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

[Thrill]

2 hours ago, natethegreat said:

Skyline shot from the W hotel. Nicest hotel in the city, in my opinion.

Is there anything planned for Cummins Station and the parking deck in front of it? Seems like a lot of potential there

Heard from someone who works for one of the tenants at Cummins station. The building isn't going anywhere. However, they have the structural ability to build up to 6 or 8 stories I believe. I for one think that's a good thing. Cummins Station has always been a massive landmark to me and a really cool building. They did renovations on it very recently too so I don't think it will ever be torn down. Renovations, however, may happen. 

The parking garage behind the building is going to be developed at some point. From what I heard, the owner of Cummins stations (I'd have to go on the accessor to find out what holding company that is) owns 3 or 4 parking lots and garages along the rail roads down there and all will eventually be developed. I heard this 3ish years ago so it's possible some of that development on 11th in the gulch were from their war-chest of properties. 

[markhollin]

38 minutes ago, Thrill said:

Heard from someone who works for one of the tenants at Cummins station. The building isn't going anywhere. However, they have the structural ability to build up to 6 or 8 stories I believe. I for one think that's a good thing. Cummins Station has always been a massive landmark to me and a really cool building. They did renovations on it very recently too so I don't think it will ever be torn down. Renovations, however, may happen. 

The parking garage behind the building is going to be developed at some point. From what I heard, the owner of Cummins stations (I'd have to go on the accessor to find out what holding company that is) owns 3 or 4 parking lots and garages along the rail roads down there and all will eventually be developed. I heard this 3ish years ago so it's possible some of that development on 11th in the gulch were from their war-chest of properties. 

There's an entire thread committed to the Cummins Station area developments, which will be called The Station District.
 

[Thrill]

25 minutes ago, markhollin said:

There's an entire thread committed to the Cummins Station area developments, which will be called The Station District.
 

 

Apologies. I was just responding to another comment. 

[markhollin]

15 hours ago, Thrill said:

Apologies. I was just responding to another comment. 

No apology needed.  : )

I wasn't sure if you knew that there was a thread for that subject with tons 'o' info.  : )

[markhollin]

Rutledge Flats (8 stories, 174 units) update: metal cladding being set on south side.

Looking SE from 3rd Ave. South, 1/2 block north of Elm St:

Looking east from 3rd Ave. South, 1/4 block north of Elm St:

Looking north from Elm St., just east of 3rd Ave. South:

[markhollin]

311 3rd Ave. South (.23 acre including a 1 story structure that was once home to Sole Mio Restaurant, and most recently to Gino's Pizzeria) s being offered for sale at $15 million, which works out to $1,497 per sq. ft./$65 million per acre.  A very high price considering the site is sandwiched between two large structures (Drury Plaza Hotel to the south and Hyatt Place Hotel to the north).

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/small-sobro-building-listed-for-sale-for-15m/article_82b3a5dc-b13e-11ec-82d8-1f2b7d6164fc.html

 

[Bos2Nash]

I could see the site redevelopment mentioned in the article occurring here and having shared parking agreements with both the Drury and the Hyatt Place in order to build without any additional parking (not that the zoning requires it, but rather market and financing pressures require it)

[PruneTracy]

1 hour ago, Bos2Nash said:

I could see the site redevelopment mentioned in the article occurring here and having shared parking agreements with both the Drury and the Hyatt Place in order to build without any additional parking (not that the zoning requires it, but rather market and financing pressures require it)

Problem is if you don't include a parking pedestal (and it would be difficult to make it cost-effective due to how narrow the parcel is) you're limited to glazing on the front/rear street frontages for the first six/seven stories (and all the way up on the 3rd Avenue side). These are high-rise land prices on a site with low-rise opportunity, barring some NYC-style shoehorning.

It would be a good location for one of Nashville's signature six-story bar/restaurants. How about a six-level Kenny Rogers Roasters?

[MLBrumby]

I don't remember but was the owner of that restaurant a hold out when the buildings around it were being proposed?  I actually like it, but seems inevitable it won't remain in that state. However, I'm very skeptical they'll get $15M for that. 

[Bos2Nash]

13 minutes ago, PruneTracy said:

Problem is if you don't include a parking pedestal (and it would be difficult to make it cost-effective due to how narrow the parcel is) you're limited to glazing on the front/rear street frontages for the first six/seven stories (and all the way up on the 3rd Avenue side). These are high-rise land prices on a site with low-rise opportunity, barring some NYC-style shoehorning.

