The Reservoir, 11 to 4 stories, 3 dozen buildings, 1,200 residential units, office, retail, 8th Ave. South/Edgehill Ave./Hillside Ave.

[markhollin]

This is such a large undertaking that it deserves it's own thread. A 23 acre development by Elmington Capital Group that will wrap around the north and west sides of the historic City Reservoir. Currently, about 60% of the site is The Park at Hillside, which has 290 low income housing units. This plan will fold all of these current tenants into the new units, plus creating some additional affordable units, to go along with market driven prices on some of the other new units. 

There will also be a fair amount of office space and retail (primarily facing 8th Ave. South and Edgehill Ave.). These will be located in what appears to be three 11 story buildings (5 story bases, with 10' step backs, then another 7 stories on top). The bulk of the residential units will span the west side of the property on both sides of Hillside Ave. running between Edgehill Ave. on the north and Argyle Ave. on the south, and will range from 4 to 6 stories in dozens of structures. There will be substantial parking garages embedded behind units throughout the campus. 

Elmington Group states that this may have up to a 15 year total roll-out.

The tenants that will be along Edgehill Avenue will have spectacular views of downtown, as this is one of the highest elevations on the south side of the city. Another bonus will be the Reservoir Park which borders the property to the SE, Rose Park across Edgehill to the NW, as well as Ft. Negley Park which is just 2 blocks to the NE on the other side of I-65.  Lots of recreational space in walking distance.

This is going to be a major catalyst for additional development to really kick-in along the 8th Ave. South corridor between the inner-loop and Wedgewood Ave. 

https://www.nashvillepost.com/business/development/article/20988446/elmington-eyes-mixedused-project-in-edgehill

Link to the layout:

http://maps.nashville.gov/MPC/2018SP-026-001_plan.pdf

This is how the site currently looks:

This is the initial massing mock-up looking southward by PHofKS for the portion that will border Edgehill Ave. (running L-R), with 8th Ave. South on the left, and Hillside Ave. on the right

[Will]

This will be a truly transformative project. Seems like Elmington has done its homework on laying the PR and political groundwork re:affordable housing.

[smeagolsfree]

If you notice, we get a large project, we lose a large project. We can handle some of these projects depending on the make up of the project, i.e., housing units, affordable ,housing units, commercial, retail, and office.

Remember this is not approved yet and I predict the size  will be cut back because of neighbor concerns, Metro concerns, and market conditions. You can only fill so much residential and commercial space at any given time, especially at out current population growth. We are still not close to the Austin growth rate and other city growth rates during their booms. The population growth needs to be well above 2%, and we are not.

[AronG]

I think developers that can find a way to make the math work for more affordable average rents are going to own the next couple of years. We've added a lot to the top of the market over the last few years but there's still plenty of unmet demand in the middle and bottom. Gotta get creative with location, materials, etc. though.

[markhollin]

Metro Planning Commission has approved the 23 acre, mixed-use complex featuring 1,200 apartments. Elmington Capital Group will build the first phase, at the SW corner of 8th Ave. South and Edgehill Avenue, starting next year.  That will be the portion with the tallest buildings (maximum of 11 stories) featuring offices, apartments, a possible hotel, and some retail. 

The whole project, when completed in several phases, will feature 25% affordable housing. 

https://www.tennessean.com/story/money/2018/05/11/nashville-edgehill-apartment-complex-8th-avenue-reservoir/598969002/

[samsonh]

3 hours ago, markhollin said:

Metro Planning Commission has approved the 23 acre, mixed-use complex featuring 1,200 apartments. Elmington Capital Group will build the first phase, at the SW corner of 8th Ave. South and Edgehill Avenue, starting next year.  That will be the portion with the tallest buildings (maximum of 11 stories) featuring offices, apartments, a possible hotel, and some retail. 

The whole project, when completed in several phases, will feature 25% affordable housing. 

https://www.tennessean.com/story/money/2018/05/11/nashville-edgehill-apartment-complex-8th-avenue-reservoir/598969002/

Does this also include those small buildings directly at the corner of 8th and edgehill?

[markhollin]

^ ^ ^ Yes. 

 

[rolly]

Is this project still in the works?    

