The Dave Luna Urban Planet Forum Meet-Up (online, too), Sat. April 6th, 10 AM to noon; Copper Branch patio at Downtown Library at 6th Ave. North and Church St.

smeagolsfree · May 2, 2022

I will be there early as always to have things set up. I get there between 8:30 & 8:45 along with Predsboy18 just to shoot the bull and enjoy coffee and my meal beforehand. Anyone that wants to join early is welcome.

For those of you that want to park free, you can park next to the state capital on 6th Ave N between the Cap and the John Sevier office building.

markhollin · May 4, 2022

NASHVILLE URBAN PLANET MEET-UP AGENDA, MAY 7th, 2022

Here's an overview of what can be covered at the Dave Luna Urban Planet Meet-Up IN-PERSON this Saturday, May 7th, from 10 AM to noon at The Copper Branch inside the Downtown Library (on the SW corner of 6th Ave. North and Church St.). The weather forecast appears to be good (mid 60s and and partly cloudy) so we will meet on the patio outside. But should it be inclement, we will move inside. Bob (LA_TN) will be with us again to serve as our AV tech to get the proceedings captured for anyone who wishes to attend via Zoom. Please PM me by Friday evening at the latest if you would like to get the link to join us remotely.

INITIAL BUSINESS:

Meet any new folks in attendance.
Get reports from anyone who traveled to other cities in the past month for quick overviews of what they experienced.
Cranes up: Neuhoff Plant (3rd & 4th); T3 Wedgwood/Houston (1); Finery (1); Vandy Tower (4th)
Cranes down: ONE22ONE (2nd of 2)
Total cranes currently up in Davidson County: 46; total YTD: 52
Topped out: Vandy Grad Village (11 & 7 stories); The Nell (8 & 5); OneC1TY Broadstone (7); Queen (5); Laurel & Pine (5); Sterling at Nashville West (4); Novel Harpeth Heights (4 & 3): James Lawson H.S. (3); Duke Street Townhomes (3); Fern Ave. Townhomes (3); Marshall Crossing (3); Arcade on Vernon (3); Charlotte Row (3)

AGENDA:
A new enclosed stadium for the Tennessee Titans could cost between $1.9 billion to $2.2 billion and could be ready in time for the 2026 NFL season, according to newly obtained projections. Gleaned from team and state finance department documents theses are the first official estimates of the cost, timeline and potential revenue of the proposed new enclosed Titans stadium. The team estimates a 1.7 million-square-foot enclosed stadium will take 31 months to build. Titans are projecting new development of a neighborhood surrounding the stadium could cost $4 billion in a series of public-private investments. The state is projecting it will cost $710 million over 20 years to finance Gov. Bill Lee's $500 million bond contribution to the project which were approved by state lawmakers last week.

The state is projecting four sources of revenue to pay off the $500 million in bonds: 1) Taxes collected from construction of the stadium over 31 months: $85 million; 2) Sales taxes collected from 10 NFL games and 28 non-football events per year over 30 years: $235 million; 3) Taxes collected from construction of campus neighborhood developments over 10-15 years: $182 million; 4) 3.75% of sales tax collected from surrounding campus neighborhood development over the next 30 years: $415 million.

