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markhollin last won the day on April 22

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  1. The median property value across Davidson County jumped 34% for 2018-2020. Property owners should begin receiving letters today detailing their specific changes, said county Property Assessor Vivian Wilhoite. Actual tax bills will be mailed in October. "Nashville has continued to attract new businesses, and the demand for homes and commercial property since the last reappraisal has produced significant changes to assessed values," her office said in a press release. More at NBJ here: https://www.bizjournals.com/nashville/news/2021/04/23/davidson-county-property-reappraisal.html?cx_testId=40&cx_testVariant=cx_34&cx_artPos=0#cxrecs_s
  2. Additional specifics that will be up for debate and vote regarding Oracle at Metro's Industrial Development Board Meeting on April 27th: At the full projected headcount of 8,521 employees, Oracle's annual payroll would total $1.1 billion (for average pay-per-job of $129,093). Oracle would contribute $2 billion a year to the state's gross domestic product (which was $376 billion pre-pandemic; the Nashville metro area's tally was $138 billion). Construction would directly employ 10,051 full-time-equivalent workers who would earn an estimated $673.4 million of wages. Construction would generate $16.1 million in local sales taxes. Oracle will craft a plan to involve small, minority- and women-owned businesses in construction of the $175 million of public infrastructure. The goal will be funneling "at least twenty percent (20%), to the extent feasible, of the hard construction costs" to those kinds of companies. The 25-year clock on reimbursements to Oracle would begin immediately, which would mean the final payment would be made no later than 2046 (without interest). Oracle is not requesting Metro's standard jobs grant, which provides $500 cash per new job, in annual payments repeated for up to seven years. More at NBJ here: https://www.bizjournals.com/nashville/news/2021/04/23/oracle-proposed-campus-nashville-idb-vote.html?ana=twt
  3. It will be part of the May Hosiery redevelopment by AJ Capital Partners. A great deal of work on the 80,000 sq. ft. former sock factory is underway. No ETA on when the hotel will be opening. I believe the boutique will be about 50 rooms. I will move this over to the appropriate thread.
  4. Blue Parrot (3 story bar) update: More structural steel in place on 3rd level. Looking SE from intersection of 4th Ave. South and Molloy St:
  5. Belle Meade Ridge Townhomes (3 stories, 35 units) have opened at 6949 Hwy. 70 West. More at The Tennessean here: https://www.tennessean.com/story/money/homes/2021/04/23/new-bellevue-townhome-community-close-parks-shopping/7332763002/
  6. The Marketplace at Savannah Ridge (24 acres at U.S. Hwy 31 and Joe B. Jackson Parkway in Murfreesboro) has gotten underway. It will feature an Aldi Grocery as its anchor tenant, and should be open by this November. BSM Properties is the developer, and MJM Architects is in charge of design. More behind the Nashville Post paywall here: https://www.nashvillepost.com/business/technology/of-note-23-april-2021/article_898ed2c4-a3ba-11eb-9d1a-ff9163cf6409.html
  7. Artificial Intelligence elevators will be coming to Alcove and Prime: Tony Giarratana has selected Mitsubishi Electric US to provide elevator systems for future residential towers Alcove at 900 Church Street and Prime at 801 Church Street. The elevators will be equipped with the Mitsubishi Electric Sigma AI 2200C Destination Oriented Allocation System, which works with Mitsubishi Electric’s touch-free elevator call system smartphone application. With the application’s intuitive, user-friendly interface, residents will have the ability to call an elevator wirelessly prior to arriving at the elevator lobby. More behind the Nashville Post paywall here: https://www.nashvillepost.com/business/technology/of-note-23-april-2021/article_898ed2c4-a3ba-11eb-9d1a-ff9163cf6409.html
  8. Premier Parking has announced new checkout-free mobile technology. It is first being used in Nashville, with plans to expand to all Premier sites over the coming months. The proprietary technology was created by Metropolis and is billed as an “AI-powered autonomous commerce platform built to modernize parking and empower the future of mobility.” With the app, customers get can pay for parking at any of the new Metropolis-driven locations across Nashville. Once enrolled, each time a customer pulls into an enabled location, computer vision technology immediately detects a customer’s arrival and triggers a text message confirming the start of her or his parking session. When finished, customers are charged for the exact duration of their stay, eliminating the need for looking for payment kiosks, getting ticketed for expired time or paying for more time than they used. Subscription parking and validated parking will also be improved, with the scan of a QR code or a phone tap granting weekly and monthly access. More behind the Nashville Post paywall here: https://www.nashvillepost.com/business/technology/of-note-23-april-2021/article_898ed2c4-a3ba-11eb-9d1a-ff9163cf6409.html
  9. Looking NE at the site from newly opened Upper 10th Ave. North, 1/4 block north of Church Street Viaduct:
  10. Up to 7th level on south side; 8th level on north side. Looking NE from I-65/40 inner belt: Looking north from I-65/40 inner belt: Looking SW from Division St., 1/2 block west of 8th Ave. South:
  11. Looking north from 2nd Ave. South, 1/2 block north of KVB: Looking NW from intersection of Molloy St. and 2nd Ave. South: Looking south from intersection of Demonbreun and 2nd Ave. South:
  12. Some renderings for Tampa's massive Water Street development around the existing hockey arena ($3 billion, a dozen new structures over 53 acres):
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