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

[PostRural]

1 hour ago, downtownresident said:

All three of those lots, particularly the old shopping center in Downtown Franklin, are crying for redevelopment. 

I assume you're talking about Franklin Plaza on Columbia Ave just south of the Franklin Police Department. Hopefully it's just a matter of time and sooner than later. It's been cleaned up and empty looking like it's ready for demolition for months.  

[titanhog]

Anyone notice there is an exterior elevator attached to the Snodgrass Tennessee Tower (state office building)?  Do you guys what all they’re doing?

[smeagolsfree]

Only active permit:  

Provide a new floor drain in the Men’s and Women’s restroom on the 6th - 26th floors. Provide new cleanout for vertical waste stack on indicated floors behind existing lavatories TN TOWERS POC TIM MORAN 615-635-2284

[markhollin]

Nightscape Entertainment, the new entity that will fill the former 12th & Porter Club space at 114 12th AVe. North, has been given a $500,000 permit to build out the space. Mike Wienberg and Infinity Hospitality are the developers, and Eshelman Construction will handle to work.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/permit-patrol-2-august-2021/article_c64cec78-f171-11eb-aa4c-f724dc029378.html

[Nashville Cliff]

On 7/31/2021 at 5:12 AM, titanhog said:

Anyone notice there is an exterior elevator attached to the Snodgrass Tennessee Tower (state office building)?  Do you guys what all they’re doing?

There was a bid awarded back in April for life safety system upgrades.  This was for a project on the 2018 construction list. May have some connection.

Front End Checklist (tn.gov)

DesRecSel_Sept2018.pdf (tn.gov)

[smeagolsfree]

[nashvylle]

New development @smeagolsfree?

[downtownresident]

10 minutes ago, smeagolsfree said:

Oh what does the Magic 8 ball say? 

[nashvylle]

3 minutes ago, downtownresident said:

Oh what does the Magic 8 ball say? 

It says City Lights residents will complain no matter what!

[nashwatcher]

Hint please smeags! That's a big chunk of land

[Luvemtall]

If your all talking about what’s outlined in white, that's the Cumulus radio “ park land” . Could it even be possible that something is brewing with this. We were just talking about this last week when the new renderings for 2nd& Peabody were released. I suggested that Congress Group buy this and build the tall office that they originally planned. 

[nashville born]

23 hours ago, smeagolsfree said:

He's playing with my emotions!!! 

I came here to post an opinion and ran face first into that post.  Now my curiosity is on tilt!

What I wanted to say is, we need the Highwoods (Tennessean site) proposal and the new Pinnacle to come through.  In my opinion, they help shift the entire skyline westward with Tony G's twins coming through.  Highwoods also adds some much needed height to that north Broadway tract and further connects the CBD to Midtown.  Giddyup!!!!

[smeagolsfree]

Patience Grasshopper!

[Mr_Bond]

More activity in The Gulch?!  While walking the dog tonight, I noticed that 1112 Laurel Street (the parking lot pictured below) was blocked off and two core drillers were there.  Drilling took place today.  That's Laurel House on the left with Design Within Reach on the first floor and the W Hotel just behind it up Laurel.  The lot on the right with the green wall was not blocked off and no drilling is taking place there.

Any word from anyone as to what's going on here?

[Rick Dalton]

15 minutes ago, Mr_Bond said:

More activity in The Gulch?!  While walking the dog tonight, I noticed that 1112 Laurel Street (the parking lot pictured below) was blocked off and two core drillers were there.  Drilling took place today.  That's Laurel House on the left with Design Within Reach on the first floor and the W Hotel just behind it up Laurel.  The lot on the right with the green wall was not blocked off and no drilling is taking place there.

Any word from anyone as to what's going on here?

Looks like a good spot for a 1200 footer

[downtownresident]

21 minutes ago, Mr_Bond said:

More activity in The Gulch?!  While walking the dog tonight, I noticed that 1112 Laurel Street (the parking lot pictured below) was blocked off and two core drillers were there.  Drilling took place today.  That's Laurel House on the left with Design Within Reach on the first floor and the W Hotel just behind it up Laurel.  The lot on the right with the green wall was not blocked off and no drilling is taking place there.

Any word from anyone as to what's going on here?

Here are some preliminary plans that Market Street filed as part of their Water/Sewer availability request in late 2019 before the Water/Sewer Capacity fees skyrocketed in 2020.

Here is the full document: https://documents.nashville.gov/Request/Open/64ab8238-f0e8-44ef-a96d-c72e99b149c5_CA-Permits-20171101_12943996_1

No idea if MarketStreet is continuing with these plans, or if some other entity is. 

