planning, historic preservation, engineering, real estate development, finance, psychology and law.

Read more about the contest here.

 

 

Apr 4, 2014 11:37 AM