Almost like we need some solid designers and developers willing to pay for the NYC-style shoe-horning. I think Nashville has it covered with the good designers, just need the developers to step up their game haha

[grilled_cheese]

On 3/29/2022 at 12:46 PM, donNdonelson2 said:

You realize people used to have similar attitudes about living in East Nashville.

What do you mean again?

[Luvemtall]

57 minutes ago, PruneTracy said:

It would be a good location for one of Nashville's signature six-story bar/restaurants. How about a six-level Kenny Rogers Roasters

Walgreens on first floor, Starbucks on second floor, Barnes & Noble on floors 3 -4 and a good affordable restaurant on floors 5-6 topping it off with a piano bar on 7th with rooftop patio. Connect with both hotels, all glass facade with glass elevators and call it a day! 

[Luvemtall]

What’s your thoughts @Baronakim?

[Bark At The Sun]

If they can build something like the Dream Hotel.........crammed between buildings up on 4th, it would probably work........maybe have a bar/restaurant at the street level and maybe rooftop.     While it wasnt the best Chicago style pizza i ever tried, i thought it was a cool place to grab a slice and have a couple of beers after work.   They have/had a nice outdoor bar and seating area.

[nashville born]

Seems like it would be a cool little eatery if an engaging name got in there.   If not, rezone the single lot for a tall skinny!  Ha!

[markhollin]

A slightly new-looking render released for Ballpark Village (6 & 8 stories, 356 units, 16,000 sq. ft. retail, internal garage). The 8th floor is new to the concept.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/04/01/deal-dash.html

[smeagolsfree]

22 hours ago, markhollin said:

311 3rd Ave. South (.23 acre including a 1 story structure that was once home to Sole Mio Restaurant, and most recently to Gino's Pizzeria) s being offered for sale at $15 million, which works out to $1,497 per sq. ft./$65 million per acre.  A very high price considering the site is sandwiched between two large structures (Drury Plaza Hotel to the south and Hyatt Place Hotel to the north).

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/small-sobro-building-listed-for-sale-for-15m/article_82b3a5dc-b13e-11ec-82d8-1f2b7d6164fc.html

 

This could be a great location for Nashville's first tall and skinny skyscraper.

[Rick Dalton]

When I see that picture all I see is that massive parking lot…

[markhollin]

Ballpark Village (6 & 8 stories, 356 units, 16,000 sq. ft. retail, internal garage) update: excavation has begun on northern side; erosion barriers along southern portion.

Looking SW from 3rd Ave. North, 1/4 block north of Stockyard St:

Looking north from intersection of 4th Ave. North and Harrison St:

[markhollin]

Stillwater Capital is planning a 361 unit residential complex on 4.2 acres at 186 North 1st St. according to a stormwater grading permit. No word on the height (probably 4 or 5 stories).  They purchased the site (which includes a 1 story warehouse) for $21.5 million from Park Center, who paid $7 million for it 4 years ago.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/east-bank-warehouse-property-sells-for-21-5m/article_68b8a4aa-b5e6-11ec-bafd-a77d33eff2be.html


And at NBJ here:

https://www.bizjournals.com/nashville/news/2022/04/05/east-bank-land-eyed-for-apartment-complex.html

The site is the warehouse on the lower left of this view:

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

[Rick Dalton]

Fine with me, I support all de-industrialization of the riverfront.

[markhollin]

Metro Nashville Water Treatment Plant (3 stories, $400 million) update: starting 3rd level of superstructure.

Looking SE from intersection of 3rd Ave. North and Garfield St:

Looking NE from intersection of 3rd Ave. North and Hume St:

[markhollin]

The Garth Brooks honky tonk at 411 Broadway (3 stories, 40,000 sq. ft.)  is confirmed in a new partnership with Strategic Hospitality (the former owners of the site).

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/04/05/garth-brooks-announces-lower-broadway-concept.html?cx_testId=40&cx_testVariant=cx_34&cx_artPos=0#cxrecs_s

[FrankNash]

^^^Most of the people that are on urban planet aren't country music fans but a good percentage of the USA love it.   For a mid-size city like Nashville the big investments being made are rare outside New York or Las Vegas.   The celebrity honky tonks are printing money and we get big tax money and jobs to boot!

[Rick Dalton]

Any additional news on the site across the the JW and the 1 Hotel? It’s a parking lot now. I’m not a developer, but that feels like a great lot to me.

Edited April 6, 2022 by natethegreat