Capitol View in North Gulch site sees activity
Erosion barriers are in place at the Capitol View site on which Northwestern and Boyle Nashville are eying a mixed-use project.
The team is targeting a year's end construction start on a $90 million, six-story building (pictured) to be located at the northeast corner of the intersection of 11th Avenue North and Charlotte Avenue in the North Gulch.
Project officials could not be reached for comment.
Demo underway at Midtown site planned for tower
Full-scale demolition is underway on the Midtown site for which Lennar is targeting a mixed-used 19-story tower to be called M Residences.
Read more about the project here.
Goodyear building razing looms; hotel projects might follow
The SoBro building last home to Goodyear is having remediation work done as Fillmore Capital Group preps to raze the structure to make way for a planned Cambria Suites hotel project.
Read more here.
Core targets start for Five Points-area project
Nashville-based Core Development is targeting a January start on a residential project slated for a site located near Five Points in East Nashville, Nashville Business Journal reports.
The Nashville-based developer is eyeing 17 townhomes and six flats for the site, which it acquired from LIV Development and is located on West Eastland Avenue about one block west of Gallatin Road.
Read more here.
Waters to step down at Turnberry
Veteran hotel industry executive Ray Waters has resigned from Turnberry Associates, the Aventura, Florida-based developer eyeing a 35-story JW Marriott for SoBro, Nashville Business Journal reports.
Waters, who most recently served as president of Turnberry’s hospitality division and is recognized locally for his work with Hilton Nashville Downtown, told NBJ he is weighing various options.
Read more here.
Beaman sells Antioch land for $5.5M
Century Farms LLC, a partnership affiliated with Nashville-based Oldacre McDonald, has acquired about 132 acres of Antioch land for $5.54 million, The Tennessean reports.
Nashville automotive dealer Lee A. Beaman was the seller.
Century Farms is eyeing a massive mixed-use project on the site.
Approximately 2 million square feet of office building space was under construction within the Nashville market by the end of the third quarter, a record high, according to a quarterly report compiled by the Nashville office of CBRE.
Specifically, Nashville’s office building space inventory grew by 368,000 square feet during the quarter with the addition of 1 Dell Parkway.
Three office developments were added to the under-construction total: Hill Center Brentwood (Phase I and II) and Mallory Park (Phase I), each located in the Cool Springs/Brentwood submarket.
Along with a high level of construction activity, at least four million square feet of Class A office space is currently in the pipeline , primarily located in the West End, Downtown and Cool Springs/Brentwood submarkets, according to the report.
Read the report here.
Gulch Crossing, the recently opened MarketStreet Enterprises-developed Class A office building located in The Gulch, has been awarded LEED Gold certification by the U.S. Green Building Council.
Gulch Crossing received LEED Gold related to its sustainable site development, water savings, energy efficiency, materials selection and indoor environmental quality, according to a release.
“From the beginning, we wanted Gulch Crossing to set a new standard of office buildings in Nashville through design, features and function that was still environmentally responsible,” Jay Turner, managing director of MarketStreet Enterprises, said in the release. “We’re proud to deliver a building that will help attract working talent to Nashville, creating a lasting impact on the city’s professional growth, not its environmental footprint.”
Gulch Crossing highlights include the following: an 18 percent energy usage reduction over conventionally designed buildings; 41 percent water use reduction (resulting in over 650,000 gallons of annual water savings); 72 percent reduction in landscaping water usage through water efficient landscape design; 81 percent (1,854 tons) of construction waste was recycled; preferred parking is provided for low emitting vehicles and fuel efficient vehicles; and reduction of the area’s heat island effect is achieved as 90 percent of the parking is under cover and 75 percent of the building’s roof is highly reflective.
