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


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Sonic Automotive, a luxury/import dealership headquartered in Charlotte, has purchased the former NovTech building and lot (1 acre) at 15 Lindsley Ave. for $6.6 million. It is not clear which brand(s) of cars will be featured at this new site.

More behind the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2020/07/06/auto-dealer-sonic-automotive-novatech-sobro.html?iana=hpmvp_nsh_news_headline

And behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/commercial-real-estate/article/21139324/highend-auto-dealer-buys-in-rutledge-hill

Screen Shot 2020-07-06 at 2.12.39 PM.png

Screen Shot 2020-07-06 at 2.13.39 PM.png

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54 minutes ago, nashwatcher said:

Why would a car dealership want a 1 acre lot downtown. Seems kind of small and pricey for that use?

I would think a luxury car show room. Show off your best inventory, lots of more traffic going through downtown than say Belle Meade. But who knows.

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Block 5 (formerly Germantown Union,  5 stories, 280 units, retail, restaurants space) update.  Some additional fencing up and equipment on site to raze much of the former Goodwill Industries warehousing.

Looking NE from intersection of 2nd Ave. North and Monroe St:

Block 5, July 12, 2020, 1.jpg


Looking SW from Taylor St., 1/4 block east of 2nd Ave. South:

Block 5, July 12, 2020, 2.jpg

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