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

[markhollin]

The Hyve (formerly The Nelle, 5 - 8 stories, 78 condos, internal garage) update: accent lighting in place.

Looking north from 7th Ave. South at CSX tracks:

Looking east from Gleaves St. and 9th Ave. South:

[Brit_in_Gtown]

On 2/3/2023 at 8:36 AM, chc3 said:

Looks like that liquor store and mart will be razed. I’d love to get his liquor license and open up a place like Woodland Wine Merchant in Germantown.

I'm still salty about Woodland wine. I approached metro and the state about opening that same concept in the same building 3 years prior when I lived in east Nashville. Was shot down. We need a wine and liquor place that is nice and you don't feel like you may be part of a robbery situation. 

[chc3]

20 minutes ago, Brit_in_Gtown said:

I'm still salty about Woodland wine. I approached metro and the state about opening that same concept in the same building 3 years prior when I lived in east Nashville. Was shot down. We need a wine and liquor place that is nice and you don't feel like you may be part of a robbery situation. 

Dan, the co-founder of 312 Pizza, and I pursued this concept a few years ago and I even spoke with Will at Woodland about a consulting arrangement. At the time, there was a plan to put retail between Barista Parlor and City House and we spoke with the putative developer.

[markhollin]

The two story nondescript, non-historical structure is coming down to make way for the 900 project (5 -7 stories, 22 STR units, ground level retail, internal garage).

Looking west from 9th Ave. South , just south of Old Division St:

Looking north from Division St., 1/2 block west of 9th Ave. South:

[markhollin]

107 4th Ave. North (6 stories, entertainment bar) update: Digging the hole.

Looking west from 4th Ave. North,  1/3 block north of Broadway:

 

[markhollin]

Fifth Third Plaza is nearly complete on NE corner of Rep. John Lewis Way (5th Ave. North) and Church St:

[markhollin]

Gov. Lee's proposed State budget for 2023-'24 includes $200 million relocation money for Tennessee performing Arts Center (TPAC). 

TPAC, founded in 1980, is currently housed in downtown Nashville in the James K. Polk Cultural Center at 505 Deaderick St. The organization’s future has been a topic of discussion since last February, when it was revealed that the Polk building was set to be decommissioned.

At the time, Christi Branscom, the commissioner of the state’s Department of General Services, told The Tennessee Journal the building is “beyond a reasonable state of repair,” with $120 million in deferred maintenance costs. 

The state and TPAC have worked together to determine the best option for the future of TPAC.

“TPAC is excited to be included in the Governor’s budget, and we look forward to working with the Administration and General Assembly through the budget process,” a TPAC spokesperson said in an emailed statement to the Business Journal. “This funding is a critical step to allow TPAC to build a new home and become an independent entity, which will be cost-effective for the State in the long run.”

The move would take maintenance and repair cost responsibilities off the state, according to the spokesperson. 

It has not been announced where TPAC will construct its new home.

The state plans to offer a long-term ground lease allowing an investor to redevelop the current Polk building property while it remains in the state’s possession.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2023/02/07/gov-lee-200m-tennessee-performing-arts-center-home.html

[chc3]

Progress on Artists Lofts. Looking southeast and south from Monroe Street 

Modera Germantown looking NE from Adams Street. windows installed throughout Phase 1 and garage rising for Phase 2 to the south.

[markhollin]

Chief's at 200 Broadway update.

Looking NW from intersection of Broadway and 2nd Ave. North:

[markhollin]

Work continues on Sinatra Bar & Lounge inside the historic Southern Turf Building:
 

[BnaBreaker]

^Perhaps my favorite building in the city.

[markhollin]

Sonic Audi (repurposing a 2 story commercial warehouse to a car dealership) update.

Looking SE from intersection of Lindsley Ave. and 1st AVe. South:


 

[markhollin]

Black Swan (formerly known as SoBro Guest House), an STR property at  at 310 Peabody St.,  is wanting to add 3 stories to the existing  3 story structure.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2023/02/10/deal-dash-nashville-yards-southwest-value-partners.html
 

[MLBrumby]

Yikes!   I would't trust that... I hope planning has an engineer check it out. If that's the one I'm thinking of, it seems like good money after bad. Don't spend much on it at this time or sell it?!

[markhollin]

C3 Bank renovation of structure at 611 9th Ave. South continues.