From the release:
MarketSteet worked with local firm, SSR Sustainability Consulting, to help manage the LEED certification process. “We were fortunate to work with MarketStreet, an owner committed to developing a building with a strong community presence while maintaining a low impact on the environment,” said Eric Sheffer, principal at SSRCx. “Gulch Crossing does just that, easily integrating itself into the surrounding sustainable community while standing apart with its unique design and features.”Extensive consideration was taken in the architecture and design of the building to ensure that the modern elements were environmentally efficient. For example, the building’s exterior is highlighted by cedar accents designed to pay homage to area’s past as a railroad yard. The Forest Stewardship Council certified 96 percent of the cedar used, helping the building to receive high marks for a difficult credit. Additionally, MarketStreet worked closely with the architects at ESa to ensure that the modern architecture, including the use of floor to ceiling glass windows, did not compromise the energy efficiency of the building. Eric Klotz, AIA, who served as ESa’s Senior Design Manager of Gulch Crossing, says, “Core responsibilities of architects today include designing sustainable buildings and spaces that promote health and wellness. Gulch Crossing is the product of a team commitment of the owner and designers to providing a built environment that responsibly utilizes natural resources, products and energy.”
Nashville-based BNA Associates will go before the Metro Development and Design Review Committee Tuesday to seek approval for exterior updates — including what could be an eye-catching neon rooftop sign — for a proposed boutique hotel to be called The Fairlane and located in an existing building with an address of 401 Union St.
Bathed in travertine limestone, the modernist building to be reinvented is located at the southwest corner of the intersection of Fourth Avenue North and Union Street within the central business district (see the structure here courtesy of Google Maps).
Philip Welker, BNA co-managing partner, said the development team will soon begin undertaking cleaning and demolition work within the 12-story structure’s interior. Crain Construction is handling the work, with a permit valued at $300,000, according to a Metro Codes Department document.
Welker said Nashville-based Manuel Zeitlin Architects is handling the architecture, with Reunion Goods & Services, a New York City-based company, to oversee interior design efforts. Civil Site Design Group is the civil engineer, with EMC Structural Engineers (structural), MP&E Engineering (mechanical, plumbing and fire) and Kidwell Engineer (electrical) also contributing.
As to the exterior, the most noticeable proposed change involves a large neon sign that would, if approved, cap the 1972-opened building. Nashville-based Sideshow Sign Co. has designed the sign.
Relatedly, Welker said the team will replace all the building’s glass to yield a more environmentally efficient structure. In addition, the design calls for the moving of the building’s main entrance from the corner to the middle of the building fronting Union. That entrance is to offer valet parking and a canopy. A secondary entrance fronting Fourth Avenue would remain.
“We feel comfortable about the proposed exterior updates and we are hopeful the MDHA committee will, too,” Welker said.
The team is not yet ready to disclose a construction timetable, opening date or brand, but Welker said the hotel will contain 72 upscale rooms, a penthouse and a “signature restaurant” on the fourth floor.
The property falls within MDHA’s Capitol Mall Redevelopment District and, as such, the exterior changes to the building require committee approval.
(Image courtesy of BNA)
Healthcare Realty Trust has released an image for and will break ground this week on its 907-space parking garage to accommodate Midtown Medical Plaza I and II in Midtown.
In addition, the Nashville-based medical office real estate investment trust has released an image of the 10-story garage, to be located in the 2000 block of Hayes Street. Nashville-based Gresham Smith and Partners is handling design.
Carla Baca, HRT director of corporate communications, said GS&P has designed the garage to include a covered pedestrian bridge that will connect to the third floor of the medical plazas and, ultimately, to Saint Thomas Midtown Hospital. If standing today, the garage likely would be one of the largest such facilities in Midtown.
An August 2016 completion is targeted.
Relatedly, Healthcare Realty Trust is undertaking an expansion, renovation and new construction on the aforementioned Midtown Medical Plaza I and II (which act as one building). The new construction will yield a building to sit at the southeast corner of the intersection of Church Street and 21st Avenue North a half block north of the parking garage. The site previously was home to a structure that housed, among others, Saint Thomas Midtown Hospital’s fitness center.
The two Midtown projects will carry a price tag of a collective approximately $50 million.
Read more here.
(Image courtesy of HRT and GS&P)
Officials with Wexford Science & Technology have chosen Nashville-based Southern Land Co. to build the first apartments at their massive uCity Square project in Philadelphia. Southern Land will construct a roughly 300-unit building as part of Wexford's $1 billion plan to develop a large mixed-use campus around a business incubator and research hub.
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