Broadway site last home to Mazda dealership sells for $13.4M

Austin developer targets mixed-use project for site
Aug 13, 2015 3:17 PM

Industrial Strength Marketing moving to Germantown

Agency tripling space in Werthan relo
Aug 13, 2015 7:22 AM

Massive SoBro property listed for sale

Site fronts footprint of future Division Street Extension
Aug 11, 2015 1:53 PM

Vandy reveals $10M baseball facility upgrade plan

The Vanderbilt University Board of Trust has approved $10 million to upgrade the Commodore baseball facility in a move to not only just keep up with the college Joneses but to persuade signees from going pro just out of high school.

The project will see Memorial Gym expanded to a point just beyond the left field wall of Hawkins Field, with batting cages relocated to an existing below-ground level of Memorial.

Relatedly, the ground level and top floor of Memorial will be renovated and expanded for "a state-of-the-art classroom," cardio room, expanded weight room, recruiting area and coaches' and staff offices. The weight room will be nearly double the size of the existing baseball weight room and will also be used by the university's basketball teams. There will also be a larger locker room to serve former Commodore players who return to train and mentor current players.

"We have placed the emphasis of this project where it should be — on the student-athletes," said David Williams, VU athletics director and vice chancellor for athletics and university affairs. "The new additions are designed to benefit them the most."

"First, we recruit elite high school baseball prospects who often are choosing between us and professional baseball," Williams added. "It is important that our facilities help them develop to their full potential. It is also imperative that we identify young men with strong academic interests because we all know our program develops more than just baseball skills.

Williams said VU wants "a welcoming and quality home" for former Commodores who are now professionals and return to the campus to train during the off season or to finish academic requirements.

More renderings and informaton are here.

 

Aug 11, 2015 12:47 PM

Another Midtown property hits market

One of Midtown’s more distinctive buildings is now for sale, thus continuing the hot real estate activity in the bustling district located west of downtown.

The property, listed for $2.5 million, is located at 1418 Church St. and recognized for its building’s unusual shape and color scheme. Spanning 9,729 square feet, the structure underwent an adaptive reuse update in the mid-2000s during the time when Nashville’s urban infill focus was developing some traction.

The building’s first floor serves as an events space; its second floor is home to three apartments. Kellie and Jerry Bryson own the property, having acquired it in June 2005 for $255,000.

Todd McGlamery of National Restaurant Properties has the listing.

The property is the most recent Midtown site to be listed for sale. Last week, the owners of the site home to Corner Pub Midtown listed their property (read more here).

 

Aug 10, 2015 1:14 PM

Permit Patrol: 10 August 2015

Work to be done in Antioch, downtown, Germantown, Gulch, Midtown, Vanderbilt
Aug 10, 2015 7:00 AM

Update on SoBro (the tower and not the district)

There has been some confusion regarding the eventual height of SoBro, the luxury apartment building under construction at the southeast corner of the intersection of Demonbreun Street and Second Avenue.

An article in JLL’s The Investor noted SoBro could push nearly 400 feet. Relatedly, some local manmade environment enthusiasts (including this writer) have speculated the 33-story high-rise would stand at least 360 feet.

However, Giarratana Development officials told the Post on Wednesday that SoBro will top out at 341 feet. If standing today, the skyscraper would be Nashville’s 12th-tallest building, ranking behind the 354-foot-tall UBS Tower and ahead of the 300-foot-tall Sheraton Nashville Downtown.

WMG Realty Holding Co. is the project developer and comprises Wanxiang America Real Estate Group, Magellan Development and the aforementioned Giarratana Development.

Click here to read the JLL article, which offers an interesting look at banks providing loans for skyscraper construction.

 
(Image courtesy of WMG:
This perspective shows SoBro as positioned at the corner of Third and Demonbreun. The little cream building seen here on the corner no longer stands and is being replaced by a six-story brick building to be home to The Diner)

Aug 6, 2015 1:11 PM

Corner Pub latest Midtown property to hit market

Popular Broadway bar to operate through spring
Aug 6, 2015 7:00 AM

Servpro to expand Gallatin HQ

Franchisor plans to hire 200
Aug 5, 2015 11:31 AM

September opening slated for MetroCenter apartment development

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.

Aug 5, 2015 2:25 AM