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

[markhollin]

From the Nashville Post:

Work is about to begin on the Rolling Mill Hill surface parking lot being undertaken to accommodate the eventual loss of two similar lots due to future development.

The Metro Development and Housing agency has landed a permit related to the creation of the lot, to be located at the southeast corner of the intersection of Korean Veterans Boulevard and Hermitage Avenue.

C.D. Steger Construction Inc. is handling the job, with the permit valued at $490,000.

The property has an address of 92 Peabody St.



 

[jmtunafish]

4 hours ago, markhollin said:

From the Nashville Post:

Work is about to begin on the Rolling Mill Hill surface parking lot being undertaken to accommodate the eventual loss of two similar lots due to future development.

The Metro Development and Housing agency has landed a permit related to the creation of the lot, to be located at the southeast corner of the intersection of Korean Veterans Boulevard and Hermitage Avenue.

C.D. Steger Construction Inc. is handling the job, with the permit valued at $490,000.

The property has an address of 92 Peabody St.



 

I was at this location just a year ago and had an unobstructed view of downtown.  No more.  Now there are several gleaming towers (including one butt-ugly parking garage) between Rolling Mill Hill and downtown.  Those who were able to get in Rolling Mill Hill when it was still fairly remote--which wasn't that long ago--have got to be loving their ever-changing views.

[markhollin]

From the Nashville Post:

The development team eyeing apartment project Gateway 808 in North Nashville anticipates breaking ground no later than early 2018.

Raleigh-based Blue Heron Asset Management and Imagine1 Co. of Nashville announced in May 2016 plans for the 330-unit building — to be located 1703 Rosa L. Parks Blvd. in Buena Vista north of Germantown and straddling the inner-interstate loop. At that time, it was called Gateway Germantown.

Recently, the team released an updated image and the new name. Michael Eubanks, a Blue Heron partner, said the hope is to have construction of the building completed by early 2020.

“There have been a lot of new apartments delivered downtown over the last couple of years, and Germantown has seen a number of those new developments,” Eubanks said. “We have been closely monitoring new supply, absorption, and concessions, and we've been happy with what we've seen lately. Leasing has been strong in the Germantown submarket, properties are getting close to stabilization, concessions have been dropping, and we expect to see that pattern continue as we're just now getting into the busiest time of the year for leasing.”

The lead architect is Charlotte-based DAS Architecture, with Gresham Smith & Partners of Nashville handling interior design and landscape architecture. Civil Site Design Group, also based in Nashville, is the civil engineer. 

Eubanks said the team (Matt Gardner and Brian Heuser lead Imagine1 Co.) recently submitted for building permits and is “far along in the process of selecting a general contractor.” He said a portion of the equity for the project is being provided by one of the real estate funds that Blue Heron manages, and a joint-venture equity partner is expected.

“We also anticipate using bank or life company financing for the construction loan, and will be advancing those discussions after making a final decision about a general contractor for the project,” he added.

 

[markhollin]

Harry O's (5 stories, including rooftop bar) update.  Foundational work seems nearly complete.

Looking north along 3rd Ave. South towards Broadway:

 

Looking south from Broadway to the east of intersection with 3rd Ave. South:

 

Aerial shot by Saul Mindich showing Harry O's in upper right corner, and work being done on Ol' Reds Honkey Tonk in lower left. Broadway running top to bottom, and 3rd Ave. running left to right.

[titanhog]

^^Longest construction in history. 

[Vrtigo]

2 hours ago, titanhog said:

^^Longest construction in history. 

A little-known fact applying to the Lower Broadway historical overlay requires that they only use historical construction tools and methods when working within that area.

Except for the crane which is exempt for practicality reasons, they are required to use only verified authentic 18th century hand-powered tools. The concrete is mixed by hand and then delivered by bucket-brigade, the steel is forged by a classically-trained blacksmith and hauled in on the backs of off-duty carriage tour mules, and the old fashioned woodworking tools are incredibly hard to source and tend to break often, which slows things down even further.

(I jest, of course. But it does make you wonder...)

Edited April 24, 2017 by Vrtigo

[titanhog]

^^I laughed. 

[AronG]

2 hours ago, Vrtigo said:

A little-known fact applying to the Lower Broadway historical overlay requires that they only use historical construction tools and methods when working within that area.

Except for the crane which is exempt for practicality reasons, they are required to use only verified authentic 18th century hand-powered tools. The concrete is mixed by hand and then delivered by bucket-brigade, the steel is forged by a classically-trained blacksmith and hauled in on the backs of off-duty carriage tour mules, and the old fashioned woodworking tools are incredibly hard to source and tend to break often, which slows things down even further.

I was passing the site last week and they were hitching up teams of pedal taverns to haul the I-beams.

[titanhog]

Water getting high along the river downtown.

[CenterHill]

^^  I recorded 10.5" of rain in my gauge since Monday.   

[claya91]

2 hours ago, titanhog said:

Water getting high along the river downtown.

And that's from ~4.5" of rain in 2 days. May 2010 dumped 13"+ over the same period of time!

Edited April 24, 2017 by claya91

[titanhog]

1 hour ago, claya91 said:

And that's from ~4.5" of rain in 2 days. May 2010 dumped 13"+ over the same period of time!

Some of it could also be from more rain east of here, raising river levels up stream.  Either way...I'm glad it's nothing like 2010.

