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Inner Loop - CBD, Downtown, East Bank, Germantown, Gulch, Rutledge


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3 hours ago, PHofKS said:

I'm sure the Hampton Inn got it's land relatively cheap and is thrilled to death about it's return on it's investment. For the cost of an interstate hotel, they have a facility that can charge up to $300 per night in a fully reserved building. There are high fives all around in somebody's boardroom, no doubt.

As for other hotel development, they are building them in (city) blocks of a thousand rooms. The Marriott/Holiday Inn/Joseph block will have around a thousand rooms as will the Cambria/Embassy/Curio block.  And the JW /Weston block is close to that amount. When they have enough, they will stop building.

(A little dated)...

38975623655_58961b99eb_c.jpg

And that doesn't even include:

*The several boutique hotels (Bobby, Dream, Graduate, Holston House, etc.)

*The proposed Endeavor (3-tower) hotel

*The propsed Towneplace Suites

*The proposed SoBro Hyatt House

*The other proposed SoBro Hyatt (Ragland)

*The proposed House of Blues hotel

*The new hotels in Midtown (Hyatt Place, Virgin, etc.).

*The proposed W Hotel in The Gulch

Edited by urbanplanet17
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2 hours ago, Ingram said:

How is it inadequate? The Omni has over 800 rooms. That is at least 240 more rooms than anyone else downtown.

Typically the anchor hotel for a large convention center will be at least 1,000 rooms. So it’s not like the Omni is small by any means, it’s just that they could have built it much larger and still filled it up. 

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Austin’s original convention center hotel was only 800 rooms (Hilton). There is now a 1,200 room Fairmont connected to it, some 14-15 years later. Something more impressive than the current stuff being built will pop up at some point. Meeting planners still want big box hotels in which to acommodate convention attendees. It becomes such a nightmare to piece together large blocks of rooms when there are 500 here, 200 there, and 800 in another place. 

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On ‎3‎/‎21‎/‎2018 at 10:10 PM, Mr_Bond said:

With Yazoo's announced move to Madison, is there word about who has the contract on their Gulch property?

I was informed by a friend who knows the Yazoo management that the move won't happen for a year and a half. 

Didn't hear why it would take so long, but I suppose it takes a while to build a brewery.

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32 minutes ago, PHofKS said:

I was informed by a friend who knows the Yazoo management that the move won't happen for a year and a half. 

Didn't hear why it would take so long, but I suppose it takes a while to build a brewery.

If they're looking to maximize their production, they probably are going to wait until the building is completed and then wait until the last minute to move their production equipment over to minimize down time (which would, in turn, increase the build time of the new facility). Not to mention any new equipment that they're going to be installing, much of which has to be custom-built for the space and requirements of the brewer. There is a LOT that goes in to building a moderately sized brewery. It's a bit of an inverse curve regarding build times...small breweries can use second hand or pre-built systems and shove it into a space that fits, huge breweries just throw money at the problem, the mid-sized ones take a while to get things set up and running though.

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7 hours ago, Ingram said:

How is it inadequate? The Omni has over 800 rooms. That is at least 240 more rooms than anyone else downtown.

By definition.  If you don’t have enough rooms to meet demand and lose business as a result, it is inadequate.  The original proposal was larger but they cut it down.

And what nashvylle said.

 

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23 minutes ago, FrankNash said:

Don't forget this was during the recession'.    A bold move at the time by Dean,  now  other cities are wanting to  cash in on new bigger and brighter convention centers.

Yeah, that was my thought as well reading through the posts.

As credit lines were still extremely tight and there was a ton of uncertainty surrounding future demand with how slowly things were recovering, developers were hesitant to go too boldly with projects. 

Edited by urbanplanet17
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14 hours ago, FrankNash said:

Don't forget this was during the recession'.    A bold move at the time by Dean,  now  other cities are wanting to  cash in on new bigger and brighter convention centers.

Exactly.It was bold at the time. Also, if the Omni had filled all of the convention center's hotel room needs in one fell swoop, then we would have no need for all of the great hotels we are getting currently in that area.

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^ ^ ^   I'm thinking it might be this: 

Design Within Reach — a Northeast-based modernist furniture and home accessories retailer affiliated with the iconic Herman Miller brand — will open this summer in The Gulch.

The store will take the Laurel House space last home to Kenny & Co., which sells primarily kitchen and bath products. The address is 303 11th Ave. N.

More here:

https://www.nashvillepost.com/business/retail/article/20997700/gulch-set-for-modern-furniture-retailer

 

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