Looking NW from intersection of 9th Ave. South and Old Division St:

[smeagolsfree]

Here is the info for Black Swan. This is actually a very old proposal brought back from the dead. I think this is about two years old and is a repeat of wat they wanted to do before and never did.

Application Submittal	2/8/2023
MPC Agenda Date	3/23/2023
Administrative Approval
Case #	2023DTC-011-001
Ordinance #	Not applicable for this application type
Previous Ordinance #'s
Associated Case #
Associated Bond #
Reviewer	Hazel Ventura
Application Name	SOBRO GUEST - 310 PEABODY STREET
Application Type	Downtown Code (Final Site Plan)
Application Scope	A request for final site plan approval to renovate existing structure with three story addition on property located at 310 Peabody Street, west of the corner of Almond Street and Peabody Street, zoned DTC (0.36 acres), requested by Barge Cauthen Associates, applicant; Peabody & Dakota Strategic Realty, LLC, owner.
Scanned Application	View Scanned Application
Scanned Plans	View Scanned Plan
Property Address / Location	310 PEABODY ST 37210

[markhollin]

The Hyve (5-8 stories, 78 condos, internal garage) update.

Looking SE from Vela Pietown site (601 Lafayette) with Somera Road Prima Tower in background:

[markhollin]

900 Division (7 stories, 22 STR units, ground level retail, internal garage) update: former structure scraped away.

Looking NW from intersection of Division St. and 9th Ave. South:

[markhollin]

The .5 acre surface lot site made up of 5 parcels at 1011-1015 2nd Ave. North  has been sold by an affiliate of Premier Parking for $5.8 million to Holladay Properties, a hotel developer.  With the purchase Holladay now owns the bulk of that block except of about .08 acre (that they plan to purchase by month's end), and another .4 acre along 3rd Ave. that H.G. Hill Realty owns and does not seem willing to sell. Nevertheless, this SE corner of Jefferson St. and 2nd Ave. North that Holladay now owns is a great spot to build a hotel (I wished for this  this 5 years ago). 

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/ballpark-area-site-sells-for-5-8m/article_9c15dcee-a994-11ed-a3a2-17773c2d210f.html

[samsonh]

57 minutes ago, markhollin said:

The .5 acre surface lot site made up of 5 parcels at 1011-1015 2nd Ave. North  has been sold by an affiliate of Premier Parking for $5.8 million to Holladay Properties, a hotel developer.  With the purchase Holladay now owns the bulk of that block except of about .08 acre (that they plan to purchase by month's end), and another .4 acre along 3rd Ave. that H.G. Hill Realty owns and does not seem willing to sell. Nevertheless, this SE corner of Jefferson St. and 2nd Ave. North that Holladay now owns is a great spot to build a hotel (I wished for this  this 5 years ago). 

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/ballpark-area-site-sells-for-5-8m/article_9c15dcee-a994-11ed-a3a2-17773c2d210f.html

Looking at their website their residential seems a better fit than their previous hotel work. 

[markhollin]

The .4 acre, triangular lot at 93-95 Hermitage Ave. is up for sale at an undisclosed asking price. Donald and Mark Serkin bought the vacant. lot for $12,000 in 2000.  

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/rutledge-hill-property-hits-market/article_eea4d80a-abd0-11ed-98b2-23ae5a868687.html
 

[chc3]

Progress on Metro Water Services building on 3rd Avenue North.

[markhollin]

Bummer:  The Heaven's Door, Bob Dylan-centric bar, distillery, and art gallery project that was to include the historic former church at 410 Elm St. has been scrapped. This also includes the entertainment venue, called Recess, that was being planned at 425 4th Ave. South. Heaven's Door Spirits had paid a total of $11.4 million for the two adjoining sites in the past 5 years. They are now available for purchase at an undisclosed asking price.  Both sites should fetch a nice profit.  Hopefully whoever purchases will have plans that integrate the historic church structure (circa early 1900s).

More behind The Nashville Post paywall here:

https://www.nashvillepost.com/business/development/bob-dylan-themed-project-seemingly-scrapped/article_ecf1c49c-abde-11ed-8375-f3365afbf7a8.html

[smeagolsfree]

There is a stipulation to the sale, but I am unsure what it is. It is probably nothing much, but I do hope the church is saved.

[PaulChinetti]

2 hours ago, markhollin said:

 

Well that is cool looking. Center stage with the containers being suites?!