mundiejc

Those are Meharry Medical student housing. Unless students stop living there, I doubt your prediction comes true.

Last night, a project that my father and I have been working on for 8 months finally made it through Third reading. We're moving on civil and architecture now and hopefully will be breaking ground soon. This is a cottage court, tentatively named Lacy Court, at the corner of Lacy and 23rd Ave N. Its currently a giant block of concrete, so we're excited about some development on a blighted parcel that is revitalizing, without displacing, as well as mitigating a pretty serious stormwater concern. I'm especially excited since its 200 yards from my house. Centric is doing our plans. These attached renderings aren't final, but they are pretty close to the design of the homes. The placement is correct though as this is the site plan from the approved SP. Lacy Court.pdf

Prices are leveling out now. If you overprice, you aren't selling now. Buyers have more options than in the last couple years as inventory has caught up (especially on the fringes of the hottest neighborhoods). But when you hit the right price, the buyers start coming in droves. Also - much of these values are based on location as much as home quality. You can see it well in East Nashville. If you are in an area that is walkable to lots of retail, your values are going to be strong. But the parts of East and Inglewood that aren't now, and probably won't ever be conveniently walkable, prices are considerably lower

Its not my favorite design - but I think most of the money went into the main infrastructure. This was all steel beams... no stick framing on this thing. For at least that, I am appreciative. This is DJ's first project of this scale, and I'm listing some spec homes he's designed, and they are much better. So we'll see with his other properties what ends up happening.

The two duplexes in the middle were built before the crash. They are hideous, I agree. Rumor has it that it was built by a Titan's player who maybe got cut eventually? They went into foreclosure and I believe someone picked them up for under 100 per side. The others being built are all new construction. Its very consistent with the styles and finishes going on in east, 12south, and wedgwood houston. There is no historical overlay in HBV or North Nashville, so people can build whatever they want. They aren't selling quickly, but they are pushing price points in the mid 400s for between 1800-2000 sf... so they may just be a little early. Just for clarification purposes. Salemtown and Germantown are between the river and Rosa Parks, north of Jefferson, south of I65. HBV is West of Rosa Parks, North of Jefferson, and bordered on the west and north by I65. North and West of there has a bunch of different neighborhood names according to google. But it seems that they are generally getting lumped together as the Buchanan Arts District. The neighborhoods themselves are kinda small and since they are all anchored by Buchanan, it makes sense to me to group them together that way.

We've been discussing on the Buchanan St Neighborhood page on Facebook. I've done quite a bit of googling. The woman who wants to do this is right out of college. She did go to Brown, so maybe she's got a Trust Fund or something, but no bank will loan money for something like that unless she's got a pile of her own cash. Surely she at least has enough to purchase the property. I can't imagine the listing agent accepting a contract for something like that without a good funds letter. I would love to see Bud's Curb Market gone though. That place is a nuisance.

Just did a drive around today in North Nashville to count the new construction - in the area north of Jefferson, East of Ed Temple, West of I65 and South of Rosa Parks, there are over 150 new builds somewhere between being staked and completion. There are also 3 SP applications pending, and one Active (a luxury row home development at 9th and Dominican/Cass) When I moved over here, I never anticipated that this would be happening this quickly.

This is in the wrong thread. This is east Nashville. I know you're a mod, but you keep repeatedly including mcferrin and Cleveland park in north when it's always been part of east.

Shouldn't both of these be in the east nashville thread? McFerrin and Cleveland Park are considered East Nashville. Used to be North Edgefield

New DJ Wootson project news DB Todd and Jefferson St

It was me that posted it. Getahn publishes his stuff on the north nashville Facebook group as soon as it goes to press.

I think this has been discussed before, but this is the most detailed article I've seen. NW corner of Rosa Parks and Garfield. Gateway Germantown

I have a friend who works at the FDIC who says that they are telling banks to slow down on luxury multi family stuff and encouraging more affordable multi family. And just to add to everything.. northwest of 65 in North Nashville, things are exploding. One block on Delta behind the convent now has permits pulled and work having started on 6, with at least four more that should begin in the next 3 weeks. Throughout the rest of the neighborhood, there are at least 20 others that are somewhere between permit pulled and almost completed and all seem to be selling between 180-210 a foot. Unbelievable.

I just noticed that Cottage Partners LLC who has been discussed here before owns the old Herman Street Apartments. They've just pulled like 2 million of rehab permits on the property. Anyone know anything?

If you're looking at appreciation... when an area goes from prices being set in the "no one wants to own here range" to the "people actually want to own" range, the price increase, on a percentage basis, can be pretty steep. its just like north nashville over the last 3 years. 3 years ago you could get a basic, but move in ready house, 1100 feet or so, for 50-60k. Now that same house will go in the high 90s or low 100s (depending on exactly where it is in the neighborhood). Thats like 100% price growth, but over all, its not that much.