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Federal Reserve Hotel (16 stories, 143' hotel addition atop 226 3rd Ave. North)
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markhollin, in Nashville
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By markhollin
ONE22ONE will be the name of the 23 to 27 story, 365-500,000 sq. ft. office tower to be built on the .58 acre Firestone Store site at 1221 Broadway by GBT Realty. It will include 7,000 sq. ft. of street level retail. They are also under contract for the .2 acre site just to the west owned by Rusty Dunn, that will make the full site .78 acre. Tentative opening is 2022.
The parcel is zoned to allow a building of 20 floors. It falls within the Metro Planning Department’s Downtown Code and, as such, GBT eventually will go before the Downtown Code Review Committee to seek bonus height, which could yield a structure of, as noted, up to 27 floors. The company is expected to offer street-level activation and design elements beyond what is required to gain the bonus height.
Construction financing not secured yet.
More at the Nashville Post here:
https://www.nashvillepost.com/business/development/article/21049496/highrise-eyed-for-broadway-site
And behind the NBJ paywall here:
https://www.bizjournals.com/nashville/news/2019/03/04/first-look-office-tower-could-alter-gateway-into.html?iana=hpmvp_nsh_news_headline
And at The Tennessean here:
https://www.tennessean.com/story/money/2019/03/04/nashville-broadway-office-tower-gulch-gbt-realty/3055887002/
Here is the rendering from The Nashville Post site:
Here are two other renderings I found online:
This screen shot form Smeagolsfree's excellent development map shows the site highlighted in teal at the center of the frame:
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By markhollin
Cypress Real Estate Advisors is under contract to buy 2.2 acres from New Orleans-based investor group led by Brian Gibbs to build 1 or 2 towers that would include 350,000 sq. ft. of office space and 400 residential units. Tentative name is 10th & Lea. No word on the cost of the transaction, the size of the buildings, financing, etc.
The site is nearly rectangular in shape, bordered by Ninth and 10th Avenue South, Clark Place and Lea Avenue. It's diagonally behind the JW Marriott and consists of the parking lots at 810 Lea Ave. and 310 10th Ave. S., as well as a two-story brick building at 300 10th Ave. S.
Primarily all of the lot is surface parking at this time, but it does include the historic 2 story, 33,500 sq. ft., brick structure built in 1926. One would hope they will incorporate this building into their plans.
More behind the NBJ paywall here:
https://www.bizjournals.com/nashville/news/2020/02/03/austin-developer-targets-site-between-high-rises.html?ana=twt
And behind the Nashville Post paywall here:
https://www.nashvillepost.com/business/development/article/21113761/sobro-site-eyed-for-major-mixeduse-project
This screen shot from Smeagolsfree's excellent development map shows the part of the site that Brian Gibbs' group had controlled highlighted in teal at the center of the frame. This development will include the white roofed-building and surface lot just to the left on the SE corner of Clark St. and 10th Ave. South:
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