Albion, 21 stories/270 ft, 415 residential units, 5,650 sq. ft. of retail, 364 car garage, 645 Division St.

[titanhog]

42 minutes ago, markhollin said:

New summary piece on The Albion at NashvilleNowNext, including an update video

https://nashvillenownext.com/2022/03/03/albion-in-the-gulch-update-on-the-415-unit-tower-in-the-nashville-gulch/
 

 

I just want to know what music was used in that video.  LOVE it!

[smeagolsfree]

27 minutes ago, titanhog said:

I just want to know what music was used in that video.  LOVE it!

"Street Cafe" by fabmendez9

[markhollin]

Some new interior renderings:
 

[markhollin]

Up to 13th floor; glass installation continues on pedestal.

Looking SE from DivisionSt., 1/4 block west of 7th Ave. South:

Looking NW from I-40/65 inner belt:

Looking south from 7th Ave. South, 1/4 block north of Drexel St:

Looking NE from intersection of 8th Ave. South and South St:

Looking SE from 9th Ave. South just north of  Old Division St:

[BnaBreaker]

That is a very handsome, big time development being built on a very ugly, small time streetscape.

[markhollin]

Up to 15th floor.

Looking east from I-40/65 inner belt 1/4 block east of 8th Ave. South:

Looking NE from I-65 ramp from inner belt:

[nashville born]

The companies building this one and Alcove aren't messing around!!!

[Sean blackdog]

Yesterday morning from Sky5. 

[markhollin]

Up to 15th floor.

Looking east from Division St., 1/2 block east of 9th Ave. South:

Looking SE from Division St., just west of 7th Ave. South:

Looking south from 7th Ave. South at Fogg St:

[Licec]

I'm trying to like this building something about it is lacking. It's just a skinny box connected to a wide box.

[Baronakim]

24 minutes ago, Licec said:

I'm trying to like this building something about it is lacking. It's just a skinny box connected to a wide box.

Perhaps what is lacking is your knowledge of good architectural design.

 

[Rick Dalton]

This is condos? Their website makes it seem so

[markhollin]

Up to 16th floor.

Three views from I-40/65 inner belt:

Looking west from Division Street Connector, just west of 6th Ave. South:

[Flatrock]

9 hours ago, markhollin said:

Looking west from Division Street Connector, just west of 6th Ave. South:

Now, imagine as the sun sets in the west -  the gigantic shadow of Albion enveloping and shrouding it's ugly neighbor to the east. Sounds pretty good.

[markhollin]

Courtesy of OxBlue:
 

[markhollin]

Up to 16th floor.

Looking SE from Division St., 1/4 block west of 7th Ave. South:

Looking SW from Division St.,  just east of 7th Ave. South:




Looking SE from Demonbreun Viaduct where it crosses over CSX tracks:

[TheRaglander]

Drove by there yesterday... really a huge prescence!  That disgusting brown/gray/cream building next to it... will it get any other facial updates?  It's horrible.

[Native]

Here is a view today from Eighth and Division.  Glass continuing to rise.

[MontanaGuy]

If these are really condos I would think the selling price would be affected by the views they have, especially the ones that face that monstrosity next door since they're so close together.  But the units with no obstructions are going to have a great view and the building looks better all the time as that cladding gets higher.  I really like it!

[Rick Dalton]

Can the liquor store afford to stay on that lot? The corkdorks hotel would make more sense here IMO.

[Baronakim]

2 minutes ago, natethegreat said:

Can the liquor store afford to stay on that lot? The corkdorks hotel would make more sense here IMO.

Are you kidding me?  Being in the very middle of thousands and thousands of condos, apartments and hotels hakes them sitting commercially on a gold mine or the US mint.  What would increase the cost of them staying there anyway unless they do not actually own the land the store sits on?  Does anyone know the owner of the property?

 

[colemangaines]

19 minutes ago, Baronakim said:

Are you kidding me?  Being in the very middle of thousands and thousands of condos, apartments and hotels hakes them sitting commercially on a gold mine or the US mint.  What would increase the cost of them staying there anyway unless they do not actually own the land the store sits on?  Does anyone know the owner of the property?

They're owned by somebody called "Division Street Group" but that's just some LLC so who knows. Says it was registered in 2008 to the mailing address of a different liquor store in Atlanta.

The tax appraisal nearly doubled to $11.4MM in 2021, though. So there's definitely some point, somewhere, where the opportunity cost of the land value plus increased property taxes becomes worthwhile to relocate somewhere a couple miles away.

[downtownresident]

15 minutes ago, colemangaines said:

They're owned by somebody called "Division Street Group" but that's just some LLC so who knows. Says it was registered in 2008 to the mailing address of a different liquor store in Atlanta.

The tax appraisal nearly doubled to $11.4MM in 2021, though. So there's definitely some point, somewhere, where the opportunity cost of the land value plus increased property taxes becomes worthwhile to relocate somewhere a couple miles away.

If the liquor store does own it, I could see a redevelopment of the site with the liquor store taking up a smaller portion, with a new building built on the rest of the site. 

[Rick Dalton]

8 hours ago, colemangaines said:

They're owned by somebody called "Division Street Group" but that's just some LLC so who knows. Says it was registered in 2008 to the mailing address of a different liquor store in Atlanta.

The tax appraisal nearly doubled to $11.4MM in 2021, though. So there's definitely some point, somewhere, where the opportunity cost of the land value plus increased property taxes becomes worthwhile to relocate somewhere a couple miles away.

That’s what I was alluding to. At what point is the land too valuable to justify a one story liquir store? Even though I realize it’s a great liquor store location.

 

 

 

 

 

 

 

 

 

 

 

[markhollin]

Up to 17th floor.

Looking north from I-65, south of the I-40/65 inner belt interchange:

Looking NW from I-40 inner belt:

Looking west from I-40 inner belt:

Looking south from 7th Ave. South at Division St: