River North, 105-acre Cowan Street corridor, Phase One: five 4-7 stories, 650 residences, 85 K sq. ft. retail, 50 K sq. ft. office, mile long riverfront park; Phase Two: two 12 story office buildings, pedestrian bridge across river

[titanhog]

11 minutes ago, DDIG said:

Hearing some action this a.m.

[Sean blackdog]

First look: Chicago, D.C. developers arrive to boost riverfront project
https://www.bizjournals.com/nashville/news/2019/07/01/first-look-chicago-d-c-developers-arrive-to-boost.html

Edited July 1, 2019 by Sean blackdog

[Jamie Hall]

Looks like a news conference is scheduled for this morning, according to local TV.

Some of the details:

https://fox17.com/news/local/13-acre-13-million-square-foot-development-announced-for-nashville-on-cumberland-river

[markhollin]

For those who can't see behind the NBJ and Nashville Post paywalls, here are highlights:

- This 13 acres sits within the larger 40 acre section on the southern part of River North to be known as The Landings.

- Creek Lane Capital and MRP Realty are under contract to buy 13 acres  for an undisclosed price.  There will be a 9:30 press conference at 600 Cowan St.

- Phase 1 will include 600 residences, 85,000 sq. ft. of retail, and 50,000 sq. ft. of office space, and will begin in early 2020.

- Phase 2 will include 500 more residential units, and 50,000 more sq. ft. of retail.

- According to the renderings, structures will range from 4 to 7 stores. Looks like a few of the restaurant spaces along the river are 1-2 stories. 

- All will be set up for LEED certification.

- Plans include a public riverfront park along the entirety of the site, which will connect with the existing Cumberland River Greenway system.

- MRP is one of the 10 largest developers in the Washington DC area.

- Creek Lane was created in 2016 by the co-chairmen of The Walsh Group, one of the nation's largest construction companies. 

- River North is now considered in a federal Opportunity Zone, which gives developers major tax breaks.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21075686/early-2020-start-eyed-for-river-north-project

More renderings from The Post:

[Binbin98]

This is good news but the renderings on the news story look a bit outdated. The website for river north’s renderings and the news story ones look completely different. Although i am also not entirely sure if “the landings at river north” and “river north” are the same thing or different development phases or something. I’m still a bit confused about this project.

Lets hope a major company can move into this development to kick things off like the rumors I have heard on many forums suggest. 

[subkyle]

So looks like they’re building Providence Mt Juliet across the river. Hope that rendering is very wrong.

[Ingram]

So much for all of the in depth knowledge by the "experts" here.

[donNdonelson2]

30 minutes ago, subkyle said:

So looks like they’re building Providence Mt Juliet across the river. Hope that rendering is very wrong.

So, are you seriously comparing The Landings at River North to THIS?

[titanhog]

Well...this is quite underwhelming compared to the original renders the River North people put forth as far as what they envisioned.  BUT...this may actually be something that can get built and utilized compared to the "pie in the sky" previous renders.

Looks similar to Capitol View (or whatever that area is called).

Edited July 1, 2019 by titanhog

[Binbin98]

I still believe that this is only the first phase of development here and that later on if a company moves in there may be some high rises built. But it’s still a good step for the east of the river and may lead to more things overall.

I don’t think Nashville will ever get a building over 800 feet tall built, this is not a tall skyscraper city and there is nothing wrong with that. The height of a city’s building doesn’t determine its economic importance. And as long as tony giarrantana is still around we will get tall buildings proposed and maybe built (although he seems to be the only developer wanting to build tall here).

[memphian]

Honestly, it looks like something Disney would build and I love it. It'll probably change shapes 4-5 times but that is okay.  Now is that a swimming pool in the river?

[dxfret]

Any new development in that area is welcome and it does not have to include high rises. 

[downtownresident]

I’m honestly most excited about the park with the greenway connection. Hopefully they’ll tie it in with the East Bank greenway that runs by Nissan Stadium. 

[TNinVB]

Is this the area? Trying to get an idea from afar. 

[markhollin]

Just attended the press conference at the River North Landings site.  A few additional bits of info:

- The 13 acre project will entail 1.3 million sq. ft. 

- the Riverfront park will extend the entire 1 mile length of the development.

- A diagram of the full development shows not only the Cleveland Street extension/bridge over I-24 into the northern section of River North, but also a "possible vehicular connector" bridge across the Cumberland River intersecting with Cement Plant Rod. on the eastern side of the Water Treatment Plant. 

- One additional rendering was shown, as well as a new site diagram.

- No price tag was put on the development, nor was a price for the sale of the 13 acres made public.

