Four Seasons Hotel and Residences, 40 stories, 542', $400 million

[markhollin]

[markhollin]

Driveway drop-off area along Demonbreun nearly ready; some views inside the lobby.

 

[markhollin]

Mimo Restaurant on the first floor of Four Seasons will be opening next Tuesday, Nov. 1st.

https://www.mimorestaurant.com/
 

[Melrose]

Mimo's design and menu definitely look  like a "Four Seasons",  as opposed to The Rutledge's Cool Springs vibes....

[Rick Dalton]

47 minutes ago, Melrose said:

Mimo's design and menu definitely look  like a "Four Seasons",  as opposed to The Rutledge's Cool Springs vibes....

You complain about everything?

[Melrose]

1 hour ago, natethegreat said:

You complain about everything?

"Mimo's design and menu definitely look  like a "Four Seasons"" seems like a compliment to me, certainly was meant to be.   

[DDIG]

2 hours ago, Melrose said:

Mimo's design and menu definitely look  like a "Four Seasons",  as opposed to The Rutledge's Cool Springs vibes....

Worth noting Rutledge has no affiliation with Four Seasons other than buying space in the same building from the developer.

[markhollin]

The Four Seasons Hotel and Private Residences will also have their formal opening next Tuesday, Nov. 1st.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/10/26/four-seasons-hotel-and-private-residences-nashvill.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=NA&ana=e_NA_me&j=29508311&senddate=2022-10-27
 

[Rick Dalton]

I’m still a bit confused by Four Seasons decision on location. It seems like the condos are selling well, but it’s a bit of a rowdy spot for the Four Seasons crowd. I think the Ritz will be a great location.

[Nash_12South]

46 minutes ago, natethegreat said:

I’m still a bit confused by Four Seasons decision on location. It seems like the condos are selling well, but it’s a bit of a rowdy spot for the Four Seasons crowd. I think the Ritz will be a great location.

I'm hearing that a certain number of these units are second (or third) homes for people so some may not be too upset of the constant party buses going by. I also hear that a lot of current nearby residents are hoping that an influx of wealthy folks with hopefully more powerful voices, will help address the current rowdiness. 

Edited October 27, 2022 by Nash_12South

[Bark At The Sun]

[DDIG]

Officially open at 1 p.m. today.

[nashville born]

2 hours ago, DDIG said:

Officially open at 1 p.m. today.

Just checked the room rates for giggles.  $790 per night for a city view.    Let me check the airport hilton...

[donNdonelson2]

12 hours ago, nashville born said:

Just checked the room rates for giggles.  $790 per night for a city view.    Let me check the airport hilton...

Check Motel 6. We’ll leave the light on for you.

[Argo]

Is there any kind of Four Seasons signage?

[chris holman]

4 hours ago, Argo said:

Is there any kind of Four Seasons signage?

I've only noticed the bottom of the building facing 1st Ave and 2nd Ave. I'm hoping to see the top of the tower with the Logo on the crown.

[MontanaGuy]

15 hours ago, donNdonelson2 said:

Check Motel 6. We’ll leave the light on for you.

I'm old enough to remember that their nightly rate for a single room was $6 when they first opened and that's where the name came from!

[donNdonelson2]

53 minutes ago, MontanaGuy said:

I'm old enough to remember that their nightly rate for a single room was $6 when they first opened and that's where the name came from!

As am I.

[markhollin]

On the day of its opening, Four Seasons Hotel portion of the new tower has been sold by TheCongress Group to GD Holdings for $165 million. With 235 rooms, that works out to $702,127 per room.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/11/02/four-seasons-hotel-sells-for-165m.html


And behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/four-seasons-hotel-segment-sells-for-165m/article_39f02888-5aef-11ed-83bb-37704af52417.html

[smeagolsfree]

This was reported that it was to be sold to this guy by the NBJ back in 2020, when it opened. 

"Nashville Business Journal was the first to report, in February 2020, that GD Holdings planned to buy the hotel component of the high-rise."

It was not really a surprise.

 

[samsonh]

9 minutes ago, smeagolsfree said:

This was reported that it was to be sold to this guy by the NBJ back in 2020, when it opened. 

"Nashville Business Journal was the first to report, in February 2020, that GD Holdings planned to buy the hotel component of the high-rise."

It was not really a surprise.

 

This provides the capital for their next projects

[nashville born]

I have a question for clarification after reading the NP article about the sale.  The tagline under the headline says, "Mexican entity now owns SoBro skyscraper," yet the article itself says that entity bought the hotel component.   If they only bought the hotel component, how do they own the entire tower?

[smeagolsfree]

40 minutes ago, nashville born said:

I have a question for clarification after reading the NP article about the sale.  The tagline under the headline says, "Mexican entity now owns SoBro skyscraper," yet the article itself says that entity bought the hotel component.   If they only bought the hotel component, how do they own the entire tower?

Sent that to WW, for a correction. Good catch. Not quite as bad as Drew's $702,127 million per room for the property's hotel portion

[chris holman]

[chris holman]