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12S/ 8S/Berry Hill/Belmont/WeHo/Chestnut Hill/Fairgrounds/ S. Nashville/Antioch Projects

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Penny Backer Capital Management will be one oft he first tenants in the 160,000 sq. ft. warehouse space being redeveloped into office space at 3040 Sidco Drive.

More behind NBJ paywall here:

https://www.bizjournals.com/nashville/news/2020/02/19/fresh-off-big-2019-austin-investor-plants-roots-in.html?ana=twt

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83 Freight (3 story apartment complex of 91 units made from shipping containers) at 2150 Byrum Ave. is for sale for an undisclosed price even before it is completed.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21117629/weho-shipping-container-project-for-sale

 

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Novel Edgehill (5 stories, 270 residential units on 2.7 acres at 801 12th Ave. South) has landed a $51.4 million loan from Citizens Bank for construction to start within the next few weeks.  Completion date is scheduled for late 2021. 

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21118272/muse-developer-lands-155m-loan

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1 minute ago, markhollin said:

Novel Edgehill (5 stories, 270 residential units on 2.7 acres at 801 12th Ave. South) has landed a $51.4 million loan from Citizens Bank for construction to start within the next few weeks.  Completion date is scheduled for late 2021. 

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21118272/muse-developer-lands-155m-loan

This development will do a lot to connect The Gulch with the various Edgehill buildings.  Many visitors stay in STRs in the Edgehill area and walk into The Gulch.  Having long-term renters in this building will make the area just over the I-40 bridge seem like it's vibrant.

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1 hour ago, Mr_Bond said:

This development will do a lot to connect The Gulch with the various Edgehill buildings.  Many visitors stay in STRs in the Edgehill area and walk into The Gulch.  Having long-term renters in this building will make the area just over the I-40 bridge seem like it's vibrant.

The whole 12S corridor is going to be something special with all of the new development that’s popped up. 

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A temporary ban on apartment development in Antioch is being considered by Metro Council in Districts 28, 29, and 32. 

The bill highlights the tensions surrounding public officials' ability to balance growth with investing in infrastructure and services.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2020/02/27/bill-would-freeze-apartment-development-in-this.html?iana=hpmvp_nsh_news_headline
 

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Being that close to Rutherford County, those apartments will just go across the county line. Long story shortened... same volume of traffic along I-24 and feeders, but farther out. Granted, the children won't be in-county to attend Metro schools. 

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That place is always packed. They opened at the perfect time.

 

Also, god, I can't wait for spring and summer.

Edited by PaulChinetti
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2 hours ago, CenterHill said:

I also noticed Edley's in 12S has removed their deck and the underlying concrete.   Appears they are either replacing the deck or building an addition. 

Replacing the deck and adding a full covered roof. ( vs. the trellis that was there)

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