Work on proposed luxury apartment skyscraper SoBro continues to move forward as Chicago-based builder McHugh Construction is looking for office space near the site on which the tower will rise.
Multiple sources say McHugh, which has a long history of serving as general contractor on projects with SoBro co-developer Magellan Development Group, wants to find space in an existing building and from which it can interview subcontractors and manage contruction. Magellan, which is also based in Chicago, is partnering with Nashville-based Giarratana Development to develop the 33-story tower.
McHugh has served as the GC for various high-rise residential towers, most of them located in Chicago. (Read more here.)
SoBro would include 342 luxury rental apartment units, 378 parking spaces and more than 18,000 square feet of Class A, ground-level retail space. The tower is planned to rise adjacent to both the Encore condominium tower to the west and The Pinnacle at Symphony Place office skyscraper to the north. The building would be bordered by Demonbreun Street on the north, Second Avenue on the east and Third Avenue on the west.
The development team has enlisted Chicago-based Loewenberg Architects to handle design work.
Relatedly, a Giarratana Development official was seen today on the SoBro site with multiple Nashville Electric Service employees.
A property located at the intersection at which The Gulch and SoBro connect is for sale.
The site, home to a Carquest Auto Parts store, is located at 777 Eighth Ave. S. at the southwest corner of the Eighth and Division Street intersection (seen below in an image courtesy of Google Maps). Owner the Stillman family wants to ground lease the property and is asking $500,000 per year.
Arthur Perlen, Centennial Retail Services principal, is representing the family. He said the owner is open to selling outright.
“This particular property has enormous potential for all types of uses,” Perlen (pictured) said.
For example, Metro Planning Department regulations show that a residential building of up to 28 stories (20 floors by right and up to eight floors via bonuses for green space, affordable housing, etc.) is allowed on the site.
Those familiar with The Gulch say Eighth/ Division ranks among the top intersections in the fast-changing district, along with 12th Avenue and Division, the 11th and 12th split and 12th and Demonbreun Street.
The segment of Division Street that spans 12th and Eighth will soon see the opening of a Fairfield Inn & Suites by Marriott. In addition, Mainland Urban Development is eyeing a mixed-use project (read more here) to be sited between the buildings home to Rumours Wine Bar in Icon and Yazoo Brewing Co. Nearby, owners of Carter Vintage Guitars, Jackalope Brewing Co. and King Baby Studio have made major improvements to the buildings from which they operate.
On the SoBro side of the Eighth and Division intersection, significant work was done to reinvent the building now home to the Pour House. Relatedly, New York-based Harmolio LLC recently paid $3.53 million for the Voorhees Building.
Ron Brewer, Nashville chapter organizer of message board website urbanplanet.org, said the combination of the planned Division Street Extension and the numerous changes on the southeast fringe of The Gulch render the Stillman family site all the more prime.
“If a residential or mixed-use building is constructed on the site, that could be a game-changer,” said Brewer, who created and maintains a development tracker map (see here) that many of Nashville’s built environment professionals and hobbyists alike use for reference purposes. “The Gulch has pushed growth to the east, west and north. In the case of growth being pushed east, Metro needs to look at the pedestrian accessibility at the intersection of Eighth and Division.”
The Nashville Predators desire to drive more people into hockey got a boost Tuesday from Mid-South Ford Dealers when the sides announced a naming rights agreement for the ice rinks currently under development at Global Mall at the Crossings.
An official name for the project being developed and will be released at a later date. The facility at the former Hickory Hollow Mall is scheduled to open in August.
From the naming rights agreement release:
The rinks will be a springboard for creating new fans, ensuring more and more kids have the opportunity to get a hockey stick in their hands at an early age, as well as contribute to economic development in Southeastern Davidson County.
“Like the Nashville Predators, the Mid-South Ford Dealers are known for their commitment to community development in Middle Tennessee, and that is what makes this the perfect partnership," Nashville Predators Executive Vice President Chris Parker said. “Partnering with a world-renowned corporation like Ford will only strengthen our efforts to grow hockey and the economy in the Nashville area, and it demonstrates their continued belief in our product and organization."