G-townTN

^ Is it just me or does this design seem like it is out of the 70's and 80's.

I remember him saying last year that if this tower doesn't work than he has a scaled down building to put in its place. You have to think that before he started this project he knew what he was getting into. There are no other towers over 400 feet (I don't count the spires of bellsouth), there are no other major resedential buildings with such high prices, and there isn't a huge amount of people that will spend the money to locate their residence into this building. Tony is a smart guy, he understands that he is moving into new territory that he doesn't know how the public will react to it and therefore it is logical to think that he had two plans when he started. Granted plan B is not necissarily thoroughly planned out, but nonetheless it is there.

Ya'll all have great points, but I was using 2000 sf to put in perspective what you get for your money. Granted these condo might have gold leaf molding, but is it really worth the amount of money when you can spend that money elsewhere and get a higher return. I don't want to stray to far from the topic, but I just want to see how many people agree with me. It seems to me that they are trying to through way to many high-end condos in the downtown areas. I don't know if you can sustain an urban area this way. Just like a whole city I think every social class needs to be marketed towards. Granted Miami is prime example of the opposite of my argument, but that city is unlike any other in the world. With dwellings for most every social class this will bring in mcdonalds and other mediocre stores that keep people flowing. When regular people start walking the streets districts start to form; wealthy areas, areas with cafe's and museums, and etc. To me this is where true character of a city is formed. Do people really want a city that is comparable to belle meade with only rich people and not much character or do people want a lively city more a kin to san francisco. I guess to be honest maybe these districts will form on their own, but as the real estate is high it is going to keep out the regular people that give a city character. Does nashville want to be different than charolette and atlanta or the same? Nobody has ever said memphis or new orleans are typical cities, even miami or san francisco. They have found characteristics that set them a part and have stuck to them. (I am originally from memphis, so I still hold a special place in my heart for it.)

Those prices/sf are rediculous. A 2000 sf condo in the westend summit would be 1.5 mil and in signature tower would be 1.1 mil. A reasonable condo in the list above would be the encore, which a 2000 sf condo in there would be $650,000. That is still high, you can buy a nice big house in a nice neighborhood for that amount of money.

Jeepers you bring up a good point about "the best of the luxury residential developments around the country that I've seen don't focus on their skyscraper status to sell units." It seems to that in many mature cities high-end luxury condos sell because of the area they are in. I am not sure nashville is completely ready for a condo tower of the caliber yet. Other than the westend area, downtown and the gulch don't have the amenities (cafes, restaurants, stores for daily needs, etc.) that places like new york, chicago, and etc. have. I am pretty confident this will not be the case in a 10 to 20 years. If anything, I think the gulch or westend might see more high end luxury condos before downtown does, which is evident in what is being built right now. It seems to me that the gulch will pick up speed and in the future will be a high-end district of downtown. I also wonder if the roads of downtown could really even handle all the traffic residential untis will put on it. The downtown roads seem very narrow to me, much more than other cities I have been in. I wonder if people take this into consideration when they have looked at properties down there. Before I get to off the topic, is signature tower supposed to be a high-end or ultra high-end property? Is this what the west end summit is supposed to be targeting? I feel I need to add that I work in downtown nashville.

I have followed this project at a limited manner, so I am not really up to date on what is happening. Has anything new come up on this project? Will it actually be built or will Tony G scale the project back to a more reasonable height? If he does scale it back will it just become another tower or will people follow it religiously like they have the current 1000 foot tower? To me it seems as though the project is getting a lot of hype mainly because it is going to be the tallest tower outside of New York and Chicago, which will put nashville more so on the map. I figure the project will be loved no matter what by people in nashville, but without the hype from around the country will people be willing to spend $500,000 and up to live in building that doesn't really stand out that much when considering buildings in surrounding cities (mainly charlotte and atlanta). Please don't chastise me too bad due to my doubts about the project.

Can anyone confirm that 52 south main street has begun construction?