SouthStar will sell Ovation land, exit project

Franklin-based SouthStar is slated to sell by month’s end the final piece of land it owns related to the proposed Ovation mixed-use development in Cool Springs, Nashville Business Journal reports.

According to NBJ, the prospective buyer is Bristol Development Group, which is also based in Franklin, know for its residential projects and previously connected to the Ovation effort.

SouthStar already had sold for $30.9 million 35 acres to Atlanta developer Thomas Enterprises Inc.

The Ovation site sits across Carothers Parkway from the land on which Vanderbilt University Medical Center operates many of its Williamson County outpatient services. It is located southeast of the prominent parcel on which Spectrum|Emery Properties is developing its Franklin Park project, which will over time also bring to market more than 1 million square feet of office space.

As planned, Ovation could include buildings spanning 480,000 square feet and accommodating retail, restaurant and entertainment venue space, two hotels with a collective 450 rooms and 950 residences. 

In addition to Bristol, Highwoods Properties is involved in Ovation.

Read more here about the looming sale and here about the project in general.

Oct 7, 2015 7:20 AM

Butler Snow hires ex-Highwoods COO in Memphis

The management advisory arm of regional law firm Butler Snow has added to its ranks Mike Harris, the veteran real estate executive who retired last month as COO of Highwoods Properties. Harris has since movd back to Memphis from North Carolina and is a principal at Butler Snow Advisory Services, which also has a presence in Nashville.

 "Mike will bring broad and valuable experience to Butler Snow Advisory Services, and will spearhead our continued growth in the Memphis and Mid-South markets," said Matt Thornton, president and chief executive officer of BSA. "Mike played a significant role in the highly regarded senior leadership team at Highwoods, and we are thrilled to provide his strategic and transactional expertise and knowledge to our team, and our clients."

Sep 29, 2015 11:14 AM

New image for Bridgestone tower shows activated corner

The development team behind the Bridgestone Americas skyscraper now under construction in SoBro has an updated informational packet that shows an image of the tower's base. The rendering shows the northwest corner of the building at street level (at the intersection of the southeast corner of Demonbreun Street and Fourth Avenue South) and with notable pedestrian space. Read more about the project here.

(Image courtesy of Highwoods and Perkins + Will)

May 7, 2015 7:03 AM

MDHA to vote on Bridgestone tower design

One week after announcing it plans to develop a 30-story skyscraper to accommodate Bridgestone Americas' headquarters, Highwoods Properties will take the first step toward landing various needed government approvals.

Today, the company goes before the Metro Development and Housing Agency’s design review committee to seek approval for the planned tower’s exterior design. MDHA approval is needed given the Bridgestone building will rise (at 200 Fourth Ave. S.) within the agency’s Rutledge Hill Redevelopment District.

Similarly, Highwoods will still need Metro Council and Tennessee State Board of Equalization approval related to incentives. The site is already appropriately zoned for the 460-foot-tall highrise.

Highwoods is hoping to land approvals and secure permits so as to break ground no later than mid-January 2015.

Read more about the project here and check back with the Post later today for the MDHA vote result.

(Image courtesy of Highwoods and Perkins + Will)

Nov 18, 2014 6:45 AM

Highwoods highlights Bridgestone building with glossy presentation

Highwoods Properties has assembled a comprehensive presentation related to the 30-story tower it plans for SoBro and to house Bridgestone Americas' headquarters. Among other things, the package details the building's floor plates — some of them will be more than 31,000 square feet — and the 15 floors of parking, four of which will be below ground.

The included video, in particular, is worth watching. Take a look here.

(Image courtesy of Highwoods and Perkins + Will)

Nov 12, 2014 1:13 PM

VU renews big West End lease

Vanderbilt University officials have renewed their big lease at the prominent 3401 West End Ave. office building located near Interstate 440. The building is owned by Highwoods Properties, executives with which say the VU renewal was the largest single renewal they had before them between now and the end of 2015. Vanderbilt takes up 199,000 of the building's roughly 250,000 square feet of space.

Oct 21, 2014 7:14 AM

AIG to add 200 jobs here in coming years

Financial services titan to lease space in planned Seven Springs building
Sep 2, 2014 11:26 AM

Brookdale adding Brentwood space

Senior living community operator ramping up ahead of Emeritus acquisition
May 29, 2014 6:36 AM

Real estate notes: Highwoods lands tenant for Harpeth on the Green V

Also: Gulch building to be rehabbed for eatery; Mid-South Wire acquires Visco building for $3.7M
May 28, 2014 2:17 PM

Kirkland's HQ headed to Maryland Farms

Retailer taking twice the space it now has at Two Rivers
Apr 21, 2014 2:16 PM