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

[titanhog]

Regarding the Lifeway sale, what do you guys see staying within the buyers' new development on that campus?  I'm assuming the tower with the cross on it will stay and probably be refurbished?  Any other buildings that would probably stay?  Or...are the rest of the buildings likely to be demolished?

[CenterHill]

Regarding the Lifeway sale, what do you guys see staying within the buyers' new development on that campus? I'm assuming the tower with the cross on it will stay and probably be refurbished? Any other buildings that would probably stay? Or...are the rest of the buildings likely to be demolished?

I would hope and pray the Art Deco building will remain.

Edited March 25, 2015 by CenterHill

[MidTenn1]

An approximation of the Lifeway Campus..... (Revised)

 

Edited March 25, 2015 by PHofKS

[titanhog]

NC5 story and video on Downtown Amphitheater.

 

http://www.jrn.com/newschannel5/news/Riverfront-Park-in-Downtown-Nashville-Taking-Shape-297469641.html

[Nathan_in_DC]

An approximation of the Lifeway Campus.....

 

 

 

Yikes, I never quite realized it was all that. Guess I never really thought about it, though.

Is that parking garage just a parking garage, or does it serve another purpose? I always hated high rise buildings that sprouted out of a sprawling parking garage. Just really makes the building look unnatural and silly in my opinion.

[Guest]

LA magnate attempting to complete purchase of Lifeway campus. Reading later in the article, it seems the purchasing company has hit some potholes the last few years. Will be interesting to see what happens with this 15 acres of downtown land and property.

http://www.bizjournals.com/nashville/blog/real-estate/2015/03/los-angeles-magnate-negotiating-to-buy-lifeways.html

More info today:

http://m.bizjournals.com/nashville/blog/real-estate/2015/03/lifeway-unveils-details-for-major-mixed-use.html?r=full

[Nathan_in_DC]

Does anyone have an estimation for the real market value of that property? It has to be insane...

[Guest]

Does anyone have an estimation for the real market value of that property? It has to be insane...

Article states $125 million as a purchase price. That's close to $200 a foot.

[CenterHill]

NC5 story and video on Downtown Amphitheater.

http://www.jrn.com/newschannel5/news/Riverfront-Park-in-Downtown-Nashville-Taking-Shape-297469641.html

Phish playing the amphitheater in August. That will be a tough ticket with only 6800 seats. I'm guessing Phish hasn't played a venue that small since the early 90's. Edited March 25, 2015 by CenterHill

[MidTenn1]

Yikes, I never quite realized it was all that. Guess I never really thought about it, though.

Is that parking garage just a parking garage, or does it serve another purpose? I always hated high rise buildings that sprouted out of a sprawling parking garage. Just really makes the building look unnatural and silly in my opinion.

 

I believe that is mostly the publishing house for the Lifeway people where they print all the Sunday school publications and whatever else.

[donNdonelson2]

The historic Frost Building that fronts Rosa Parks (8th ave) is a part of the Lifeway campus sale. I hope that the protests from Historic Nashville members and the public will be epic if the new owners make plans to demolish this jewel. (I really don't think they would, but you can never underestimate the folly of some developers.)

[UTgrad09]

We are here to discuss neighborhood development, not petty neighborhood squabbles. IMHO. 

 

This is true.

 

 

 

And there are threads where such ancillary issues to said development are discussed. New threads can also be created to discuss things like parking shortages/city codes/policies. Let's keep that discussion to a minimum in the neighborhood development threads.

 

 

 

Also, play nice, or don't play at all. Be civil with your disagreements.

[BnaBreaker]

Personally, I think that were it not for the fact that Cumberland Machine Co's small parking lot just so happens to be on one of the hottest corners in Germantown, there wouldn't really be much to gripe about in terms of their actual presence in the neighborhood.  I'm not saying there aren't better uses for that land, but I also think that there needs to be a place for businesses like this in any truly authentic, organic, full-service urban neighborhood. 

 

Also, from a purely aesthetic point of view, there are certainly existing industrial buildings that are far more offensive looking too, such as whatever it is that is directly across the street from Cumberland Machine.  Cumberland Machine is in a fairly nice, well maintained, older brick structure with an entrance right on the sidewalk, complete with landscaping.  It has high adaptive reuse potential, in my opinion.  Again, I'm not saying I wouldn't prefer something different in their place, but there are much bigger and uglier fish to fry in terms of neighborhood redevelopment.

Edited March 25, 2015 by BnaBreaker

[MLBrumby]

Just so you know how badly Dick Riebeling's bungling was a factor in the old Convention Center deal for Pat Emery... Metro entered into an agreement with Ashford Hospitality Trust (owner of the Renaissance) to lease (30 years) the old convention center space for $1 a year!!!  And this happened just three months before they decided to change course and chose Emery to redevelop the space.  Riebeling is quoted in the NBJ:  "I don't think we had really thought about what would happen to the old site."  Geesh, in the private sector this guy would have been fired a long time ago. 

Edited March 25, 2015 by MLBrumby

[Guest]

I believe that the city was in a weak negotiating position because of the original contract that gave between the (old) convention center and the Renaissance (Stouffer) Hotel. The contract guaranteed a certain number of years that the convention center would be active... they wanted the Nashville MCC to begin booking groups and open prior to that contractual date and thus had to 'negotiate' a deal to prevent a lawsuit and damages from the hotel group.

That being said it was indeed short-sighted not have a plan for the old site even as the new site was being planned.

