10th & Lea, 1 or 2 towers, 350,000 sq. ft. office, 400 residential units

[smeagolsfree]

WW is not going to do the story at this time, however the rendering below was done by KEY in order to generate interest in the property. So, we know where this rendering came from, I found about 5 months ago.

There will be a story coming at some point. Project is in design according to a source.

[MLBrumby]

Sorry for being so late to the conversation… this rendering jogs a memory (obviously from when someone posted a few months back), but I’m quite sure I dismissed it as an unlikely proposal. I’ll go back through this thread to bring myself up to date…. But is this height likely … even if just better than 50/50? And did I see recently that this has gone all the way through planning approval? I guess that’s why I didn’t give this much hope of getting built.. because I hadn’t heard anything else? Is that rendering for 48 floors?

Edited February 24, 2022 by MLBrumby

[Rick Dalton]

It’s magnificent 

[nashville born]

[titanhog]

13 hours ago, smeagolsfree said:

WW is not going to do the story at this time, however the rendering below was done by KEY in order to generate interest in the property. So, we know where this rendering came from, I found about 5 months ago.

There will be a story coming at some point. Project is in design according to a source.

So you’re saying this will NOT be what the building will look like (unless the developer just somehow decides to build what the property owner designed)?

[smeagolsfree]

I do not think this is the project that will go there but I think it will be two buildings.

[Luvemtall]

11 minutes ago, smeagolsfree said:

I do not think this is the project that will go there but I think it will be two buildings.

That’s a shame, we get teased with a rendering like that. Then in reality they build a 10 story stucco clad , multi color post war barracks… oh wait , we already have .. never mind 

although a beautiful building as in that rendering would look really good on the parking lot in front of the Hyatt Centric. 

[markhollin]

The 2.16 acre site has just sold to Lincoln Properties for a cool $45 million. 

More at NBJ here:

https://www.bizjournals.com/nashville/news/2022/03/24/lincoln-property-sobro.html

[downtownresident]

3 minutes ago, markhollin said:

The 2.16 acre site has just sold to Lincoln Properties for a cool $45 million. 

 

Got to be something big to justify that price tag. 

[Luvemtall]

13 minutes ago, downtownresident said:

Got to be something big to justify that price tag. 

Hey, maybe we’ll get that beauty Smeags posted on February 24th. I could see Lincoln doing something along those lines.

[nashville born]

43 minutes ago, Luvemtall said:

Hey, maybe we’ll get that beauty Smeags posted on February 24th. I could see Lincoln doing something along those lines.

Fingers crossed.  And considering it's boxy at the top with a flat roof, all signs are go!

[smeagolsfree]

17 hours ago, downtownresident said:

Got to be something big to justify that price tag. 

Talking about price and ROI, there is some news WW & I can share regarding the Carrel lot behind Hume Fogg at the next meet. Needless to say, when you pay top dollar for land you have to put a lot on it to get your money's worth. Thats all I will say right now. The price of land the closer you get to the core is just going to higher.....................a lot higher! 

[nashville born]

24 minutes ago, smeagolsfree said:

Talking about price and ROI, there is some news WW & I can share regarding the Carrel lot behind Hume Fogg at the next meet. Needless to say, when you pay top dollar for land you have to put a lot on it to get your money's worth. Thats all I will say right now. The price of land the closer you get to the core is just going to higher.....................a lot higher! 

Giddy with anticipation!

[markhollin]

The $45 million sale works out to $20.8 million per acre and $478 per sq. ft., which are two of the higher marks for such a transaction in downtown Nashville.

According to a source, design is underway for a future development on the site, likely with a residential focus. 

The 2 story, 33,200 sq. ft. Brandau-Craig-Dickerson Building (circa 1926) at 300 10th Ave. South will most likely be razed to make way for this project, which is sad.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/sobro-property-sells-for-45m/article_9787406e-ac5b-11ec-b6b6-0fc7fb9803c3.html

[smeagolsfree]

We know sort of what is going to happen but can't share. Maybe we can let you guys know at the upcoming meet. We know the usage but not the size.

[thenorthchannel]

Core drilling on site today

[nashville born]

I'm thinking residential and if that's the case, I hope they're motivated to go big and to get going soon enough to compete for tenants with 800 and Ritz.

[smeagolsfree]

I think you are very very warm!

[yontu2]

Is there even an attempt to save/ incorporate the historic building on one corner of the site?

[smeagolsfree]

14 hours ago, yontu2 said:

Is there even an attempt to save/ incorporate the historic building on one corner of the site?

My guess is probably not, but I may be wrong. Not with the price they paid.

[Nashville Cliff]

22 minutes ago, smeagolsfree said:

My guess is probably not, but I may be wrong. Not with the price they paid.

Don't you know, Nashville only traces it's history back to that 2014 New York Times article naming us the It City? 

[UTgrad09]

13 minutes ago, Nashville Cliff said:

Don't you know, Nashville only traces it's history back to that 2014 New York Times article naming us the It City? 

[Brichar4]

I feel something like this that they are doing in Toronto could be really cool, not necessarily the tower design but the base floors how they kept and incorporated the original structures at street level. 

Edited March 31, 2022 by Brichar4

[Baronakim]

5 hours ago, Brichar4 said:

I feel something like this that they are doing in Toronto could be really cool, not necessarily the tower design but the base floors how they kept and incorporated the original structures at street level. 

 

Perhaps I could see your point if the current structure had  as much charm as the one in the rendering or existed in some historical context with the neighborhood.  But it is arelatively nondescript building that has always had difficulty keeping tenants.   One of the problems with it has always been wheelchair accessibility which the one in your rendering has no difficulty.  No, I think it is time fore this one to be razed.  While the Cannery nearby is not being  lost,  this  whole  area is definitely going to be a  massive block of towers both with the "Distric" towers and the big vacant surface parking lots adjacent.  Reserve saving isolated buildings like this for places wher there is a fabric of historical context remaining.

[Brichar4]

6 minutes ago, Baronakim said:

Perhaps I could see your point if the current structure had  as much charm as the one in the rendering or existed in some historical context with the neighborhood.  But it is arelatively nondescript building that has always had difficulty keeping tenants.   One of the problems with it has always been wheelchair accessibility which the one in your rendering has no difficulty.  No, I think it is time fore this one to be razed.  While the Cannery nearby is not being  lost,  this  whole  area is definitely going to be a  massive block of towers both with the "Distric" towers and the big vacant surface parking lots adjacent.  Reserve saving isolated buildings like this for places wher there is a fabric of historical context remaining.

I was referring mostly toward the comments of Nashville in general and thought would be cool maybe not this specific project (due several things you mentioned) but others around the city with more historical significance to your point. Could be a awesome way to encourage growth on some historical properties or interesting older architecture. Of course not referring to the ones with major historical significance haha