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nashwatcher

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Posts posted by nashwatcher

  1. Just now, markhollin said:

    The 6 story, 265 unit/ground level retail/internal garage residential project behind the L&L Marketplace at Charlotte & 38th Ave. North has been nixed by the developer, Terwilliger Pappas.

    More behind the Nashville Post paywall here:

    https://www.nashvillepost.com/business/development/project-planned-for-sylvan-heights-nixed/article_bf384194-d852-11ec-bf95-535464721b29.html

    Screen Shot 2022-05-20 at 3.01.22 PM.png

    Who owns the lot, think someone else will step in here?

  2. 6 minutes ago, markhollin said:

    The .46 acre surface lot at 914 3rd Ave. South (which also borders on Lafayette St.) has sold for $4.5 million by Mainland Companies to Madison Capital Group, primarily an apartment developer out of Charlotte. Before sale, the site had been marketed for a self-storage facility. Madison Capital also has developed some storage projects.

    More behind the Nashville Post paywall here:

    https://www.nashvillepost.com/business/development/property-on-downtown-s-fringe-sells-for-4-5m/article_8e97d6ba-d214-11ec-99dc-630b84f983da.html
     

    Screen Shot 2022-05-12 at 1.13.02 PM.png

    Why do we think Madison Cap will do self storage instead of apartments?

  3. 14 hours ago, smeagolsfree said:

    I also smell a new interstate interchange at that location as well to take pressure from Shelby St. This is just speculation on my part. There is no way to enter the Interstate from that area as Fessler's is an exit only, so there could be at least an entrance ramp built in the area.

    Think they’ll redo the Fesslers interchange? We definitely need to improve traffic flow as our city grows

  4. On 10/26/2021 at 12:06 PM, smeagolsfree said:

    Again, if you look at the DTC for Rutledge Hill and the Lafayette sub district and what they are doing with the Rutledge Hull Mixed Use project and the 2nd & Peabody projects, all bets are off. They asked for a DTC modification which changes the DTC for that particular parcel.

    The same could be done here. If you look at the Cumulus site the tallest under the DTC allowed was only 11 stories, so in effect this could be the model used for almost any parcel in SoBro now.

    Makes sense. We really are fortunate to have so many investors with deep pockets willing to invest in quality architecture (2nd and Peabody for example). Hopefully we get more projects like this in the area.

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