NEUHOFF PLANT DEVELOPMENT, 14 stories, 6-7 stories, 650,000 sq. ft. office, 175,000 sq. ft. retail, 550 apts, 50 hotel rooms, 2,000 car internal garage, $500+ million

[Bos2Nash]

14 hours ago, BNAfan said:

Anyone heard rumors of the apartments being converted to condos?   Thanks!

This would be an interesting switch. Was just at an industry gathering this morning that basically said there is a lot of money out there right now in the multi-family world, but we are expecting to see a "change" for the next year or two. Essentially by converting the residential (or even a portion of it) to condos, this would free up some capital that otherwise would be locked in for at least the next couple years. 

[BNAfan]

Thanks, Bos2Nash.  Agree, it would free up some cash.  The plan is for two towers.  So, maybe changing one to condos would not be out of the question.  But now I’m starting rumors.  

I was talking with a colleague yesterday and the topic came up.  Had to check with my subject matter experts.   Thanks!

[Sean blackdog]

Today this evening. 

Edited June 4, 2023 by Sean blackdog

[markhollin]

Glass installation underway in NW corner block; girders up for roof over internal plaza within the new construction.

Looking NE from intersection of 2nd Ave. North and Monroe St:

Looking NE from Cumberland River Greenway at Monroe St:

Looking NW from intersection of Monroe St. and Adams St:

Looking west from intersection of Monroe St. and Adams St:

Looking east from 2nd Ave. North, 1/2 block north of Monroe St:

Close-up of girders for roof of plaza within new construction:

Looking SE from Cumberland River Greenway at Taylor St:

Looking SW from intersection of Adams St. and Taylor St:

Close-up of girders rising for roof over plaza inside new construction area:

Looking east from Taylor St., 1/2 block east of Cumberland River Greenway:




Looking SW from intersection of Adams St. and Taylor St:




Looking SW from Taylor St., 1/2 block east of Adams St:

Looking SW from Taylor St. where it dead ends into Cumberland River:

[markhollin]

Some shots from within the complex:

Several shots looking thru windows at retail/office spaces that are available:

[rolly]

For residents here, where would they shop? Groceries, etc.   Seems like those services are still developing there. 

[chc3]

23 minutes ago, rolly said:

For residents here, where would they shop? Groceries, etc.   Seems like those services are still developing there. 

Hopefully, they’ll get moving on that Hill project fronting Jefferson between 4th and 5th soon, which included a grocery store. I think the original plan was office-centric, thus the delay.

[Baronakim]

Hard to believe I worked there 57 years ago.  It was a real hellhole back then.

[markhollin]

More pics from within former slaughterhouse section of site, courtesy of Shelby Smith:

[FrankNash]

Nice development.

Edited June 22, 2023 by FrankNash

[Baronakim]

11 hours ago, FrankNash said:

^^^This project is going to win many awards for preservation  IMHO.  I can't love this development anymore.

That probably should be "any more".  "Anymore" is not what I think you meant.

[FrankNash]

Got it.

Edited June 22, 2023 by FrankNash

[PaulChinetti]

Neuhoff Plant development. This development seems like a big ole miss opportunity to develop the river and get some activation going there. 

[gannman]

2 hours ago, PaulChinetti said:

Neuhoff Plant development. This development seems like a big ole miss opportunity to develop the river and get some activation going there. 

In November they were applying for a permit from the Army Corp for a barge entertainment space, but I'm not sure if it was granted.

[markhollin]

^ ^ ^ Perhaps they are waiting for all the details regarding the pedestrian bridge across the Cumberland to get finalized before proceeding with their  intentions.  The terminus on the west bank will be just 75 feet to the north of what they are planning. 

[Baronakim]

16 hours ago, PaulChinetti said:

Neuhoff Plant development. This development seems like a big ole miss opportunity to develop the river and get some activation going there. 

The riverbanks from the railroad bridge are a steep tangeld mess on this side of the river..  The barge idea is interesting  but I question the practicality of it.  If it gets a permit from the core, we will see  if it would work considering lack of anchorage.  Now if the long sland just downstream was there instead, it would be a terriffic oportunity IMO.  I just think the banks are too steep to be of much use except cleaned up and kept as a green space of trees..  i once suggested that the steeper riverbank at the beginning of Gay Street over to the Victory bridge could be developed perhaps as a vertical park with perhaps a climbing wall/ cliff  behind the Demombreum statue.  The homeles have no trouble at al scrambling up and down it and using it for a toilet and trash dump.

 

[markhollin]

[markhollin]

New City Properties has landed its first office tenant in the redeveloped Neuhoff District.

Dalton, a communications agency operating in Atlanta, Jacksonville and Nashville, has announced it is moving its Nashville office to the new mixed-use development in Germantown.

Dalton has many high-profile Nashville clients including the Country Music Hall of Fame and Museum, Realtracs, the Nashville Public Library, Cumberland Pharmaceuticals, Ascend Federal Credit Union, CoreTrust and Nashville Health Care Council.

The agency will be moving from its current location in East Nashville, located at 2115 Yeaman Place.

No word on how many sq. ft.  they will lease in the 14 story tower.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2023/07/12/neuhoff-district-lands-first-office-tenant-dalton.html

[markhollin]

CityNowNext has more coverage of Dalton moving their international brand and communications firm to the Neuhoff development from East Nashville.

https://citynownext.com/2023/07/17/dalton-to-move-offices-from-east-nashville-to-neuhoff-district-in-germantown/#more-34087

Photo courtesy of Robert Looper III:

Some updated renderings:

[markhollin]

Looking east from intersection of 2nd Ave. North and Monroe St:

Looking NW from Monroe St. at Adams St:

Looking SE from Taylor St. at Cumberland River Greenway:

Looking east from Taylor St., 1/2 block east of Cumberland River Greenway:

Looking SW from intersection of Adams St. and Taylor St:

[markhollin]

A permit for $17,320 has been issued for the build-out of the 5,200 sq. ft. for the Dalton Agency in the Neuhoff development.  Merryman-Farr will handle the construction.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/real-estate-notes-south-side-properties-listed-for-sale/article_fa11bc10-2be8-11ee-a522-3bb2e3fd82c7.html

[markhollin]

Looking west across the Cumberland River from River North Landings:

[Brichar4]

May have missed,  but has there been any update on this building section, excited to see the sky bridge come to life here. 

[markhollin]

Painting of old administration building underway.

[smeagolsfree]

16 hours ago, Brichar4 said:

May have missed,  but has there been any update on this building section, excited to see the sky bridge come to life here. 

I think that one is slated for offices and may not start for a while. Anything office related I think will be put on hold right now.