I'm clicking 'next unread topic' and digging into things I haven't seen before. So much fun stuff here. 

[markhollin]

Elmington Capital Group has obtained two loans totaling $32.11 million from First Horizon and Pinnacle Banks towards construction of The Reservoir development.  This is apparently for the first phase which will primarily be 290 new affordable housing units that will most likely be on the western side of the "r" shaped development.  No start date has been announced, nor renderings.  One slightly more informative diagram has been made available. 

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21103682/edgehill-project-developer-lands-321m-in-loans

And the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2019/11/27/developer-kickstarts-mixed-use-development-in.html?iana=hpmvp_nsh_news_headline

 

[PaulChinetti]

Such a huge project! Can’t wait for it to get started. 

[Edgehill resident]

I noticed last time I was in town demo had started on this project! Any updates on its progress?  I live out of state but have a home nearby so curious if it's progressing!

[markhollin]

Here are some pics of the demo going on.  Phase I (Four 4 story buildings, approx. 350 units) update:  Land cleared, markers out.

Looking west from intersection of Hillside Ave. and Summit Ave:

Looking north from intersection of Hillside Ave. and Summit Ave:

[Edgehill resident]

On 2/7/2020 at 1:01 PM, markhollin said:

Here are some pics of the demo going on.  Phase I (Four 4 story buildings, approx. 350 units) update:  Land cleared, markers out.

Looking west from intersection of Hillside Ave. and Summit Ave:

Looking north from intersection of Hillside Ave. and Summit Ave:

Awesome to see they're still moving along.  Thanks for sharing photos.

[smeagolsfree]

Large mobile crane on site with full scale work going on.

[markhollin]

Progress on the first section of The Reservoir project.  The Park at Hillside Phase I (Multiple 3, 4, and 5 story structures, 1,200 residential units) update.  Excavation continues.

 

Looking west from Hillside Ave., 1/2 block south of Edgehill Ave:

Looking  NW from intersection of Hillside Ave. and Summit Ave:

[markhollin]

Hillside Flats will be the name of the first phase.  2nd floor of the internal garage underway.

Looking NW from intersection of Hillside Ave. and Reservoir Ct:

Looking NE from intersection of Hillside Ave. and Reservoir Ct:

[yontu2]

Garage is up to third level.

[Edgehill resident]

On 5/10/2020 at 5:25 PM, yontu2 said:

Garage is up to third level.

It's coming along nicely!  Are there still NO renderings for this development?  Did I just miss them?

[Sean blackdog]

Only has one rendering. 
http://hillsideflats.com/

https://southeastventure.com/portfolio/hillside-flats/

[henburg]

That looks super promising to me, and the emphasis on affordability is exciting. 

[smeagolsfree]

Great Job finding this. The first images we have seen.

[markhollin]

Another rendering and a bit more info on Hillside Flats:

- 3 & 4 stories, 290 units.

- Fitness center, a business center, a mail-room and leasing offices

- 10,000 sq. ft. space for Salama, a non-profit extended child care center
 

[Edgehill resident]

22 hours ago, Sean blackdog said:

Only has one rendering. 
http://hillsideflats.com/

https://southeastventure.com/portfolio/hillside-flats/

Wow.  Great find.  I have been scouring for weeks as the progress has continued.  

18 hours ago, markhollin said:

Another rendering and a bit more info on Hillside Flats:

- 3 & 4 stories, 290 units.

- Fitness center, a business center, a mail-room and leasing offices

- 10,000 sq. ft. space for Salama, a non-profit extended child care center
 

I assume this first phase is going to replace the current subsidized housing units.  I know this was intended to include market rate units as well--is that phase 2?

[markhollin]

Two more permits totaling $750,000 have been granted to Elmington Construction for office, lobby, fitness facility, and educational space at Hillside Flats.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21133713/images-show-hillside-building-planned-for-edgehill

[markhollin]

Hillside Flats (3 & 4 stories, 290 units) update.  Garage topped out, foundation walls of residential portion starting to rise.

Looking west from Hillside Ave., 1/2 block south of Edgehill Ave:

Looking north from intersection of Hillside Ave. and Reservoir Ct: