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Showing results for tags 'albion residential'.
A 21 story residential/office tower will be built on the 1.3 acre site at 645 Division St. (in between Frugal McDoogal and The Haven), and butting up against the I-65/I-40 interchange on the southern loop. Chicago-based Albion Residential is under contract for the site at $15.5 million. Tim Reynolds is selling it for a handsome profit on his $8.9 million purchase in 2018. There will be 430 residential units, 29,650 sq. ft. of office space, 5,550 sq. ft. of retail, and a 364 capacity garage. The Metro Planning Commission will vote on a rezoning to allow for the development on Thursday, June 25. More behind the NBJ paywall here: https://www.bizjournals.com/nashville/news/2020/05/14/chicago-apartment-developer-gulch.html?iana=hpmvp_nsh_news_headline And behind the Nashville Post paywall here: https://www.nashvillepost.com/business/development/article/21133501/tower-eyed-for-elevated-gulch-site This screenshot from Smeagolsfree's excellent development map shows the site highlighted in teal at the center of the frame: