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

[markhollin]

The Sheraton Grand Nashville Downtown Hotel ( 27 stories, 482 rooms) has sold for $169.7 million to Dreamscape Companies out of NYC. 

More at NBJ here:

https://www.bizjournals.com/nashville/news/2021/06/21/sheraton-grand-nashville-downtown-hotel-sold.html

[markhollin]

A unknown portion of the just-approved annual budget for Metro Nashville is slated as partial contribution towards the $48 million to put the 3.4 acre cap over I-40 along Jefferson St.  It will be known as the Jefferson Street Multimodal Cap and Connector.  Additional funding will hopefully come from the Rebuilding America infrastructure grant.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/politics/metro/metro-budget-assumes-jefferson-street-grant/article_2e458b2a-d30c-11eb-b2cb-bf53ac932c41.html
 

[markhollin]

A bit more info on the 1020 Jefferson (4 stories, 25 townhomes) project reported on this thread a year ago. Split Rock Development and Gremada RE LLC are the co-developers. the architect is Tarl Larocco Designs. Engineering provided by Dale and Associates. 

More at NashvilleNowNext here:

https://nashvillenownext.com/2021/06/22/multi-family-development-proposed-on-jefferson-street-in-buena-vista-nashville/

[OnePointEast]

1 hour ago, markhollin said:

A unknown portion of the just-approved annual budget for Metro Nashville is slated as partial contribution towards the $48 million to put the 3.4 acre cap over I-40 along Jefferson St.  It will be known as the Jefferson Street Multimodal Cap and Connector.  Additional funding will hopefully come from the Rebuilding America infrastructure grant.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/politics/metro/metro-budget-assumes-jefferson-street-grant/article_2e458b2a-d30c-11eb-b2cb-bf53ac932c41.html
 

Wow. Never heard of this one. When is this happening?

Edited June 22, 2021 by OnePointEast

[nashville born]

7 hours ago, markhollin said:

The Sheraton Grand Nashville Downtown Hotel ( 27 stories, 482 rooms) has sold for $169.7 million to Dreamscape Companies out of NYC. 

More at NBJ here:

https://www.bizjournals.com/nashville/news/2021/06/21/sheraton-grand-nashville-downtown-hotel-sold.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=na&ana=e_na_me&j=24219906&senddate=2021-06-22

Does this mean the hotel will now be rebranded or will it remain under the Sheraton brand?  Hoping it's proximity to Amazon will inject some life into the property's use.  Rebranding it might also help.

[markhollin]

Molloy Street realignment update: prepping fro final layer of asphalt.

Looking west from 2nd Ave. South:

[markhollin]

The modernist structure that was once Saint Mark Baptist Church and an adjoining parking lot totaling about a half acre at 120-122 and 1226 6th Ave. North are available for sale at an undisclosed price.  The non-historic structure covers 5,600 sq. ft. The congregation has moved to another location a few years ago.  The neighborhood has mixed-use neighborhood alternative zoning, which allows for a low-intensity mixture of residential, retail and office uses. 

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/ex-church-building-in-germantown-offered-for-sale/article_46e8c592-d43e-11eb-b312-bb2651f6f893.html
 

[markhollin]

The nondescript/non-historical structure at 813 Jefferson St.  is going to be razed as part of a new reinvention of the whole corner by Mapco Express. The most recent business in the small 1 story building was Jefferson Pawn Shop. A $34,000 permit has been issued for the demo by Osage Contractors. 

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/notes-nashville-sc-releases-new-practice-facility-images/article_dc625ef0-d4ff-11eb-8f29-3b1f8a47af54.html

 

[markhollin]

June 9th marked the 20th anniversary of the opening of the Downtown Library.    Lots of history and photos of various library structures downtown over the past two centuries here:

https://library.nashville.org/blog/2021/06/main-library-turns-20
 

Some construction pics from a few decades ago:

[markhollin]

RMH House (6 stories, 33 STR units, 4 ground level retail spaces) on the triangular, .3 acre site at 94 Peabody St. appears to be moving forward after some stalling over a year due to the pandemic.  A demo permit has been applied for.  By reminder, a rendering and site map shown blow.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/notes-project-planned-for-rutledge-hill-sees-movement/article_398ae8b4-d536-11eb-b339-637946d9b1fb.html
 

[markhollin]

Clay Street Commons (2 structures of 3 stories, 61 units, ground level commercial space) at 1919 9th AVe. North and 1924-1928 9th Ave. North has broken ground, and should have Phase I finished in the summer of 2022, and Phase II three months later.  Certified Contractors is handling the work. Bradley Projects is the architect.  Two new renderings below.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/notes-project-planned-for-rutledge-hill-sees-movement/article_398ae8b4-d536-11eb-b339-637946d9b1fb.html


 

[nashvylle]

LOL enjoy the bachelorette parties, City Lights. 

[markhollin]

The Chicken Guy being built into the former McDonald's location at the SW corner of Commerce St. and 2nd Ave. North.

Looking SE from Commerce St., 1/2 block east of 3rd Ave. North:
 

[markhollin]

Woodlands Crossings is a large mixed-use (residential, retail, and office) proposal for 3720-3800 Clarksville Pike. Not much more detail yet, but this diagram has been found:
 

[markhollin]

1501 Herman (4 stories, 300 units, internal garage) update: crane up and operational, foundation work across the whole site now.

