Canopy/Homewood Suites, 11 stories, 334 rooms, 5,000 sq. ft. meeting space, rooftop bar, 2,500 sq. ft. retail, 910 Division St (Yazoo Brewing site in Gulch)

markhollin · July 18, 2018

Tara Investments, headed up by one of the Patel families out of Charlotte, NC, is under contract to buy the .8 acre site of Yazoo Brewing Company in The Gulch at 910 Division St. This will be their first project in Nashville, and they are eying the Canopy by Hilton brand for this property.

No amount of rooms, height, renderings, or timeline available at this juncture. That site is zoned for downtown in the code, which allows developers the greatest flexibility and latitude when designing their projects.

More will be posted as it is made available.

More behind the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2018/07/18/exclusive-hilton-brand-hotel-on-tap-for-yazoos.html

Looking north at part of the Yazoo complex at Division and Overton St:

The site is the gray, somewhat-rectangular section labeled "Yazoo Brewing Company" in the center of this screenshot from Smeagolsfree's excellent Development Map:

Tenn2Tex · July 18, 2018

According to wiki, there are only 3 other Canopy branded hotels in the world. One in Iceland and two in the DC area.... I think it show a lot of confidence in Nashville for Hilton to have Nashville as the third city to call this brand its home.

The Bethesda Canopy

Edited July 18, 2018 by Tenn2Tex

e-dub · July 18, 2018

Plenty more in the works, though:

http://canopy3.hilton.com/en/locations/index.html

bmkTN · July 19, 2018

So this is just on the Yazoo site, correct? It doesn't include the former Habitat store that's For Sale next door?

Bos2Nash · July 19, 2018

I'll be excited to hear the development of this site. This area of Division street has so much potential to build off the Gulch.

satalac · July 19, 2018

Canopy is something high that provides shade to everything below right? So this has to be tall? I mean, it's in it's name, don't lie to us Hilton!!!

memphian · July 19, 2018

It will be whatever the developer wants it to be, as long as it meets design requirements from Hilton. Hotel companies typically don't have a height requirement. Its good though, Canopy will be a nice addition to the Nashville Hotel Scene.

markhollin · August 3, 2018

The hotel will be 10 stories and have 175 rooms, according to Amit Patel, the primary partner of Charlotte-based Tara Investments that is behind the project. It will include 5,000 sq. ft. of meeting space and a rooftop bar. He is trying to convince Yazoo Brewery to maintain a presence on the site with a taproom. No renderings yet.

Groundbreaking will be early 2020, with construction costing more that $30 million. Patel he has all commitments lined-up for equity to obtain the loans to get underway.

More behind the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2018/08/03/exclusivegulch-hotel-developer-doesnt-want-yazoo.html

e-dub · August 3, 2018

Oh, I kinda like the taproom idea!

MLBrumby · August 3, 2018

Pictures of the Canopy this developer is building in Charlotte (South Park). Sorry but I don't see anything upscale about it. Nor do I think the bed canopies are a compelling feature of their brand. I'm sure I'm not in the demo targeted by this brand.

http://tarainvestments.com/index.php/canopy-by-hilton

CenterHill · August 3, 2018

5 hours ago, markhollin said:

Groundbreaking will be early 2020, with construction costing more that $30 million. Patel he has all commitments lined-up for equity to obtain the loans to get underway.

Early 2020? Is that because Yazoo needs to remain in their building that long until their new digs in Madison are ready?

Pdt2f · August 4, 2018

11 hours ago, e-dub said:

Oh, I kinda like the taproom idea!

Me too, it allows them to keep a presence in the neighborhood and keep their slice of the tourism dough.

japan · August 4, 2018

On 8/3/2018 at 1:40 PM, CenterHill said:

Early 2020? Is that because Yazoo needs to remain in their building that long until their new digs in Madison are ready?

I believe so. Remember that Yazoo is building a small campus from scratch in Madison.

I always assumed that Yazoo would swing a tap room in whatever building went there. They can’t really afford to not exist close to downtown.

Edited August 4, 2018 by japan

**Nathan_in_DC** · August 5, 2018

9 hours ago, japan said:

I believe so. Remember that Yazoo is building a small campus from scratch in Madison.

I always assumed that Yazoo would swing a tap room in whatever building went there. They can’t really afford to not exist close to downtown.

Indeed, such a big part of their business is the sales and publicity brought by their high profile brewery location. I get that it's an underutilized parcel, but I'll miss them being there. Going to a non production taproom, which is little more than just a tied bar, really doesn't give the same experience as going to the brewery. Nashville is going to be losing a big part of the up and coming downtown brewery scene when Yazoo moves out.

markhollin · August 16, 2018

Tara Investments finalized the purchase of the Yazoo site for $9.2 million. The brewery is eyeing a summer of '19 move to their new location in Madison.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/article/21018250/charlotte-hotel-developer-buys-yazoo-site

And behind the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2018/08/16/sales-price-for-brewers-gulch-home-definitely-not.html

japan · April 3, 2019

I've heard that Yazoo starts moving out at the end of this month. Wonder if we hear some news on this in early May.

markhollin · June 11, 2019

Yazoo Brewery starting to move gear from the Gulch locale up to the new Madison site:

nashvylle · June 11, 2019

^^ that is an item (if I were the developer and had the funds) I would like to purchase and incorporate into the development.

japan · June 16, 2019

Even though the tap room was still open yesterday, there is now a trailer onsite and fencing all around it and the old consignment place next door.

e-dub · June 16, 2019

And still no rendering!

BnaBreaker · June 16, 2019

1 hour ago, e-dub said:

And still no rendering!

Maybe it's that trailer!

markhollin · September 13, 2019

Tara Investments has announced that they will more than double the size of the building by adding a Homewood Suites (175 rooms) to the 150 rooms in the Canopy brand. The total of 325 rooms will most certainly add more floors, but no word on how many, nor renderings at this point. Further details coming soon.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21086819/homewood-suites-set-for-future-gulch-hotel-building

markhollin · November 18, 2019

Updates info on the Canopy/Homewood Suites dual brand hotel. The two structures will stand side by side at 11 stories apiece. The Homewood Suites portion will have 159 suites, and the Canopy will have 175 rooms, for a total of 334 units. There will also be a 2,500 sq. ft. retail/restaurant space on the ground floor. Planned opening will be early 2022.

Tara Investments (the developer) will go before the Metro Planning Department Downtown Code Design Review Committee on Thursday, Dec. 5, to seek approval on design, which includes an additional floor from original concept.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/article/21097986/images-released-for-future-gulch-hotels

And at NBJ here:

https://www.bizjournals.com/nashville/news/2019/11/18/first-look-bigger-hotel-development-brewing-in-the.html?iana=hpmvp_nsh_news_headline