Ritz Carlton Hotel /Residential (46 stories & 32 stories, 240 rooms, 150 condos, 185 apts,), 560 capacity garage

[Tim29tn]

38 minutes ago, smeagolsfree said:

The big issue here is that many on the board want a new tall boy, but as long as these 25 to 30 stories buildings are being built (office that is), then we will not get a tall- boy high-rise unless we get a major, and I mean a major HQ relocation.

Even with land prices at a all time high in Nashville, there are so many parcels left to build on, its not even funny. Just look at the River North development...110 acres, a number of large parcels in SoBro, a few parcels in the CBD, West End, Midtown, etc......Lot of land to build on.

I have no problem with all of the 30 story buildings going up. After a while, the inner loop (of course River North would be awesome on the East bank as well) will be so vibrant it will attract a major HQ to want to build a dominating supertall/major high rise. Imo, Bridgestone is a big enough company to where they could've been the ones to do that, but of course they chose otherwise. This is just my opinion, but I honestly believe Nashville won't go straight super super tall (1000 ft) from where they stand now. There will be two or three 700-800 footers, then a 1000 footer will dominate the skyline and I wouldn't give it more than 8-10 years at the pace of the boom we are witnessing. 

[volsfanwill]

12 hours ago, smeagolsfree said:

Those stupid poles look ridiculous and will look even worse when the other buildings are built.

maybe they will rot away soon

[arkitekte]

8 hours ago, dragonfly said:

"...  unlike anything in the current Nashville skyline " except like the rest of the skyline it would conform to the flat top 30~31 story canon. I don't get why these developers don't do something really different for Nashville, like build a 34 story building. You would think it would be good for marketing. Like imagine this: "Our offices are on the 33rd and 34th floors".

 

 

4 hours ago, smeagolsfree said:

The big issue here is that many on the board want a new tall boy, but as long as these 25 to 30 stories buildings are being built (office that is), then we will not get a tall- boy high-rise unless we get a major, and I mean a major HQ relocation.

Even with land prices at a all time high in Nashville, there are so many parcels left to build on, its not even funny. Just look at the River North development...110 acres, a number of large parcels in SoBro, a few parcels in the CBD, West End, Midtown, etc......Lot of land to build on.

To answer dragonfly's question, and to add what smeagolsfree noted, is it really financially feasible to construct office space at that height? Of course these developers are studying real estate prices, market rates, rents, etc. to determine what realistically can be constructed. 

Certain heights are going to lead to the introduction of new code regulations, additional costs regarding architectural and structural design, additional construction materials and most of all, higher rates. Can a developer market spaces with higher than market rate rents to compensate for the additional height? I'm not for sure, but that's probably where the answer lies. 

[titanhog]

1 hour ago, arkitekte said:

 

To answer dragonfly's question, and to add what smeagolsfree noted, is it really financially feasible to construct office space at that height? Of course these developers are studying real estate prices, market rates, rents, etc. to determine what realistically can be constructed. 

Certain heights are going to lead to the introduction of new code regulations, additional costs regarding architectural and structural design, additional construction materials and most of all, higher rates. Can a developer market spaces with higher than market rate rents to compensate for the additional height? I'm not for sure, but that's probably where the answer lies. 

I think it depends on IF they have someone prepared to take X amount of the building before they build.  If it's all spec...then yes, I can't imagine them going any higher.

[japan]

13 hours ago, volsfanwill said:

maybe they will rot away soon

As bad as the poles look, I'm torqued that they even cheaped out on the LED lights that were supposed to be mounted on the tops of the poles.  At least that would have been interesting to see at night.

[troyboytn]

21 hours ago, smeagolsfree said:

The big issue here is that many on the board want a new tall boy, but as long as these 25 to 30 stories buildings are being built (office that is), then we will not get a tall- boy high-rise unless we get a major, and I mean a major HQ relocation.

Even with land prices at a all time high in Nashville, there are so many parcels left to build on, its not even funny. Just look at the River North development...110 acres, a number of large parcels in SoBro, a few parcels in the CBD, West End, Midtown, etc......Lot of land to build on.

Totally agree with this. In order to get a 600+ "all office" tower, Nashville would have to land a Fortune 500 corporate relocation  ranked 1-100 on the fortune list.The only exception might be a bank HQ relocation (such as Regions) as banks love to strut their financial power with extravagant "trophy towers" .  In this financial climate, that is the only way. However an office spec with a hotel component within the same tower could be possible (though not likely). My feeling is that within the next 25 years, the only hope of crossing that 600-700ft mark will be apartment/condo/hotel.  

