nashwatcher
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Posts posted by nashwatcher
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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
Why do we think Madison Cap will do self storage instead of apartments?
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Any rumors what might be developed at 5330 Charlotte (home to Great Escape) that Elmington paid $17 million for in January? It's such an underutilized site currently
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5 minutes ago, smeagolsfree said:
This is one I have had my eye on for some time. Core drilling and surveying had been done 6 months ago.
Any idea what might go here?
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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
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Seems like economic development would be a very good thing for that area…instead of just leaving it to be a ‘mess’
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24 minutes ago, downtownresident said:
Freddie O’Connell, who represents Napier, is very much opposed to the new bridge.
Why would he be opposed? Seems like it would bring development and growth to that area…
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Love this plan. Seems like a wise investment in our city’s future
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Land banker means he'll just sit on the property until he gets a higher offer? Do land bankers help the timeline for development (actively market properties) or do they usually just sit on them for a while and slow the pace of development. Just curious
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35 minutes ago, smeagolsfree said:
East Bank stadium out. MC Stars now looking to N Nashville.
Nashville still hopeful to bring in MLB, focus shifts to possible stadium location | WKRN News 2
How about PSC? Seems like could be a huge win all around…
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Any idea what’s going to happen to the little houses directly next to this project?
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If plans have been submitted to Metro for the 2 acre Third and Lindsley site, do we know the size of the apartment building? Any idea if it’s going to be a 6 story standard or a taller structure?
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Just bc they market the property as a good spot for self storage does that actually make that the probable use
Whoever buys the land will decide right??
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Doesn’t it seem a little underwhelming for a 2 story structure when they’ve spent all this money to assemble a large area to develop?
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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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16 minutes ago, markhollin said:
Park Place Nashville is now the official moniker for this development. You can actually become an investor if you like:
https://join.crowdstreet.com/deal/park-place-nashville?utm_source=facebook&utm_medium=CS-Evergreen-Accredited-Location&utm_campaign=Lookalike_Tennessee&utm_content=Image_park-place-nashville_v1_2916&hsa_acc=961098310731910&hsa_cam=23847990731710290&hsa_grp=23847990732390290&hsa_ad=23849861088060290&hsa_src=fb&hsa_net=facebook&hsa_ver=3&fbclid=IwAR0jb2xEwbzMPcKhOcWzB-pRkxA_SA4UPGFDqO6MmXpJP3a4f-RrO5Ns38wDoes this indicate they're having a hard time getting financing?
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Any guesses when this might break ground?
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Was MDHA approval a big hurdle, any idea the odds this gets approval at planning?
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Let me guess, 20-25 million for an acre?
I can't believe the 3rd and Lindsley 2 acre block hasn't sold
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I mean the developers next door paid like 35 million for the Cumulus land...I don't see them backing down from a few lawsuit-happy individuals who think they're entitled to their unobstructed views even though they're living in a downtown where tall buildings naturally go...do they really want to stop high quality development and stunt the beauty of this area so they can maintain their views for an extra few months before the buildings on KVB are built?
Crazy
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They're living in downtown Nashville. Development is going to happen.
You're getting beautiful buildings added to your neighborhood, a good amount of green space, and increased vibrancy. You're losing an ugly industrial, run down complex.
In life you should choose what you fight for. This lawsuit seems like such a waste of energy
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If he's leasing the property back to them, I wonder how long it will take for the property to actually get developed?
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Any word on Alto project on Murfreesboro Rd? Did it get height approval in the October meeting?
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16 minutes ago, smeagolsfree said:
Me thinks this is ONE Building on top of a garage!!!!!!!
3.9 acres is pretty big for one building…what’s a comparable in Nash?
Davidson West: Bellevue, Bordeaux, Green Hills, MetroCenter, Nations, N Nashville
in Nashville
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Who owns the lot, think someone else will step in here?