5th & Broadway | 501 Commerce | NMAAM | 34 story apt, 26 story office, + 183,000 sq. ft. of Retail

[Paramount747]

1 hour ago, nashvylle said:

Unfortunately Signature Tower had the same advertising. I am not saying that this project is similar to Signature Tower, but I personally am not putting anything behind it

Is there any chance the retail could happen but the office and residential come later? or does it all have to happen at once?

I agree. I don't go by renderings. I have seen a lot of pipe dreams come and go over the years and they had some very expensive renderings and even expensive models perched in windows that never got built. You should have seen the Nashville City Center Towers 1 and 2 in the window for the sales office on Capital Blvd. One of the models was at least 6 feet tall costing thousands. It sat in the window for years.

[volsfanwill]

I still wish the side facing broadway would mimic the older buildings along lower broadway. and have more honky tonks in them.   I hate to say it but if we keep attracting more major events, we will need more of them, they are all packed full as it is with just tourists, event weekends you cant even move down there. 

as a side note, the office portion of the arena could also be used this way, with historic looking facades holding more honky tonks.

[NashvilleTaylor]

8 hours ago, volsfanwill said:

I still wish the side facing broadway would mimic the older buildings along lower broadway. and have more honky tonks in them.   I hate to say it but if we keep attracting more major events, we will need more of them, they are all packed full as it is with just tourists, event weekends you cant even move down there. 

as a side note, the office portion of the arena could also be used this way, with historic looking facades holding more honky tonks.

Nah, there are two major new multi story honkey tonks in the works plus the new multi story 24 hour restaurant attached to the sobro and I really wish downtown would have some more diversity.  

[titanhog]

Yeah...I think keeping the honkytonks below 5th Ave is best...with a more diverse entertainment area west of there (5th & Broad up to Lifeway Campus).

[Nashville Cliff]

12 hours ago, volsfanwill said:

as a side note, the office portion of the arena could also be used this way, with historic looking facades holding more honky tonks.

I'm afraid that would look a bit too Disneyish.

[markhollin]

I agree that the Lower Broadway entertainment district should basically end at 5th & Broadway.  But it could grow further north and south along First, Second , and Third Avenues (it actually HAS been doing that).  

Speaking of Second Ave. North, when can something be done about the old phone company building between Commerce and Church Streets on the west side?  That solid 6-story brick wall with very little street activation is such a waste.  From what I understand, most of the equipment inside is now obsolete and sitting dormant.  It would seem that a really cool 10-15 story brick hotel with lots of restaurants/clubs on the first few floors could be built there.  I also think that empty lot between First and Second on Church Street is long-overdue for some cool, integrated development. If the phone building and this Church Street lot were developed, along with the completion of the 21c Hotel, then the Second Avenue Entertainment district could stretch nearly all the way to Courthouse Square. This could also create better spillage over to the redeveloped Printers Alley area.

[volsfanwill]

if you think ours is bad, check out the one in NYC

https://en.wikipedia.org/wiki/33_Thomas_Street

[BnaBreaker]

Here in Chicago, we have a vertical prison...though, I'm not gonna lie, I kinda like the way it looks, especially compared to other largely windowless highrises.  It kinda has a Star Wars-y thing going on to me.  

[Neigeville2]

9 hours ago, volsfanwill said:

if you think ours is bad, check out the one in NYC

https://en.wikipedia.org/wiki/33_Thomas_Street

Actually that one has some style, if (like me) you like a taste of Brutalism now and then.  Way better than ours.

[CenterHill]

Looked like some core drilling taking place at the old CC site this morning.    

[wmaddbb2018]

5 hours ago, CenterHill said:

Looked like some core drilling taking place at the old CC site this morning.    

Big news on the horizon?

[Guest]

Big news on the horizon?

No news. Project still on track. Verification work ongoing.

[TNinVB]

Any news on this project? Is it dead?

[wmaddbb2018]

41 minutes ago, TNinVB said:

Any news on this project? Is it dead?

The previous post says it's still on track but I have my doubts as its dragged on so long. Hoping I'm wrong, but we shall see.

[UTgrad09]

Some projects move more quickly than others. Sit tight. This one is more complicated than most.

[Jamie Hall]

I'm optimistic that something will break ground on the CC site within the next 2-3 years. Purely looking at it financially, Metro has to be losing money by having an empty building and paying for the upkeep.

Although, on second thought, I've said the same thing about the WES site and its owner.

[NashRugger]

1 hour ago, Jamie Hall said:

I'm optimistic that something will break ground on the CC site within the next 2-3 years. Purely looking at it financially, Metro has to be losing money by having an empty building and paying for the upkeep.

Although, on second thought, I've said the same thing about the WES site and its owner.

Well, those a two different things really. As long as Palmer is content with his crater and still pays the property taxes on it, and since there are no strong/strict ordinances and/or laws for such things, Metro can't really force his hand. Metro, however, probably wants this to go right and completely/fully financially solvent so they don't wind up with a potential WES right smack the hell in the middle of downtown. 

[titanhog]

There was just a little update on News 2 about the National Museum of African American Music.  At the end of the story, they stated that the museum was currently under construction.  That's not true...right?  If so...that would mean they've moved to another location.

[VSRJ]

5 minutes ago, titanhog said:

There was just a little update on News 2 about the National Museum of African American Music.  At the end of the story, they stated that the museum was currently under construction.  That's not true...right?  If so...that would mean they've moved to another location.

Sounds like typical local TV media misinformation (or the more likely misunderstanding): http://www.bizjournals.com/nashville/news/2016/05/02/music-museum-in-convention-center-project-adds.html

"A music museum proposed to occupy a prime location within a $400 million mixed-use development downtown is receiving $2 million from the state's 2016-17 budget."

[MLBrumby]

Goodgawd!!  I've never lived in a city that did not have utterly rotten local "news" media.  Atlanta was THE WORST. 

[smeagolsfree]

One of the news stations reported the project would start construction in mid summer. So I guess that means demolition.

[markhollin]

Some more details from NBJ on the risings costs involved with getting the National Museum of African American Music funded.  It will be part of the 5th and Broadway development on the former CC site. The main entrance will be directly across the former front entrance of The Ryman.  Includes these additional renderings that I don't believe have been shown before. I really like the big wrapping digital screen above the entrance.

http://www.bizjournals.com/nashville/news/2016/05/03/sharp-spike-in-costs-poses-new-hurdle-for-high.html

 

Edited May 3, 2016 by markhollin

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Adam Sichko‏@NSHBIZSichko

1/4 as Preds fans filed into Bridgestone last nite, Pat Emery hosted 100 real estate broker-types across the street in old convention center

2/4 Emery and co-developer Dene Oliver, from San Diego, formally pitched the industry reps on this $400M project

 

3/4 the formal "coming out party" for the project included talk of the 32-story tower that's part of the plan

4/4 Here's our latest, w/Emery saying he has all equity committed. still must buy the site http://bizj.us/1k51nc 

[VSRJ]

More boxes, but overall I love the concept of the entire project. A game changer, no doubt.

[BnaBreaker]

I love how it not only extends the Broadway entertainment district, but diversifies it as well.  Also, this will hopefully encourage the Bridgestone Arena folks to more forward with their idea to put retail along the Broadway side of the arena.