 

Looking directly to the west across the river from where the base of the pedestrian bridge would be. It would connect on the other side between The Griff (on right), and Neuhoff Plant development (on left):

Looking south at the skyline from where the riverfront park and boat docks would be for River North Landings:

[CityHeart]

I would really like to see high quality renderings but from what's available i'm getting a District Wharf vibe. 

https://www.wharfdc.com/wharf/

 

[dReAmWiELdEr]

Well...this is quite underwhelming compared to the original renders the River North people put forth as far as what they envisioned.  BUT...this may actually be something that can get built and utilized compared to the "pie in the sky" previous renders.
Looks similar to Capitol View (or whatever that area is called).

Isn’t this plan for only 13 acres (out of a total 105?)

[DDIG]

5 minutes ago, dReAmWiELdEr said:

Isn’t this plan for only 13 acres (out of a total 105?)

That's right. This is just a spark. Also media is saying sales price is $42.5 million. Probably a pretty good return on investment, and also would indicate the developers are serious about getting it going if you are going to spend that on the dirt.

Key to this phase in my opinion is doing walk-way on the riverfront right and activating retail and restaurants on it. Don't really need high-rises on the river bank.

[Hey_Hey]

I like this, and it may be the catalyst to get the whole thing off the ground.  I think it is unrealistic to expect this area to go from what it is today to an area full of 20+ story building.  This proposal is realistic and should get out of the ground assuming financing is available as it is primarily residential and small scale office and retail. Once 500-1000 residences are occupied and a couple hundred thousand square feet of retail and office then I think it is reasonable to see a large office component to be built. 

I'm not opposed to height here in the least, but this area can be a roaring success with building topping out int he 5-10 story range. I just want it to be walkable, urban, connected to area neighborhoods on both sides of the river, and be mixed use.  I think this proposal goes a long way to getting us there.  

The one thing I am not a fan of is Top Golf, which has nothing to do with this development at all.  However, those looming nets and bright lights are going to be impossible to hide.

[titanhog]

3 hours ago, dReAmWiELdEr said:

Isn’t this plan for only 13 acres (out of a total 105?)

Yeah....my first thought was that it was the entire development.  I jumped the gun (which, of course, is not typical for women) 

[MontanaGuy]

5 hours ago, Ingram said:

So much for all of the in depth knowledge by the "experts" here.

That sounds a bit harsh!  I really appreciate all of the information that many people share on this forum and I think that quite a few of them make a lot of effort to find out information to pass along to the rest of us!

[markhollin]

NBJ has an update to its article.  The main extra tidbit is this:

One of the more eye-popping aspects of the development is a pedestrian bridge that will span the river and connect the development to the thriving Germantown neighborhood. The firms have a memorandum of intent with Metro, Creek Lane's Kevin Mulhall said, and construction of the bridge will begin at the same time as the development and will be completed by time the development is finished. 

The Nashville Business Journal has requested a copy of that memorandum from Metro, but has not heard back.

More behind the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2019/07/01/down-by-the-river-how-thesedevelopers-plan-to.html?iana=hpmvp_nsh_news_headline

Also, here is coverage from The Tennessean:

https://www.tennessean.com/story/money/2019/07/01/massive-east-nashville-river-north-waterfront-development-underway/1616207001/

[Ingram]

1 hour ago, MontanaGuy said:

That sounds a bit harsh!  I really appreciate all of the information that many people share on this forum and I think that quite a few of them make a lot of effort to find out information to pass along to the rest of us!

I'm talking about the people who for certainty prognosticated that this development was unlikely to ever happen or was a pipe dream that would take decades to begin. If you don't know, then you don't know. Those companies know what they're doing.

Edited July 1, 2019 by Ingram

[subkyle]

6 hours ago, donNdonelson2 said:

So, are you seriously comparing The Landings at River North to THIS?

I kinda am yes. Add a few floors to each building and looks like providence to me. I’m not unappreciative of any new development but this phase is drastically different than what was originally being pitched. As others have said this is just the beginning. A little disappointed there wasn’t one building with some decent height. I do love the pedestrian bridge and water components.

Edited July 1, 2019 by subkyle

[Ingram]

9 minutes ago, subkyle said:

I kinda am yes. Add a few floors to each building and looks like providence to me. I’m not unappreciative of any new development but this phase is drastically different than what was originally being pitched. As others have said this is just the beginning. A little disappointed there wasn’t one building with some decent height. I do love the pedestrian bridge and water components.

The development is not a mall. It's going to have hundreds of thousands of square feet of office, residential, and retail. What's to complain about other than it doesn't have the high rises from the initial rendering that everyone was whining about in the first place.