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Inner Loop - CBD, Downtown, East Bank, Germantown, Gulch, Rutledge


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Novo out of Phoenix now holds the contract for the First Baptist Church site at 8th & Demonbreun for $18M. Hyatt Regency is expected brand...

 

http://www.bizjournals.com/nashville/blog/real-estate/2014/10/first-baptist-church-reaches-new-deal-to-sell.html

 

After looking at their website and projects they have developed, I'm not impressed. All of their stuff is suburban Crap!

 

They better not plop a 4-5 story short interstate box hotel on that site.

 

http://novodevelops.com/experience/?filter=hospitality

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After looking at their website and projects they have developed, I'm not impressed. All of their stuff is suburban Crap!

 

They better not plop a 4-5 story short interstate box hotel on that site.

 

http://novodevelops.com/experience/?filter=hospitality

 

Yuck, their other projects are super ugly.  A Hyatt Regency is a step up from a Drury Inn, so maybe the brand will make a difference in the design.  

Edited by Bezoar
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Yeah, I don't see spending almost $20M a piece of property to build something on the smaller scale, but still, most Hyatt Regency's are pretty atrocious IMO. 

 

Austin

hyatt-regency-austin.jpg

 

 

Indianapolis

*this photo has been moderated to prevent users from having to buy new keyboards*

 

 

Atlanta

HyattRegencyAtlanta-003.jpg

 

 

 

Houston

*this photo has been moderated due to the fact it made the moderator vomit - thus needing a new keyboard*

 

 

Los Angeles 

55818685.jpg

 

 

Lexington

hyatt-regency-lexington.jpg

 

 

Denver

Hyatt_Regency_Denver_from_Republic_Plaza

 

 

 

 

Anybody ready to vomit yet, or should I continue. 

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No, keep going since a few of those properties started as different brands anyways. There are multiple higher end hotels brands that have terrible structures, like Intercontinental Miami and Fairmont Dallas come to mind.

 

Plus several of those shown were built in the 70s and 80s. Granted the Hyatt in Denver is an atrocity, along with the one in San Antonio.

Edited by NashRugger
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The Metro Historic Zoning Commissioners today approved Aerial's 6-unit cottage development on 4th Ave N in the Salemtown neighborhood http://www.nashville.gov/Portals/0/SiteContent/MHZC/docs/2014%20Meetings/10-%20October%2015/SR%201706-1708%204th%20Ave%20N%20-%20Oct.pdf.  This proposal is for two adjacent lots, each of which presently contains a one-story brick tri-plex.  State laws provide the property owner with the opportunity to replace all three units on each lot even though that number is above the base zoning, which would only permit two dwellings.  The Planning Commission and Council had already approved an SP for this project that would include up to six detached single-family homes. 

 

The MHZC disapproved the initial application when this project was first heard two months ago (the applicant was absent), then the Aerial team came back last month and asked for a re-hearing of the original proposal, which the Commissioners denied, and so the applicant came back with a revised plan this month.  Note that MHC staff were recommending approval based on comments from the Commissioners at the first hearing about the lack of an adequate courtyard in this "courtyard/cottage" development and also about the size and massing of the buildings, particularly the rear buildings, which were not originally subordinate in height/massing to the main structures fronting 4th Ave N.

 

At today's hearing, the Commissioners overturned the staff recommendation and approved the project citing the fact that Aerial's team had reduced the footprint, height and massing of the rear buildings and increased the size of the courtyard, although there really is not much room there still.  At least one representative from the Salemtown Neighborhood Association spoke in favor of this project as well.

 

I have to give the Aerial presenters compliments on finding comparable historic structures, which are actually few and far between in Salemtown, from which to base their measurements and to my surprise even providing historic context in that district for the ubiquitous Aerial double-decker porches on the rear units.

These cottages are already listed on MLS, Zillow, etc.

 

http://www.zillow.com/homedetails/1706A-4th-Ave-N-Nashville-TN-37208/2104693563_zpid/#hdp-photo-lightbox  

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Yeah, about that . . . Aerial mentioned in their presentation that they had already pre-sold some of those units before the MHZC had approved them.  This particular one was a learning opportunity for Aerial, for Planning, and for Historic.  There is now a much better process in place for preliminary reviews of SPs in historic districts to ensure that Planning/the Council don't write a check that Historic can't cash.

 

Freddie O'Connell let me know that Aerial will review this project at tonight's Salemtown Neighborhood Association meeting, plus Dale & Associates is presenting on another 7-unit SP on 4th Ave N, and then there is a third SP that is going to be presented tonight.  I'm pretty sure that's not counting Clay Haynes's "No Dogs" building SP on 6th Ave N that was approved by Planning, and obviously it is not counting Salemtown Cottages, which is under construction. 

 

Salemtown is a busy little area!

Edited by bwithers1
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From the Tennessean..

 

 

Houston-based Transwestern no longer has the roughly 3.3 acres on Church Street across from Nashville Electric Service’s main offices under contract. Trent Germano, the real estate company’s Atlanta-based managing director of development for the Southeast, confirmed its contract had expired, but he declined to provide the reason. “We’re still interested in Nashville,” he said.

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Just to let you folks know the construction date of those Hyatts as follows:

Austin Hyatt Regency - built 1981.

Indianapolis Hyatt - built 1974-1977.

Atlanta Hyatt - built 1967.

Houston Hyatt - built 1972.

Los Angeles Century Plaza - built 1965.

Lexington Hyatt - built 1976-1977.

Denver Hyatt - built 2003-2005.

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From the Nashville Business Journal..

 

MarketStreet has made no secret of its intent to build more office buildings, and that the Turners and Melton are actively evaluating their options. As construction of Gulch Crossing progresses (the final beam is set to go in early next month), a few addresses are emerging as the likeliest locations of MarketStreet's next office building.

MarketStreet owns about 1.5 acres to the left, at 1201 Laurel St. and 1211 Laurel St. On the other side of Hensler's condo tower is where developer John Eakin is building a 15-story office building, named for its address, 1201 Demonbreun. All three back up against Interstate 40.

 

Another possible location in the MarketStreet portfolio is 200 12th Ave. S., which is directly across the street from Eakin's office building.

 

Locations;

NewGulchOfficeFall2014_zps1d2e2d06.jpg

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