[wmaddbb2018]

Any chance we hear anything soon on the planned office tower at KVB roundabout?

[markhollin]

The State will be auctioning a 45,294 square foot office building on the roughly 1.18 acres at 460 James Robertson Parkway once housed the Tennessee Regulatory Authority. That property and the 0.87-acre parking lot site at 460 James Robertson will be offered in two separate, but adjoining, parcels and as a whole.  The existing octagon-shaped, 3 story structure was built in 1962. It is immediately to the east of WTVF News Channel 5, and to the west of the site for a future Town Place Suites. Prime spot for residential/mixed use, hotel, or office building.

http://www.tennessean.com/story/money/real-estate/2017/04/25/state-selling-two-acres-downtown-nashvilles-james-robertson-parkway/100869500/

 

[markhollin]

Office/meeting space concept to replace Nashville Carpet Center at 515 4th Ave. South.  While this is a needed entity for construction companies in that 8 square block of SoBro that is exploding with development, I believe it is simply a temporary place holder for a piece of property that holds much higher long term potential.  

http://www.tennessean.com/story/money/real-estate/2017/04/24/office-meeting-space-concept-replace-carpet-store-sobro/100857580/
 

On this screen shot from Smeagolsfree's excellent Nashville Development Map, you can see the property in the center of the frame on the west side of 4th Ave. South between Peabody on the north and Lea on the south.

[MLBrumby]

23 minutes ago, markhollin said:

The State will be auctioning a 45,294 square foot office building on the roughly 1.18 acres at 460 James Robertson Parkway once housed the Tennessee Regulatory Authority. That property and the 0.87-acre parking lot site at 460 James Robertson will be offered in two separate, but adjoining, parcels and as a whole.  The existing octagon-shaped, 3 story structure was built in 1962. It is immediately to the east of WTVF News Channel 5, and to the west of the site for a future Town Place Suites. Prime spot for residential/mixed use, hotel, or office building.

http://www.tennessean.com/story/money/real-estate/2017/04/25/state-selling-two-acres-downtown-nashvilles-james-robertson-parkway/100869500/

 

Why do I remember a building somewhere around there that used to have interlocking shapes of the letter "I" as part of its design across the front facade of the building. Was told once that the building was designed that way b/c it was originally the offices for IBM. Is this that building.. and perhaps it was remodeled sometime in the past 20 years?  Or did I just dream that up? 

[markhollin]

BWSC (8 stories, 125,000 sq. ft.) update.

Looking NE from intersection of 4th Ave. South and Elm Street:

 

Looking NE from Division Street Connector:

 

Looking north along3rd Ave. South at intersection with Elm Street:

 

Looking west from fires station parking lot between 3rd Ave. and 2nd Ave. South:

 

Looking SW from intersection of Lea Ave. and 3rd Ave. South:

[markhollin]

Lifestyle Communities Germantown (5 structures, 5/6 stories, 450 units, retail/restaurant) update.

Looking NE from corner of Madison and 2nd Ave. North:

 

[MidTenn1]

1 hour ago, markhollin said:

BWSC (8 stories, 125,000 sq. ft.) update.

..............................

Looking SW from intersection of Lea Ave. and 3rd Ave. South:

This is having more of an impact on the skyline than I thought it would. It is prominent from I-40 as it is located on a hill and stretches downtown a few blocks further south. Great infill!!

[Flatrock]

3 hours ago, markhollin said:

Office/meeting space concept to replace Nashville Carpet Center at 515 4th Ave. South.

This is the exact spot I typically catch my Lyft or Uber rides when leaving downtown. Walk a few blocks out of the fray...easy to find me...and the drivers love it. However, I've been at that spot alone - late night /early a.m. - and felt somewhat.... vulnerable. SO glad to see development in that area and life coming to those blocks. 'Course, soon I'll probably have to walk  to Lafayette to escape the crowds (and dodge the occasional bullet ).

[Guest]

53 minutes ago, Flatrock said:

This is the exact spot I typically catch my Lyft or Uber rides when leaving downtown. Walk a few blocks out of the fray...easy to find me...and the drivers love it. However, I've been at that spot alone - late night /early a.m. - and felt somewhat.... vulnerable. SO glad to see development in that area and life coming to those blocks. 'Course, soon I'll probably have to walk  to Lafayette to escape the crowds (and dodge the occasional bullet ).

Good idea, but they must have been high as a kite to set their prices so high. We shall see if there is a market in that price range.

[markhollin]

Third & Madison (5 stories, 95 units) update.

Looking NW from intersection of Madison and 2nd Ave. North:

 

Looking SE from 3rd Ave. North:

[markhollin]

Printers Alley parking garage eyed for possible stacked parking option. With all of the new hotels coming on-line within a block or two of there in the next 18 months (21c Museum, Dream Hotel, The Bobby, Tribute Hotel, Fairlane Hotel) this seems to make sense.  

http://www.nashvillepost.com/business/development/article/20859473/printers-alley-garage-eyed-for-stacked-parking

[PaulChinetti]

What in the world is the point of that? 

Am I reading it wrong 10 "stackers" so you would get 10 more spaces or 20 more spaces?

 

[markhollin]

A walk-though of Rudy's Jazz Room in the Gulch, which apparently will open in about two weeks. They have brought i n a chef from New Orleans who will be on site cooking Cajun/French cuisine.

https://www.facebook.com/roy.futureman.wooten/videos/10211454545812812/