Edited January 26, 2017 by troyboytn

[markhollin]

As Smeogolsfree mentioned at the Meet-Up last Saturday, core drilling has started at the Mainland KVB/Lafayette site.  Always a good sign that things are starting to percolate behind the scenes.

 

[urbanplanet17]

I'm not sure if there has been any updates on this project, but I'm going to think out loud here for a second.

So I read an article from a couple months ago that Asurion was looking for 300,000 sq. ft. of space in order to consolidate their offices around the Nashville area. From my understanding, one of these offices include Asurion's IT center in downtown Nashville at the corner of KVB and 2nd Avenue.

Also, from what I understand, Asurion currently has a long-term lease with the owner of the huge vacant lot bounded by Malloy, KVB, 2nd Avenue and 3rd Avenue, to ensure their employees have a dedicated place to park. To me, this arrangement is frustrating because with the Drury Plaza, Hyatt Place and the Hayes/Hines buildings all surrounding it soon, this parcel will be begging for a 20-30+ story building or two in order to solidify the infill in this part of town.

With all of that said, I'm also sure that Mainland would ideally want to line up a tenant for this office tower with 400,000+ sq. ft of space before they begin construction (which may be why we haven't seen much in the way of renderings or heard actual start dates).

So, just spitballing here (not sure how likely any of that is to happen), wouldn't it be awesome if Asurion reached an agreement with Mainland to become the main tenant of their office tower? Then, not only would that help to kickstart this project, but it would also open up the parcel next to their IT center to the development it deserves (and I'm sure plenty of interest has been expressed).

Thoughts?

[TheRaglander]

23 hours ago, urbanplanet17 said:

I'm not sure if there has been any updates on this project, but I'm going to think out loud here for a second.

So I read an article from a couple months ago that Asurion was looking for 300,000 sq. ft. of space in order to consolidate their offices around the Nashville area. From my understanding, one of these offices include Asurion's IT center in downtown Nashville at the corner of KVB and 2nd Avenue.

Also, from what I understand, Asurion currently has a long-term lease with the owner of the huge vacant lot bounded by Malloy, KVB, 2nd Avenue and 3rd Avenue, to ensure their employees have a dedicated place to park. To me, this arrangement is frustrating because with the Drury Plaza, Hyatt Place and the Hayes/Hines buildings all surrounding it soon, this parcel will be begging for a 20-30+ story building or two in order to solidify the infill in this part of town.

With all of that said, I'm also sure that Mainland would ideally want to line up a tenant for this office tower with 400,000+ sq. ft of space before they begin construction (which may be why we haven't seen much in the way of renderings or heard actual start dates).

So, just spitballing here (not sure how likely any of that is to happen), wouldn't it be awesome if Asurion reached an agreement with Mainland to become the main tenant of their office tower? Then, not only would that help to kickstart this project, but it would also open up the parcel next to their IT center to the development it deserves (and I'm sure plenty of interest has been expressed).

Thoughts?

Yes.  Yes it would.

Let me play devil's advocate and ask... because honestly I do not know the right answer.
If Asurion is looking to consolidate all its offices in Nashville that means it would be the corporate office in Grassmere park (which includes a large call center), offices near the airport, downtown IT offices and maybe the call center in Antioch?  Does it make sense to move the call center portions from the burbs to downtown?  My assumption is that the 300,000 rumored space needed includes them as well.

So, if not downtown... where?  Cool Springs?  Airport area?  (blech)

Edited May 8, 2017 by TheRaglander
For more content...

[PruneTracy]

7 minutes ago, TheRaglander said:

Yes.  Yes it would.

Who all is in Asurion's Ragland office? Is it only IT personnel or other departments? Just whoever wants to work downtown?

To me the question is whether the corporate headquarters wants to relocate from Grassmere (right?) to downtown, or more generally whether they want to relocate everyone downtown. With apologies, usually it's the suits in CBD high-rises and the support departments in the low-rent office parks, not the other way around. If the vast majority of the Nashville employees are from the latter then it may not make sense financially to be downtown.

[TheRaglander]

4 minutes ago, PruneTracy said:

Who all is in Asurion's Ragland office? Is it only IT personnel or other departments? Just whoever wants to work downtown?

