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2nd & Peabody, 38 stories/618 ft. (hotel/office) and 33 stories/456 ft. (another hotel and residential)By markhollin
2nd & Peabody will be a two tower complex (one at 38 stories/618 ft. with a hotel and office space; the other at 33 stories/456 ft. featuring additional hotel and residential) on the 2.2 acre full block at 507 2nd Ave. South and 203 Peabody St. There will be street level retail in both structures, and at least 6 levels of underground parking beneath the whole block. At 618 feet, the first tower would become the tallest building in Nashville as well as Tennessee.
Congress Group will be the developer, buying the land at a currently undisclosed price from Mark Bloom/Larry Patel, who had loosely planned a hotel on the site for years.
No word on how many units of hotel/residential in each unit, or sq. footage of office and retail space. Nor is their word on hotel brands.
Lea Ave. will be realigned in order to maximize the traffic flow.
Gresham Smith is the architect, and Hawkins Partners will handle engineering/land planning.
The team will go before the Metro Planning Commission on March 11 to seek a height modification to the downtown code zoning currently in place on the site. Three nondescript buildings on the site will need to be razed.
More behind the Nashville Post paywall here:
This screen shot from Smeagolsfree's excellent development map shows the site highlighted in teal at the center of the frame: