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philcobizzle

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Posts posted by philcobizzle

  1. 18 hours ago, MLBrumby said:

    Did I remember correctly that the man who bought Hickory Hollow mall about 10 years ago paid some ridiculously low price for it? Anyone here have the deets on that deal? 

    Yes, CBL & Assoc. sold the 600k+ sq ft of the interior mall to the Aggarwals for $1M in 2012 after they expressed interest in only buying a small section for a medical office, essentially making them mall owners by happenstance.

    Supposedly, they tried to put it up for sale in 2014 with CBRE, but maybe a better sleuth can see if it sold. I don’t see any proof that it did… 

    Then, in 2019 tenants were told to vacate due to “pending construction” around the time Freeland expressed interest in the property. 

    So it has supposedly been vacant since then?

    In March ‘19, Metro Codes found violations ranging from “dangerous” potholes to graffiti, junk, and debris.  I can’t say I frequent the place, but I cannot imagine that the Aggarwals or their company invested even close to the difference in price that Metro is looking to pay. 

    So, I wonder if this $24M is appropriately valued.

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  2. Surprised they are not moving their retail store as well. It will be a welcome addition to the HBV neighborhood. Glad that the city addressed the crosswalk in that area — however still an area where speed needs to be addressed. 

    22 hours ago, markhollin said:

    The Crossroads Campus at 1601 Buchanan St. will be a 3 building (two at 3 stories, one at 1 story) on .2 acre featuring office space, 18 residential units, a cafe, bakery, and pet grooming salon being developed by Crossroads Pets.  Moody Nolan is the architect. Plans are to start construction by year's end.

    More behind the Nashville Post paywall here:

    https://www.nashvillepost.com/business/development/article/21142913/details-emerge-for-buchanan-street-project

     

     

    Crossroads Campus, Aug 19, 2020, render 1.png

    Crossroads Campus, Aug 19, 2020, render 2.png

    Crossroads Campus, Aug 19, 2020, render 3.png

    Crossroads Campus, Aug 19, 2020, diagram.png

     

     

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