The SoBro | 32 stories 345 ft | 3rd & Demonbreun

[Nathan_in_DC]

They are the GC that works on all the Magellon projects. From what I have heard,they may be looking for other projects here as well.

 

Intriguing! Looking at their portfolio, they have done some very impressive stuff.

[Paramount747]

Magellan has done great work with Lowenberg Architects. This tower will change Nashville forever.

[Paramount747]

Bump this thread up for discussion as construction starts in a scant few weeks once Tony closes on the land and McHugh gets moved into their new digs. There is a dumpster outside their offices so I am assuming they are doing build out of their offices. I can see this breaking ground now by June 1st. 

 

Since the diner is well underway with foundation work, The Sobro should not interfere at all.

[FrankNash]

Tony closes on the land?

[Paramount747]

Tony closes on the land?

Michael Hayes owns the lot.

[Nathan_in_DC]

We don't have any finalized site plots, renders, or elevations yet do we? I'm really intrigued to see details of how they're going to approach the street front.

[Paramount747]

We don't have any finalized site plots, renders, or elevations yet do we? I'm really intrigued to see details of how they're going to approach the street front.

I am still not 100% sure this is happening myself.

[hayesmw]

Michael Hayes owns the lot.

Our firm owns the adjacent site, the diner is another property.  The SoBro will sandwiched in between.  Tony transferred the land for the SoBro last summer to Chicago based WMG Realty Holding Company, LLC a Magellan entity which includes Wanxing America Real Estate Group (http://www.tennessean.com/article/20130716/BUSINESS01/307160122/-1/NLETTER04/Giarratana--partners-seal-deal-to-pursue-32-story-SoBro-tower?source=nletter-breakingnews).  Lowenberg is owned by Magellan (http://www.magellandevelopment.com/company/affiliates/architectural/).  I expect a construction start very soon.

[nashmoney]

Giarratana finalizes funding for SoBro apartment tower

 

From the NBJ:

 

http://www.bizjournals.com/nashville/blog/2014/05/giarratana-finalizes-funding-for-sobro-apartment.html

 

"Nashville developer Tony Giarratana says he will close this month on financing for the SoBro, a 32-story tower that will add 313 luxury apartments downtown.

Giarranta told me the $90 million construction will begin "immediately after" loan documents are signed. He declined to discuss further details."

 

Let's get these docs signed, dirt moving, and this baby rising! The article says "he will" close on financing this month (not expects to or hopefully will) So can we pretty much call this a done deal?...I hope so!

 

[nashvylle]

That is great news, it will have a huge impact on the skyline. 

[bwithers1]

That is great news, it will have a huge impact on the skyline. 

It will.  And if this rendering is the one that will be built, it will add a unique building shape to the skyline to distract from the rather boxy (sorry, guys) Encore and the hideous Hyatt Place.  Which direction will the curvy side face?  That's my favorite part.  (Not so much the pedestal sticking out in front of it, though.)  Maybe the glass exterior material will be of similar quality to Pinnacle to create a vision of a crystal city at the south end of the skyline.  I can't wait to see that from atop the hill at 10th/Shelby as I sit stuck in school-zone traffic every morning.

Edited May 9, 2014 by bwithers1

[mirydi]

In before Urban Architecture casts his doubt and says he's caustiously optimistic and will believe it when he see's cranes...

 

 

 

 

 

 

 

 

 

I'm kidding UA!!! Just messin with ya.

Edited May 9, 2014 by mirydi

[bhibbs]

I think I am the only one who liked ther earlier rendering over the one above...its still a beautiful building, I just favored the other drawing more.

[timmay143]

I think I am the only one who liked ther earlier rendering over the one above...its still a beautiful building, I just favored the other drawing more.

I don't mind the current one, but I too liked to first one as well.  Goes with my, I'll take 1 of everything personality.  Gets me into trouble sometimes

[BnaBreaker]

I think I am the only one who liked ther earlier rendering over the one above...its still a beautiful building, I just favored the other drawing more.

 

I liked the first one better too.  I really loved the base, in particular. 

[UTgrad09]

I like the new design for being more unique to the skyline, but the old design had a slender appeal to it that is missing in the latter design.

[CenterHill]

Which direction will the curvy side face?  That's my favorite part.  (Not so much the pedestal sticking out in front of it, though.).

Hmm. I asked the same question a few months back and I think the group consensus was that this view is the Demonbreun elevation with the little green structure in the front right foreground being the former 24 hr diner building.

[Paramount747]

Our firm owns the adjacent site, the diner is another property.  The SoBro will sandwiched in between.  Tony transferred the land for the SoBro last summer to Chicago based WMG Realty Holding Company, LLC a Magellan entity which includes Wanxing America Real Estate Group (http://www.tennessean.com/article/20130716/BUSINESS01/307160122/-1/NLETTER04/Giarratana--partners-seal-deal-to-pursue-32-story-SoBro-tower?source=nletter-breakingnews).  Lowenberg is owned by Magellan (http://www.magellandevelopment.com/company/affiliates/architectural/).  I expect a construction start very soon.

Sorry Michael, I was told you owned this lot as well. I knew you owned the adjacent lot. So, this begs the question, when are you going to develop your lot? How long are you going to keep that expansive surface lot? Even you must agree, that lot is better served with a  development, not surface parking.

 

In regards to Myridi's statement, yes I remain cautiously optimistic about the Sobro, but until I see a crane, I have my doubts. This tower was announced almost 3 years ago, so I do not keep my hopes up.

[TNinVB]

I think I am the only one who liked ther earlier rendering over the one above...its still a beautiful building, I just favored the other drawing more.

I agree. Maybe if we could see more renderings of the current design it would help. I definitely liked the base of the first version the best.

[CenterHill]

Sorry Michael, I was told you owned this lot as well. I knew you owned the adjacent lot. So, this begs the question, when are you going to develop your lot? How long are you going to keep that expansive surface lot? Even you must agree, that lot is better served with a  development, not surface parking.

I believe the adjacent lot Michael referred to is The Listening Room. The Sobro will be wedged in between that building and the diner.

[hayesmw]

Sorry Michael, I was told you owned this lot as well. I knew you owned the adjacent lot. So, this begs the question, when are you going to develop your lot? How long are you going to keep that expansive surface lot? Even you must agree, that lot is better served with a  development, not surface parking.

 

In regards to Myridi's statement, yes I remain cautiously optimistic about the Sobro, but until I see a crane, I have my doubts. This tower was announced almost 3 years ago, so I do not keep my hopes up.

Our firm owns the surface lot as well that fronts KVB at 2nd.  I agree that it is better served with development.  That said, there is no pressure.  Our focus is on the surface lot at 1st and Demonbreun, across from the proposed SoBro.

[titanhog]

Thanks Michael.

 

Am I correct in assuming that if developers wanted, SoBro could basically become as dense as the CBD?  I'm not saying it will...but with there being quite a few empty lots and so many low rise buildings with tenants that would consider moving for the right price...it seems we could fit 50 more high-rise buildings into the loop if needed.

[hayesmw]

Very complicated question.  For a start see:   http://www.nashville.gov/Planning-Department/Community-Planning-Design/Community-Plans/Downtown.aspx  and then http://idesigninc.net/mdha/rollingMill.php.  

[smeagolsfree]

Shutting the gas lines down at the site today and made the people working on the Diner mover the fencing off the SoBro site. Looks as if we are about there.

[UTgrad09]

Shutting the gas lines down at the site today and made the people working on the Diner mover the fencing off the SoBro site. Looks as if we are about there.

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