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Stanza Hotel/The POD, 14 stories, 240 rooms, $18 Million, 400 Lafayette Street, SoBro


markhollin

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47 minutes ago, BnaBreaker said:

The design is definitely pretty uninspired, but im just pleased to be getting any height at all on this tiny a lot.

I would be shocked if this is built. His budget for this 12 story hotel is the same budget for many of the 4 story apartment complexes going up around town.

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12 minutes ago, samsonh said:

I would be shocked if this is built. His budget for this 12 story hotel is the same budget for many of the 4 story apartment complexes going up around town.

Well, even with the vertical construction, he has a much smaller footprint than any of the 4 story apartment complexes currently under construction. He also doesn't have to construct structured parking...that in itself is approximately $20,000 per space to develop. 

18 Million seems a bit low, but given the small footprint and the fact that it is a hotel that will probably be furnished in the most basic way, it may make sense. That 18 Million is probably only what the project has been roughly estimated at. It will probably change (probably already has) and will probably be much more expensive. 

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6 hours ago, BnaBreaker said:

The design is definitely pretty uninspired, but im just pleased to be getting any height at all on this tiny a lot.

But is an uninspiring design an acceptable cost for height? As much as we make fun of Nashville's cardboard box designs, the facade truly resembles cardboard, and the trim? Would be ecstatic if they went back to the drawing board with this one, even if it ended up shorter.

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