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Crescent Demonbreun - 410' - 35 stories - Blasting


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8 hours ago, titanhog said:

Wouldn't it be awesome if someone could come up with a garage plan that no one would ever guess is a garage?

You can with proper ventilation.  But it requires more mechanical equipment and planning.  I have no real issue with this garage design.  I wish stand alone garages would incorporate some design elements into their structures as opposed to just simply building a structure of ramps and parking spaces.  I use to park in a garage in the Reston Town Center in Northern VA that incorporated metal grids, concrete formed panels and planters with vine type plants to add greenery.  They also added lighting that cascaded with the plants, which had a nice twinkling effect at night.  The National Harbor which is on the Potomac River in Maryland, just downstream from Washington, DC where Gaylord built the primary hotel and an MGM Grand Casino is under construction, tends to build garages that look like small office buildings.  They could do more with the design, but at least they aren't just plan concrete structures.  They blend in nicely with other buildings in the Harbor.  

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Wouldn't it be awesome if someone could come up with a garage plan that no one would ever guess is a garage?

There are tons of them all over the city lined by residential units. Lining the garage with occupied space is absolutely the best way to conceal the garage. But those units are expensive....

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9 minutes ago, LA_TN said:

I'm not too terribly upset by this. On one hand, the height (and shape, to an extent) were good....but it wasn't the most attractive proposal out there. Plus, Nashville probably needs a few of these projects to be put off for a little while so others (such as 5th + Broad and Northern Capital) can be built.

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20 minutes ago, UTgrad09 said:

I'm not too terribly upset by this. On one hand, the height (and shape, to an extent) were good....but it wasn't the most attractive proposal out there. Plus, Nashville probably needs a few of these projects to be put off for a little while so others (such as 5th + Broad and Northern Capital) can be built.

Agreed.  Plus, the lot is still owned by Turnberry, so I have all the confidence in the world that they will select a quality project in the end.

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This is no surprise as I had heard they did not have financing for the project. This is what I have been talking about at the meets for a while and that is the fact that, the slow down is upon us.

There are too many high rise, high end apartments coming on line and the rents are starting to falter a bit with one and two months free rent. If that does not bring them in, then the rents will drop and start dropping faster.  This is not sustainable. This project along with the Smithfield project on 6th South are two good examples.  There is a slow down in permits and a slowdown on Development Tracker.

A few of these projects may be delayed or scraped. Many will have to wait on the next cycle. Its like running a sprint and needing to catch your breath.

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54 minutes ago, markhollin said:

The Post article makes it sound as if Buckingham Gulch is dead.  I thought it was just being delayed?

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^

Yeah that hasn't been any official cancellation (or even official shortening) of the Buckingham project yet.  I'm still holding out hope that they'll just sit on it until the next cycle kicks up and they can hopefully build the full tower as planned. 

I was looking forward to Crescent Demonbreun, but I'm not heartbroken hearing this.  As others have said, Turnberry owning this land and controlling its destiny means that it should end up being a pretty nice project one way or the other.  It'll be interesting now to see which big projects start within the next year and which ones get put on the back burner for the next cycle.

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It appears we've reached critical mass on high rise apartments.  Gotta believe many of the apartment buildings that are planned but haven't broken ground will be delayed or cancelled over the next couple of years until we see how the market absorbs this huge surge of apartments coming online.  I wonder how this will effect the towers at the old CC site...1st Ave next to ped bridge...Lifeway site...and a few others that haven't broken ground yet?

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6 hours ago, titanhog said:

It appears we've reached critical mass on high rise apartments.  Gotta believe many of the apartment buildings that are planned but haven't broken ground will be delayed or cancelled over the next couple of years until we see how the market absorbs this huge surge of apartments coming online.  I wonder how this will effect the towers at the old CC site...1st Ave next to ped bridge...Lifeway site...and a few others that haven't broken ground yet?

I assume the Endeavor Whole Foods will be a casualty as well which is irritating. 

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But will the number of people moving to Nashville decrease too? Won't that influx continue to fuel the need for more apartments, condos, office space, etc.? And that doesn't even address the need for more hotel rooms.

I haven't been here a full year yet - it's too soon to slow down!

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I think the high-end apartments will have to fill at a decent rate before anymore start or at least anymore are announced. Anything starting next year will not come online for 2 to 3 years after that.

As far as housing needs, it remains very high and the more affordable projects should be fine. I do believe there will be numerous infill projects happening.

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7 minutes ago, VSRJ said:

But will the number of people moving to Nashville decrease too? Won't that influx continue to fuel the need for more apartments, condos, office space, etc.? And that doesn't even address the need for more hotel rooms.

I haven't been here a full year yet - it's too soon to slow down!

This appears to be a part of the natural cycle. And "slowdown" doesn't mean "stop". 2015-16 was a banner year for Nashville development. Nothing short of remarkable. While I love seeing all the cranes, there's definitely a part of me that doesn't want to see Austin-level craziness (at least not yet). And a slowdown should also allow us to take a look and see what type and what level of development in needed (we are building a lot of highrises. Do they fill up quickly? Or is there a greater need for smaller urban multifamily?)

My hope is that we can squeeze in a few of the larger mixed use developments (5th + Broad, Northern Capital) in the meantime, even if our overall crane count goes down.

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