Edited August 6, 2021 by downtownresident

[markhollin]

Ray Hensler has sold the 6,780 sq. ft. restaurant space in his 23 story Twelve Twelve residential building for $5.85 million.  It has been home to Fin and Pearl, and most recently Pemrose.

The new owner is FP Investors LLC, owned and operated those two restaurants as tenants. The LLC includes local attorney Charles Robert Bone and Steve Moore, a former CMA president. Those two have worked with Howard Greenstone and Ken Levitan, the investors involved with Gulch restaurants Adele's and 404 Kitchen, and Jewish deli Shep’s in Five Points. The team could not be reached for comment regarding any future restaurant it might be planning (or about the possible reopening of Pemrose, which closed when the pandemic hit).

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/gulch-tower-restaurant-space-sells-for-5-8m/article_26f958ec-f571-11eb-b513-3b3b56404966.html
 

[smeagolsfree]

9 hours ago, Mr_Bond said:

More activity in The Gulch?!  While walking the dog tonight, I noticed that 1112 Laurel Street (the parking lot pictured below) was blocked off and two core drillers were there.  Drilling took place today.  That's Laurel House on the left with Design Within Reach on the first floor and the W Hotel just behind it up Laurel.  The lot on the right with the green wall was not blocked off and no drilling is taking place there.

Any word from anyone as to what's going on here?

You can bet that Market Street has not been forthcoming with the 915 Division lot, then they are not going to be forthcoming with this lot either. These companies are just too hypersensitive especially when their hand is caught in the cookie jar like this and we all know something is up.

[Mr_Bond]

2 hours ago, markhollin said:

Ray Hensler has sold the 6,780 sq. ft. restaurant space in his 23 story Twelve Twelve residential building for $5.85 million.  It has been home to Fin and Pearl, and most recently Pemrose.

The new owner is FP Investors LLC, owned and operated those two restaurants as tenants. The LLC includes local attorney Charles Robert Bone and Steve Moore, a former CMA president. Those two have worked with Howard Greenstone and Ken Levitan, the investors involved with Gulch restaurants Adele's and 404 Kitchen, and Jewish deli Shep’s in Five Points. The team could not be reached for comment regarding any future restaurant it might be planning (or about the possible reopening of Pemrose, which closed when the pandemic hit).

When Blue Stripes Cacao Shop opened a few months ago, I spoke with the Operations Manager who said that the same restaurant management company that runs Blue Stripes also runs Adele's, 404 Kitchen, and the restaurant in the Country Music Hall of Fame.  He may have mentioned one or two others but I can't recall them.

[Mr_Bond]

11 hours ago, downtownresident said:

Here are some preliminary plans that Market Street filed as part of their Water/Sewer availability request in late 2019 before the Water/Sewer Capacity fees skyrocketed in 2020.

It looks like there will be a shared base for these two buildings which suggests that they will do core drilling on the entire site soon.  There's a 10" sewer line running between the two lots that cannot be build upon.  If MarketStreet wants to start with the building on the Laurel street side, the blue one, that's commercial.

[smeagolsfree]

Elk Development expands footprint in SoBro.

L.A. developer pays $7.76M for SoBro site | Development | nashvillepost.com

The new owner of the 0.51-acre property, located at 516 John Lewis Way (Fifth Avenue South) is Los Angeles-based ELK Development.

ELK also owns a two-parcel property at 522 and 526 Rep. John Lewis Way, having paid $6,794,025 for it in February (read here). 

The company focuses on the development of urban sites with apartment buildings.

ELK Development  not much here.

 

 

 

[MLBrumby]

So Rockettown has bought out in Antioch.  Does that mean they'll be putting their property in Pie Town (?) up for sale?  So where is that M8Ball? 

https://www.nashvillepost.com/business/development/rocketown-pays-4-7m-for-antioch-building/article_3246d974-f605-11eb-a24c-6b4b74533496.html

[smeagolsfree]

Nope, they said they are keeping the downtown location. This is a new location in addition to the downtown location. Trust me I was hoping.

[nashwatcher]

So Rocketown could sell their land for 25-30 million dollars (based on what Cumulus's land just sold for) and build a much nicer campus right outside the loop like 5 blocks away...and they don't want to?

Seems like it would be the right move for them and those they serve

[smeagolsfree]

I would say the price would be around that as it is only a little over 2 acres but it is worth more as it is on the SoBro sub district and you can go higher there.

It would serve them better to move the skate park to the East ban k somewhere to get it out of the core.