Four Seasons Hotel and Residences, 40 stories, 542', $400 million

[Mr_Bond]

3 hours ago, Pdt2f said:

I’m assuming you don’t mean Q1 of FY 2019? (Not a financial whiz but aren’t we in that Q right now?). Although I’d be happy to the point of dancing if it started in the next month. 

We're in 2018 Q3 (Jul-Sep) for a calendar year.  If we were speaking of Metro's fiscal year then, yes, we would be in Q1 of the 2019 fiscal year.

[Pdt2f]

Just now, Mr_Bond said:

We're in 2018 Q3 (Jul-Sep) for a calendar year.  If we were speaking of Metro's fiscal year then, yes, we would be in Q1 of the 2019 fiscal year.

Oh ok, thanks for clarifying that!

[smeagolsfree]

John spoke to someone at the new JW Marriott said the confirmed a new Four Seasons as well. This I one that I don't think was a very well kept secret as we have heard from multiple sources.

[nashwatcher]

4 minutes ago, smeagolsfree said:

John spoke to someone at the new JW Marriott said the confirmed a new Four Seasons as well. This I one that I don't think was a very well kept secret as we have heard from multiple sources.

Do they have financing yet??? What odds you give this of actually breaking ground?

[smeagolsfree]

I am not sure about the financing, but they do seem to keep moving slowly forward with this project and seem to be committed to the project.

[urbanplanet17]

I'm sure if they can land a high profile tenant like the Four Seasons, financing shouldn't be a problem and groundbreaking would happen relatively qiuickly.

[Bos2Nash]

I was actually discussing some development with a millwork project manager and he informed me that his company is doing a full room build-out sample for a four seasons here in Nashville. Mentioned that they weren't doing the full job (at least not yet), but they will be assembling the mock up (promo purposes?). He was not sure about the final site, but when I brought up the potential of this site, he essentially grinned and nodded.

[titanhog]

Just a reminder of what this development will look like.

 

[DDIG]

2 hours ago, urbanplanet17 said:

I'm sure if they can land a high profile tenant like the Four Seasons, financing shouldn't be a problem and groundbreaking would happen relatively qiuickly.

I think this also has ultra high end condos so they may also be OK to slow play a little bit to hit the right cycle. Probably drooling over being ready for when Alliance Bernstein is here in full.

[PaulChinetti]

Does this still have the connection to the pedestrian bridge, where you walk right into a bar/live music area?

[Bos2Nash]

1 hour ago, DDIG said:

I think this also has ultra high end condos so they may also be OK to slow play a little bit to hit the right cycle. Probably drooling over being ready for when Alliance Bernstein is here in full.

Newer Four Seasons Towers tend to have high condos, yes. The towers are anchored by a luxury hotel, and then have high end condos above. 

For example, here is a basic diagram for the one they are building in Boston right now. (Boston is now one of the few cities that can claim a residential tower managed by the Four Seasons, along with New York, Shanghai, and London.)  The tower has a 215 room hotel and 160 private residences. Average asking price for the residences is expected around 6 million and a penthouse that has already reportedly been sold for 40 million to the founder of Dell Computers

**For the height crowd, the tower's highest occupied floor sits at 691', total tower height expected to be around 710'-720'**

Edited August 27, 2018 by Bos2Nash

[dReAmWiELdEr]

Newer Four Seasons Towers tend to have high condos, yes. The towers are anchored by a luxury hotel, and then have high end condos above.  For example, here is a basic diagram for the one they are building in Boston right now. (Boston is now one of the few cities that can claim a residential tower managed by the Four Seasons, along with New York, Shanghai, and London.)  The tower has a 215 room hotel and 160 private residences. Average asking price for the residences is expected around 6 million and a penthouse that has already reportedly been sold for 40 million to the founder of Dell Computers

**For the height crowd, the tower's highest occupied floor sits at 691', total tower height expected to be around 710'-720'**

 

 

 

 

Do you think this means that the height of the 2nd Ave. project could possibly increase, since it has a smaller footprint?

 

 

 

 

[Bos2Nash]

1 hour ago, dReAmWiELdEr said:

Do you think this means that the height of the 2nd Ave. project could possibly increase, since it has a smaller footprint?

I tend to doubt it. From everything I have learned from Nashville, if anything it will get shorter. Depending on how parking works out (because the city loves to subsidize parking) My hope is that it stays tall enough to maintain the hotel AND residence portions

[TheRaglander]

59 minutes ago, Bos2Nash said:

I tend to doubt it. From everything I have learned from Nashville, if anything it will get shorter. Depending on how parking works out (because the city loves to subsidize parking) My hope is that it stays tall enough to maintain the hotel AND residence portions

Not everything gets shorter.  Stay tuned.

[PruneTracy]

3 minutes ago, TheRaglander said:

Not everything gets shorter.  Stay tuned.

[Bos2Nash]

8 minutes ago, TheRaglander said:

Not everything gets shorter.  Stay tuned.

[e-dub]

[Guest]

[smeagolsfree]

The height is already set. If they go higher they would have to get approval and its a little late in the process to do that. Don't speak evil about a project getting shorter. If you say it then it will happen in this city.

[TheRaglander]

I'm just saying.  Something in the gulch may be getting a smidge bigger.  Just a retort that not everything gets smaller in Nashville. 

[MLBrumby]

The hotel next door to the SoBro? 

Ahhhhhh [nodding with a wink].... Asurion's HQ at the Tennessean property in the Gulch. Hmmmm... so how much taller? 

Edited August 28, 2018 by MLBrumby

[satalac]

29 minutes ago, TheRaglander said:

I'm just saying.  Something in the gulch may be getting a smidge bigger.  Just a retort that not everything gets smaller in Nashville. 

Quit following me to Peg Leg Porker! 

[e-dub]

17 minutes ago, satalac said:

Quit following me to Peg Leg Porker! 

Memphis Sushi forever!

[BnaBreaker]

2 hours ago, TheRaglander said:

I'm just saying.  Something in the gulch may be getting a smidge bigger.  Just a retort that not everything gets smaller in Nashville. 

Is Station Inn getting ready to put a cinder block on their roof?  

[e-dub]

3 hours ago, smeagolsfree said:

The height is already set. If they go higher they would have to get approval and its a little late in the process to do that. Don't speak evil about a project getting shorter. If you say it then it will happen in this city.