To me the question is whether the corporate headquarters wants to relocate from Grassmere (right?) to downtown, or more generally whether they want to relocate everyone downtown. With apologies, usually it's the suits in CBD high-rises and the support departments in the low-rent office parks, not the other way around. If the vast majority of the Nashville employees are from the latter then it may not make sense financially to be downtown.

Ragland location is (for the most part) IT and the HR staff to support IT.  

I updated my comment above to provide more specifics.

[urbanplanet17]

1 hour ago, TheRaglander said:

Yes.  Yes it would.

Let me play devil's advocate and ask... because honestly I do not know the right answer.
If Asurion is looking to consolidate all its offices in Nashville that means it would be the corporate office in Grassmere park (which includes a large call center), offices near the airport, downtown IT offices and maybe the call center in Antioch?  Does it make sense to move the call center portions from the burbs to downtown?  My assumption is that the 300,000 rumored space needed includes them as well.

So, if not downtown... where?  Cool Springs?  Airport area?  (blech)

 

45 minutes ago, PruneTracy said:

Who all is in Asurion's Ragland office? Is it only IT personnel or other departments? Just whoever wants to work downtown?

To me the question is whether the corporate headquarters wants to relocate from Grassmere (right?) to downtown, or more generally whether they want to relocate everyone downtown. With apologies, usually it's the suits in CBD high-rises and the support departments in the low-rent office parks, not the other way around. If the vast majority of the Nashville employees are from the latter then it may not make sense financially to be downtown.

Hasn't Bridgestone already set a precedent with the consolidation of *every* worker for their core divisions in Nashville (from different parts of the country no less)? So I'm not sure that the viability of a similar move by Asurion would be an issue from a financial standpoint, especially if we're talking only having to deal with one facility, one landlord and one lease. 

To add, we're at a time now where companies are struggling to attract talent due to their undesirable locations in low-rent office parks (suburbs are out, CBDs are in). Thus, employers all over the country scrambling to relocate and establish a presence in central, urban locations in response. I imagine you're going to see a lot more employers who want to get in on this boom in downtown Nashville by establishing a significant presence early on before space really is at a premium (a similar thing is happening here in Detroit with suburban employers).

 

[TheRaglander]

18 minutes ago, urbanplanet17 said:

 

Hasn't Bridgestone already set a precedent with the consolidation of *every* worker for their core divisions in Nashville (from different parts of the country no less)? So I'm not sure that the viability of a similar move by Asurion would be an issue from a financial standpoint, especially if we're talking only having to deal with one facility, one landlord and one lease. 

To add, we're at a time now where companies are struggling to attract talent due to their undesirable locations in low-rent office parks (suburbs are out, CBDs are in). Thus, employers all over the country scrambling to relocate and establish a presence in central, urban locations in response. I imagine you're going to see a lot more employers who want to get in on this boom in downtown Nashville by establishing a significant presence early on before space really is at a premium (a similar thing is happening here in Detroit with suburban employers).

 

Up and coming places like Barry Farms are probably a fraction of the cost of $/sq foot too.  Prestige would be great, but so is a lower cost.  

[LA_TN]

9 hours ago, urbanplanet17 said:

Hasn't Bridgestone already set a precedent with the consolidation of *every* worker for their core divisions in Nashville (from different parts of the country no less)?....

Bridgestone is currently adding 450 jobs in 80,000 square feet of newly constructed office space in Antioch

[wmaddbb2018]

Anyone hear anything on this since May?

[markhollin]

Nothing new.  This graphic was put together by PHofKS (I think) on the Skyscraper City page:

 

[MidTenn1]

2 hours ago, markhollin said:

Nothing new.  This graphic was put together by PHofKS (I think) on the Skyscraper City page:

 

Yepadozzal. That's one of mine.

[archilove]

Will the thistles have to go? They add so much color.

[wmaddbb2018]

I'm guessing this would be about as tall as the JW Marriott?

[markhollin]

We may be getting an announcement and some renderings as early as tomorrow on this project.  Some insiders have seen drawings and they believe it will be one of the nicest structures in Nashville. 

[Pdt2f]

59 minutes ago, markhollin said:

We may be getting an announcement and some renderings as early as tomorrow on this project.  Some insiders have seen drawings and they believe it will be one of the nicest structures in Nashville. 

 

[bigeasy]

Patience is not my strength

[wmaddbb2018]

So about 350ish feet?

[titanhog]

3 hours ago, wreynol4 said:

So about 350ish feet?

400ish hopefully

[e-dub]

missing posts, here. does this mean we shouldn't expect information soon, then?