The Nashville investor behind the Virgin Hotel planned for Music Row is exploring alternative options for the property, according to the Nashville Business Journal.
Plans for the Virgin Hotel were first announced in 2014, with renderings released last January. The Business Journal reports construction executive Dean Chase, who owns the site and is in charge of raising money to build the hotel, is sizing up other development possibilities for the prime spot just off the Music Row roundabout — even though Virgin officials say they're still working to move the project forward.
To be clear, Chase's preference remains doing a deal with Virgin, according to sources. Exploring other options does not preclude the possibility that a Virgin Hotel will wind up appearing on this site, though at best, the hotel now wouldn't open until 2017, which is later than originally stated.
Additional options could include office buildings, apartments or condos. For the full article, click here.
Two months after Metro officials ordered the redevelopers of a Sylvan Park building to stop work because they were not conforming to previously approved plans, the restaurant team led by Etch chef Deb Paquette is looking for another spot — and in another neighborhood — to bring to life its vision. Dana Kopp Franklin has many more details at our sister blog, Bites.
Below is a rendering of what Priam Ventures had hoped to bring to market at 46th and Utah avenues. Here's our previous coverage of the stalled project.
Deloitte is targeting mixed-use building Gulch Crossing for its Nashville offices, Nashville Business Journal reports.
According to NBJ, which cites multiple sources, Deloitte is finalizing negotiations to lease space in the 205,000-square-foot building, which opened in July and is about 70 percent leased.
Of all accounting firms based in Nashville or not, Deloitte has the largest local presence. The company operates in offices both in Hermitage (at which a large IT team is based) and downtown.
Read more here.
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