Looking NE from 16th Ave. North at CSX tracks:

Looking south from Herman St., 1/4 block east of 16th Ave. North:

Looking east from Herman St., 1/4 block east of 16th Ave. North:




Looking west from intersection of Herman St. and 14th Ave. North:

Looking south from intersection of Herman St. and 14th Ave. North:

[markhollin]

The Towne (5 stories, 329 units) update: superstructure continues to expand.

Looking south from Rosa L. Parks Blvd. at Buchanan St:

Looking NW from intersection of Rosa L. Parks Blvd. and Garfield St:




Looking NE from Garfield St., 1/2 block east of Nassau St:

Looking NE from intersection of Garfield St. and Nassau St:

[markhollin]

Modera Germantown (5 stories, 800 units) update: all former structures razed; foundation set and columns raising on part of Phase I in NE corner;  massive excavation across the 11.5 acre site.

Looking east from Adams St., 1/4 block north of Van Buren St:

Looking east from northern driveway for The Griff, 1/2 block east of Adams St:

Looking north from northern driveway for The Griff, 1/2 block east of Adams St:

Looking NW from northern driveway for The Griff, 1/2 block east of Adams St:

[rookzie]

On 6/10/2021 at 1:18 PM, markhollin said:

The O'Reilly Auto Parts lot at 801 Monroe St. (on SW corner of Rosa L. Parks Blvd.) has sold for $7.5 million to Stoltz Real Estate Partners.  The store was heavily damaged in the March, 2020 tornado. O'Reilly had bought the lot for $2.4 million just  6 years ago.  No word on Stoltz's plans for the prime site.

More behind the Nashville Post paywall here:

 

For over 2 or 3 decades, maybe longer,  that had been the Nashville branch of the Jasper Engine & Transmission Exchange, based in Jasper, IN.

It having been by no means a "pretty" structure, I frequently passed that once imposing and visibly active business throughout the '60s and '70s.

[markhollin]

River Tower Condos (5 stories, 37 units) update: cladding placed; windows installed.

Looking NE from 1st Ave. North from underneath the CSX overpass:

Looking SE from 1st Ave. North, 1/4 block north of  CSX overpass:

[markhollin]

Ballpark Village (8 stories, 340 units, 16,000 sq. ft. retail, internal garage) is finally moving forward since Portman Holdings closed the deal on the 2.6 acre land purchase for $20 million yesterday.  Dynamik will be the architect; Hawkins Partners is handling landscape architecture and land planning, and Inc. is in charge of interior design.  Plans are to break ground no later than the beginning of 2022.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/atlanta-company-pays-20m-for-north-capitol-site/article_64338f34-d857-11eb-9822-ff4878ac7f5b.html


And at NBJ here:

https://www.bizjournals.com/nashville/news/2021/06/29/germantown-land-closes-for-20-million.html?cx_testId=40&cx_testVariant=cx_34&cx_artPos=1#cxrecs_s

[Bos2Nash]

On 6/18/2021 at 10:07 AM, smeagolsfree said:

Possible future crane updates for Yards area for coming year:

Prime

Alcove

MGM most likely

Pinnacle

1111 Church St Res.

Edition Hotel...Moving forward ...shhhhhhh

Amazon 2

127 Rosa Parks unsure??? 

Gulch Central Two towers ????

 

Total=10

Holy crap! The typical citizen is worried about car traffic and housing availability. Meanwhile here at UP we will be worried about crane traffic and construction material availability haha

[Bos2Nash]

On 6/25/2021 at 8:07 AM, markhollin said:

RMH House (6 stories, 33 STR units, 4 ground level retail spaces) on the triangular, .3 acre site at 94 Peabody St. appears to be moving forward after some stalling over a year due to the pandemic.  A demo permit has been applied for.  By reminder, a rendering and site map shown blow.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/notes-project-planned-for-rutledge-hill-sees-movement/article_398ae8b4-d536-11eb-b339-637946d9b1fb.html
 

Gonna take a wild guess and say major construction will start AFTER the Music City Grand Prix.

[CenterHill]

4 hours ago, markhollin said:

Ballpark Village (8 stories, 340 units, 16,000 sq. ft. retail, internal garage) is finally moving forward since Portman Holdings closed the deal on the 2.6 acre land purchase for $20 million yesterday.  Dynamik will be the architect; Hawkins Partners is handling landscape architecture and land planning, and Inc. is in charge of interior design.  Plans are to break ground no later than the beginning of 2022.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/atlanta-company-pays-20m-for-north-capitol-site/article_64338f34-d857-11eb-9822-ff4878ac7f5b.html

Each updated rendering of this project gets better.    Taller, too, I think.    

Hard to tell, but I'm assuming that is red brick.   The design will look great in this neighborhood.   

 

[nashvylle]

5 hours ago, markhollin said:

Ballpark Village (8 stories, 340 units, 16,000 sq. ft. retail, internal garage) is finally moving forward since Portman Holdings closed the deal on the 2.6 acre land purchase for $20 million yesterday.  

Did Nashville Sounds ownership purchase the land from the city back ~2015 and essentially do nothing, have the city pay the interest on the bonds instead of real estate taxes from proposed development, then make a killing by selling the land?

if yes, SMH. City got taken for a ride. 

Glad this lot is finally getting developed. 

[downtownresident]

58 minutes ago, nashvylle said:

Did Nashville Sounds ownership purchase the land from the city back ~2015 and essentially do nothing, have the city pay the interest on the bonds instead of real estate taxes from proposed development, then make a killing by selling the land?

if yes, SMH. City got taken for a ride. 

Glad this lot is finally getting developed. 

That would be a yes. Thank you Karl Dean.