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Posts posted by DeemonBruhn
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So at 650K square feet this new building will only have 130K more square footage than their current building. With how fast they're apparently growing, and with how quickly they outgrew their previous home, it seems like they'd want to give themselves more room than that to grow, doesn't it? I mean if you're going to go to the trouble of replacing a thirteen year old skyscraper with a brand new skyscraper, it seems like you'd want to make sure it would be capable of filling your needs for awhile.
130k = Approximately 650 People. That’s a lot.- 2
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It would be great if the lighting on the outside of the building were upgraded to showcase the details for a full effect at night.
It also needs a good scrubbing.- 1
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Not a clue. I am surprised we are still getting announcements right now. I am actually shocked.
Announcements in this environment can be bluster to try to show people you mean business. The inability to get bank financing will unfortunately make many of these projects evaporate.
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The office building is not very interesting, especially when compared to others that are underway. Like... at all.
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They just wanted the entire structure to be visible in the renderings.
Then make it look urban, not silly.- 1
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It’s a very “flat” looking building in person.
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Getting close now! Once the garage skin goes on it looks like we are closed in.
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When that drilling happens. What are they looking for?
Bedrock? Anomalies like sink holes and other things like that?
They will spot drill every column location to ensure the actual bearing of the rock and where it is. That removes most of the unknown contingency for the foundation work.- 8
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Stunning!
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Looks just like the car centric lifeless developments in Buckhead.
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But really it doesn’t matter if they approve if cooper doesn’t?
If the DRC approves then Nashville Yards has the right to install.- 4
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^^I like that blue glass look. Looking around town, it seems we have blue, green, black and silver reflected glass on buildings. Is there any other color that you guys have ever seen? I know occasionally you'll see gold...but that was more of a 70's-80's thing...right?
There is a pink... not used widely for obvious reasons!- 1
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The PSC property would also need at least as much infrastructure improvement as Nashville Yards, not to mention environmental remediation. Metro shelled out $15.2 million for Nashville Yards, which was only 20% reimbursement of the $79.5 million Southwest Value Partners is paying for their site. It's possible Carl Icahn would try to stick Metro with a higher percentage of the work, since he is less eager to redevelop than Southwest.
Speaking of, it's important to note that having rights to redevelop a property is not the same as redeveloping that property. If the site held that much development potential it wouldn't need at least a $25 million subsidy to stop being a scrap metal yard. It's entirely possible that Icahn would move PSC, then sit on the lot for an undetermined length of time. He is in the holding business, not the development business.
Incentives are many times done as tax abatement and could be made dependent on construction commencement, certificate of occupancy, or other similar factors.- 1
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Some great posts here!
Oracle to Nashville was real. Can’t confirm if it is still is.- 1
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Peabody Plaza (9 stories, 280,000 sq. ft. office space, ground level retail, huge underground garage) update.
Looking NW from intersection of Hermitage Ave. and Lea Ave:
Looking west from Lea Ave., 1/4 block north of Hermitage Ave:
Looking SW from intersection of Lea Ave. and Peabody St:
Looking SW from Peabody St., 1/2 block east of Hermitage Ave:
Looking south from Peabody St., 1/4 block east of Hermitage Ave:
Looking SE from intersection of Peabody St. and Hermitage Ave:
Walked this the other day. It is really a shame this building doesn’t activate Peabody Street at all. All of the guts and service stuff is along that section. Huge missed opportunity in my opinion to pull people into the district from Hermitage.- 6
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Probably left over from when a chair blew off one of the decks and hit that pane during a thunderstorm.
Maybe projected blades of glass off the side of a 30 story building aren’t a good idea.- 1
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This whole district is going to be great. Add this to 222 and the 4 Seasons and wow... If CB Ragland develops that big lot between Centric and KVB the walkability and density will really be there to make all this retail successful.
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We can't let that happen.
People need to actually get out and vote. Lots of old people did this last election. Lots.- 3
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We would’ve paid PSC $25 million to move the site, but they would’ve kept the land and gotten the ability to redevelop it.
Nashville Yards stated in the Tennessean Article it will pay over $50 million in taxes a year once developed. PSC Metals could support a similar development. So the ROI in ten years for a $25 million investment would be a 25x.
Find me any investment where you can have a 25x in ten years.- 3
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Everyone here assumes the Mayor cares about what we perceive as negative press or backlash from the educated and powerful. People that are naturally contrarian count these kind of moments (like telling a big company to go elsewhere) as a success. Spend some time reading the comments on a Tennessean News story or to the Mayor’s Twitter Post; the mouthbreathing crowd is firmly behind this type of crazy destructive action.
If you need an example, look no further then how the Soccer Stadium “negotiations” are going down. It isn’t a negotiation when only one side is willing to give. -
do you know which develops were being pitched to them?
Not all. A couple (two). I can only assume there were others. Can’t say any more specifics for obvious reasons.- 2
Nashville Yards, 15 acres/4 million sq. ft./ $1 billion, Phase I: Grand Hyatt Hotel (25 stories), Phase II: Amazon (26 & 22 stories), Phase III: AEG District (4 K theater, 34 & 35 story apts); Phase IV: Pinnacle Tower (35 stories), Amazon 3 (43)
in Nashville
Posted
Crane is moving constantly. It’s going.