Edited March 25, 2015 by Guest

[rookzie]

Personally, I think that were it not for the fact that Cumberland Machine Co's small parking lot just so happens to be on one of the hottest corners in Germantown, there wouldn't really be much to gripe about in terms of their actual presence in the neighborhood.  I'm not saying there aren't better uses for that land, but I also think that there needs to be a place for businesses like this in any truly authentic, organic, full-service urban neighborhood. 

 

Also, from a purely aesthetic point of view, there are certainly existing industrial buildings that are far more offensive looking too, such as whatever it is that is directly across the street from Cumberland Machine.  Cumberland Machine is in a fairly nice, well maintained, older brick structure with an entrance right on the sidewalk, complete with landscaping.  It has high adaptive reuse potential, in my opinion.  Again, I'm not saying I wouldn't prefer something different in their place, but there are much bigger and uglier fish to fry in terms of neighborhood redevelopment.

 

Well said; I don't think I ever heard that viewpoint before.

 

Some 40 years ago, I had some Blanchard grinding work done by Cumberland, on a cylinder head for an old British sports car.in the midst of being restored.  Some 20 years ago, Cumberland did some arbor (shaft) pressing for me for a steering sub-assembly.  While I probably have "retired" from having such specialized machine work done anymore, as my primary interests have changed, there always will remain a niche for highly specialized and skilled services provided by businesses like Cumberland.

 

The fact is, those who would choose to live or to entertain in Germantown, should not expect to "purify" or to work toward unifying the district as residential and small retail.  Those local to that area often speak of "finishing off" the area, since "...we got rid of that ol' tacky shop, now let's work on getting rid of this one next."  As grilled_cheese brought up in the "Bits and Pieces" thread, the council members and their constituency can get self-righteous and kink the road in attempts to drive out these pre-existing businesses like Cumberland.  It's no different from homogenizing a district elsewhere (hate to resort to that trite word "gentrify"), just because my old house (admittingly) doesn't look as good as his, so they need to buy it off and change that (and let us park there, too).  Cumberland Machine was there long back when Germantown was a bunch of spooky haunted slums, so I don't expect (or hope) that it would bow out with a tucked tail.  The nature of the business requires parking for its patrons to be available six days a week starting at sunrise, for all those old rusty beat-up 2-ton flat-beds, along with the Ram 3500 turbo-diesels.  And I can definitely see the company's ire, when a stray car blocks a truck or the boss's throne.

-==-

[CenterHill]

The historic Frost Building that fronts Rosa Parks (8th ave) is a part of the Lifeway campus sale. I hope that the protests from Historic Nashville members and the public will be epic if the new owners make plans to demolish this jewel. (I really don't think they would, but you can never underestimate the folly of some developers.)

 

 

Agree.    That building and this art deco building fronting 9th need to be preserved as part of whatever plan is developed.      

 

[Bezoar]

Broadstone rendering:  

 

More details:  http://www.bizjournals.com/nashville/blog/real-estate/2015/03/first-look-you-guessed-it-more-apartments-in.html

Edited March 25, 2015 by Bezoar

[titanhog]

Ryman Hospitality will open a "high-end" bar and entertainment venue at 300 Broadway.  Something to appeal to the non-honky-tonk crowd.

 

http://www.bizjournals.com/nashville/blog/2015/03/colin-reed-weighs-in-on-ryman-hospitalitys.html

[bmw75901]

Two more sales on Monroe this month, spoke with buy-side agents, both of these will be tear downs + new construction.

 

 

Could you please put me in contact with the buyer of 1035?  I live down the street and would like to speak to them, thanks in advance!

[Guest]

Agree. That building and this art deco building fronting 9th need to be preserved as part of whatever plan is developed.

Lifeway.PNG

Not an Art Deco Building. Also not a great building.

[CenterHill]

Not an Art Deco Building. Also not a great building.

I took issue with your similar statement on the other thread. So, your point is...not worth preserving?

[Guest]

I took issue with your similar statement on the other thread. So, your point is...not worth preserving?

Possibly. I'm definitely not in love with it. It is so beotchized now too I don't know how contributing it really is. I like the tower way more than the office space connected to it that fronts on Commerce.

I understand that preservation is hot on everyone's mind. I do appreciate that. Sometimes we have to consider that even if a building represents a particular period or tries to emulate a style doesn't mean it really contributes to the character and fabric. Many times what we really wish to preserve isn't about the building but the overall context in which it exists. So little of the context exists here or it is so poor to begin with I'm probably in favor of doing it right.

I'm really not saying tear the sucker down, but that section of downtown is such a miserable streetscape, disconnected mess of a grid, and void of built character zone anyway. I would love to really see it done right as a gateway to our city.

[nashmoney]

Exclusive: New owner on the $60M upgrade fueling a leasing surge at UBS Tower

 

http://www.bizjournals.com/nashville/blog/real-estate/2015/03/exclusive-new-owner-on-the-60m-upgrade-fueling-a.html?page=all

 

Quote:

Coltea said he expects to recruit another one or two restaurants, among other retail options he is exploring.

 

The tower's Deaderick Street plaza is being redone, and similar work is about to begin on the Union Street and Third Avenue North entries to the tower. Part of the Third Avenue work will include creating a semicircle road allowing for valet drop-off and pick-up, both for the tower's tenants and for restaurant patrons.

 

All the work should be finished within the next nine to 12 months, Coltea said

 

*No word on the facade improvements we have seen in the promotional renderings. I hope those are still included with the upgrades.

[CenterHill]

Broadstone rendering:

More details: http://www.bizjournals.com/nashville/blog/real-estate/2015/03/first-look-you-guessed-it-more-apartments-in.html

"Swim-up bar"? How do you get to it October through April? LOL.