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

[titanhog]

21 minutes ago, smeagolsfree said:

The large Teal lot next to 94 Peabody is where the KVB Swerdling hotels would be going. 

I forgot it was hotels.  Thanks!

[NashWellington11]

22 hours ago, markhollin said:

Love this use for this site. We need more build out of Hermitage Ave to really connect the trolley barns and all the residential units on the old hospital site to the rest of downtown. 

On another note, "RMH House" is already a widely used acronym for Ronald McDonald House Charities so they may end up rethinking this branding...

[PillowTalk4]

50 minutes ago, NashWellington11 said:

Love this use for this site. We need more build out of Hermitage Ave to really connect the trolley barns and all the residential units on the old hospital site to the rest of downtown. 

On another note, "RMH House" is already a widely used acronym for Ronald McDonald House Charities so they may end up rethinking this branding...

Glad I wasn't the only person to also think about that...

[markhollin]

MDHA Design Review Committee OK'd both RMH House (6 stories, retail and 33 residential units) and Rutledge Flats (8 stories, 174 units, 1,030 sq. ft. retail) at their meeting today.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21134121/metro-oks-rutledge-hill-project-plans

[MLBrumby]

That's a great scale of building for that immediate area. I realize I've ragged John Eakin for his half-hearted suburban office building at the trolley barns, but that's a key commercial node at a gateway to downtown. I think the new structures south of the Swerdling tower and KVB, especially for residential use, would be great to see in the 6-10 story range and side-by-side for the 8 blocks between Hermitage and Third Avenue South. On that hill, it would feel a little like San Francisco.. I said "a little". 

[nashwatcher]

I'm curious about the micro apartment building going up at 3rd Ave S. 

174 units seems like a lot on what looks to be little more than a 1/4 acre of land. We could get a lot of density if we get more infill like this.

[PaulChinetti]

Did I miss how much they will be going for a month or has it not been announced?

[Bos2Nash]

2 hours ago, nashwatcher said:

I'm curious about the micro apartment building going up at 3rd Ave S. 

174 units seems like a lot on what looks to be little more than a 1/4 acre of land. We could get a lot of density if we get more infill like this.

It’s very easy to get density when your looking at apartments that are approximately the size a bedroom/bathroom combo in the typical apartment buildings built. Very condensed living. 

2 hours ago, PaulChinetti said:

Did I miss how much they will be going for a month or has it not been announced?

The Place is going for ~$3.00 a square foot I think, wouldn’t surprise me if these are similar price point with higher end finishes. It’s also possible to be more expensive per square foot because they are spending more on finishes. 

[markhollin]

Muse (5 stories,  51 STR units, some ground level retail) update.  Grading underway.

Looking SW from intersection of Hermitage Ave. and Lindsley Ave:
 

[markhollin]

The 2 story, 54,700 sq. ft. circa 1930 warehouse and .58 acre lot at 706 19th Ave. North (just north of Marathon Village) has seen its asking price drop down to $5.9 million from $6 million.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/commercial-real-estate/article/21134455/forsale-north-side-warehouse-sees-asking-price-lowered

 

[markhollin]

Some artsy shots of Gulch Crossing from ESa website:
 

[Sean blackdog]

I noticed from SkyScrap City or SkyScraper Page. 
Other twins tower at 10th Ave. & Lea Ave. behind Westin Hotel. 

Edited May 25, 2020 by Sean blackdog

[Bos2Nash]

On 5/24/2020 at 8:13 AM, markhollin said:

The mirrored art piece (fire pit looking object) is a really cool piece. 

[rolly]

It's funny that they're still using that oldish google maps view of the city, with the demolished LifeWay tower still there and no sign of the 5th and Broadway project or other towers around the convention center. 

[BnaBreaker]

On 5/24/2020 at 7:40 PM, Sean blackdog said:

I noticed from SkyScrap City or SkyScraper Page. 
Other twins tower at 10th Ave. & Lea Ave. behind Westin Hotel. 

Our own @PHofKS created that graphic I believe!

[MidTenn1]

11 hours ago, BnaBreaker said:

Our own @PHofKS created that graphic I believe!

Yes and I know it's not perfect. I don't have the budget for perfection. My budget is a couple of hours of my valueless, eternal quarantining, retirement life. So my work is cheap, but nevertheless amazing?

[markhollin]

Downtown Nashville's grand Union Station Hotel (opened in 1900) is slated to be sold for $56 million.

Pebblebrook Hotel Trust, a Bethesda, Maryland-based publicly traded real estate investment trust that owns the historic building, said Wednesday it has a contract in place and is targeting a third-quarter closing on the transaction. The prospective buyer is not identified in a release.

Pebblebrook Hotel Trust paid $52.3 million for the historic 125-room hotel building in December 2014. 

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/commercial-real-estate/article/21135173/union-station-hotel-to-sell-for-56m

And behind the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2020/05/27/historic-union-station-hotel-under-contract.html?iana=hpmvp_nsh_news_headline

 

[markhollin]

The Cove will now be the name of the 26.4 acre residential development featuring 6 buildings and 427 units at 869 West Trinity Lane.  A previous owner of the site had been looking at 62 single family homes on the site. They will go before Metro Council in June and have enlisted Nashville-based Dale & Associates for engineering and land-planning duties.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21135269/west-trinity-lane-apartment-project-progresses

 

This screen shot from Smeagolsfree's excellent development map shows the site (slightly altered now) in teal at the center of the frame:

[Bos2Nash]

^^I've been monitoring this development as my firm has clients that are along this new proposed collector road as well as a property that abutts this development. Hopefully it can get off the ground and provide a bit of a spark for the area.

[markhollin]

The .29 acre site at 617 7th Ave. South is up for sale at $2.9 million.  It features 3 structures with 10,700 sq. ft. of cumulative space (two of them  built in 1899).  This is just to the SE of the Circle South development, and just to the north of Third Man Records. The land is zoned for 11 stories, and a conceptual rendering was offered to show what massing might look like. 

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/commercial-real-estate/article/21135377/sobro-property-near-third-man-offered-for-29m

This is a conceptual massing render by the sellers:

This screen shot from Smeagolsfree's excellent development map shows the site highlighted in teal at the center of the frame:

[Auntie Yock]

11 hours ago, markhollin said:

The .29 acre site at 617 7th Ave. South is up for sale at $2.9 million.  It features 3 structures with 10,700 sq. ft. of cumulative space (two of them  built in 1899).  This is just to the SE of the Circle South development, and just to the north of Third Man Records. The land is zoned for 11 stories, and a conceptual rendering was offered to show what massing might look like. 

 

Heaven forbid they build on an empty lot rather than try to take out the handful of remaining actual historic buildings left in the CBD.

[MLBrumby]

Those are some cool houses.  Can't tell but I'd guess over 100 years old but still there only because downtown finally reached them. 

[JoeyX]

8 hours ago, Auntie Yock said:

Heaven forbid they build on an empty lot rather than try to take out the handful of remaining actual historic buildings left in the CBD.

 

That's capitalism. The owner who owns the property doesn't want it anymore and has placed up for sale to get some compensation for what he owns. Whoever purchases it has a choice, either keep it as is or build something new and improved.

[donNdonelson2]

1 hour ago, MLBrumby said:

Those are some cool houses.  Can't tell but I'd guess over 100 years old but still there only because downtown finally reached them. 

I recall those two buildings housing some businesses of questionable moral and legal reputation in the last several decades. That aside, it’s sad they’ll likely’ll likely face the wrecking ball. Lacking any sort of historic designation and protection, demolition is the fairly certain future for these structures.

Edited May 29, 2020 by donNdonelson2

[markhollin]

A 26 unit townhome development is being planned for 1020-1030 Jefferson St. No further specs  or developer are listed on Metro records.  Dewey Engineering is working on the plans.

More behind NBJ paywall here:

https://www.bizjournals.com/nashville/news/2020/05/29/commercial-real-estate-deal-roundup-development.html?iana=hpmvp_nsh_news_headline