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Flank Inc. is going to develop a high-end mixed-use tower in the north Gulch on the 1.1 acre site of the Gibson Guitar Building at 1117 Church St. (which borders the Church Street Viaduct at 12th Ave. North. No price for the sale from Somera Road is currently known, but the sale is to be finished by year's end. No word on floors/height yet.
They purchased an additional the .34 acre site at 130 12th Ave. North (just south of the Gibson Building site) from Somera Road for $6.9 million a few days ago.
Permits seem to be in place for the demo of the Gibson Building. Last year, Somera Road had planned on redeveloping the 1946-era Gibson structure into retail/office space.
More behind the Nashville Post paywall here:
And behind the NBJ paywall here:
This screen snot from Smeagolsfree's excellent development map shows the site highlighted in teal at the center of the frame:
Swerdling in SoBro - 2 Hotels at 1st & KVB - 36 stories/450 ft./491 rooms, 14 stories/200'/ 200 roomsBy Paramount747
I guess we can start a thread for this.