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


MidTenn1

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6 hours ago, ariesjow said:

It will be such a welcomed sight to see more retail downtown that isn't directly related to country music tourism. Uniqlo is another fast fashion store that would also be a welcomed sight for Nashville. Their clothing is a step up from H&M.

Agreed.  A big step up.

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47 minutes ago, nightranger36 said:

any word on this being extended again after the sept. 30 deadline and if things are still on track?

All quiet on this front right now. It is painfully quiet. Until this project starts, I will be uneasy. They have only announced one retail tenant and no office tenants. The market for high end apartments is overbuilt right now which could delay that portion of the project. Too many entities vying for office tenants right now.

 

Welcome to the forum nightranger36. Great to have you aboard. We also are having a forum meet this Saturday at 10 am at the downtown library location. Everyone is welcome to attend.

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If they don't get this going by early 2017 it would seem like it's not happening.  I have no inside information, but should things have progressed further than where they are if it was a go?


Why would they invest another $250K on an extension if it was a no go?
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On 10/7/2016 at 10:37 PM, NoChesterHester said:

 


Why would they invest another $250K on an extension if it was a no go?

 

Because they have done a ton of work to get to this point, and another $250k as a sunk cost is not a huge deal, but the economy is starting to shift so my gut tells me it doesn't happen.  But I would be thrilled to be wrong.

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