The Titans have also chosen Manica Architecture out of KC to design initial concepts for the stadium. A mass rendering is available.
Hines has landed a $37.5 million loan for Phase I of the Reed District. The sum will go toward pre-construction costs for an upcoming mixed-use district. Those costs can encompass design plans, environmental and geotechnical analysis, permitting and more. The developers are eyeing 800,000 square feet of new construction for the project’s first phase. Those plans include: 1) 300-unit apartment building; 2) 300,000-square-foot office building; 3) 250-room hotel; 4) Renovations to the site’s vintage Coca-Cola bottling plant, which will house 100,000 square feet of creative office space and retail; and 5) Green space, touted as the project’s centerpiece.
Two additional towers are being planned for Paseo South Gulch's 4th and 5th phases: a 30 story, 350' residential (396 units), and 22 story, 380', 520,000 sq. ft. office building, as well as 11,180 sq. ft. of retail/restaurant space, and 1,500 capacity, 8 level underground garage that will be built on the recently-acquired 1.91 acre lot at 714 8th Ave. South. SomeraRoad will request height modification approval from Downtown Codes. New renderings and diagrams available.
Paseo South’s renovated Voohrees Building roof will be home to Patterson House and Catbird Seat restaurants which will be relocating from 1711 Division St. in the Music Row area. Last week, Barista Parlor announced the would be moving into the same structure's first floor from their existing spot on Magazine St. a few blocks to the west.
SomeraRoad has also bought the .17 acre surface lot slice at 631 8th Ave. South, directly across the street. The price is $3.5 million, which works out to $20.58 million per acre/$472 per sq. ft. They purchased it from MarketStreet Enterprises, who had landed it in 2008 for $220,000. No word on SomerRoad's plans, but one would think they are wanting to make Carter Vintage Guitars, directly to the north, an offer they can't refuse.
Waypoint Residential’s 1806 Division St. tower looks like it will be 32 stories according to a newly-filed fire code document. No word on if a parking garage is part of the site or not. Zoning for that area allows for 20 stories, an it is unclear how the developer will try to get an allowance. No renderings yet.
900 Division will be an 8 story, 90’ tall, 22 unit “boutique group-travel hotel" on the .38 acre by M Cubed that will feature 3,400 sq. ft. of retail on the .38 acre corner parcel at Division and 9th Ave. South. The current tenant in the 2 story non-historic structure that will be razed, Wiles + Taylor, will relocate to the Armory Oaks building near One Hundred Oaks. M Cubed hopes to break ground by year's end. Renderings available.
The .31 acre property and 2 story, 11,156 sq. ft. non-historic structure at 636 Division St. has been purchased for $5 million by Albion Residential. This is directly across the street from the 21 story residential tower they are currently building at 645 Division. The price works out to about $15 million per acre/$370 per sq. ft. Initially, the existing structure on site will serve as the pre-leasing center of The Albion Tower. Once they are all leased, it will be curious to see if the developers make a move to buy the other two triangular properties which are available to the east and north of this site (which would then total about .8 acre) for another large development.
Sonic Automotive, a high-end dealership, is going to have a nearly 1 acre digital automotive showroom and satellite service center called Audi Downtown at 15-21 Lindsley Ave. They paid $6.6 million for the site in July of 2020. They will convert the existing 1 story warehouse that has been home to printer Novatech. No renderings.
Jon Bon Jovi is apparently going to be the celebrity tie-in with the new 5 story, L-shaped , 30,000 sq. ft. structure at 405 Broadway being put together by Big Plan Holdings. JBJ Broadway LLC is on some of the documents being filed.
The southern end of Printers Alley is continuing to gain traction. Underground Cocktail Club will be a 1920s-themed nightclub within 5,460 sq. ft. on the alley-side of One Nashville Tower (formerly One Nashville Place--the R2D2-looking skyscraper). Billy Dec, out of Chicago, is the restaurateur behind the Underground Cocktail brand. Alley Taps, a new live music bar, opened last year in the space just to the north on Printers Alley.
The 1.06 acre surface lot at 601 Lafayette St., just east of the Nashville Rescue Mission, has sold for $19 million to Vela Pietown LLC. The price works out to about $411 per sq. ft., which is similar to other land sales in that neighborhood recently. No word on the new owner's plans.
The two parcel .6 acre site of 801 Ewing Ave. and 631 Fogg St. is being offered for sale with no asking price by Chromatics, who currently owns the 20,920 sq. ft. (circa 1982) industrial structure on the land. Other properties in the area have been selling for $400 per sq. ft. They also own 644 Fogg St., which could possibly be for sale as well. Chromatics Scanning & Printing will relocate to another location once the sale is done.
Stillwater Capital is planning a 361 unit residential complex on 4.2 acres at 186 North 1st St. according to a stormwater grading permit. No word on the height (probably 4 or 5 stories). They purchased the site (which includes a 1 story warehouse ) for $21.5 million from Park Center, who $7 million for it 4 years ago. No rendering yet.
Metro Government is resuming its effort to buy the 2.6 acre site at 88 Hermitage Ave. that includes 1 story brick structures that were once the Tenn. State School for the Blind. In 2018 the city looked to buy the site for $11.3 million in order to relocate the Nashville School of the Arts there. The price has now increased to $20.3 million. The city might be looking at other uses that might be better suited, but has not indicated what that might be.
Emblem Park will be the name of SomeraRoad's $108 million, 4 & 5 story, 346 unit, 13,000 sq. ft. commercial space, internal garage development at 1414 4th Ave. South. A portion of the existing warehouse on site is what will be renovated for the retail space.. Work will start in May, and be finished by 2024. Renderings available.
AI. Neyer is planning a 5 & 7 story residential project featuring 165 residential units and 2,000 sq. ft. of ground level retail space on 1.3 acres at 1107 8th Ave. South. Niles Bolton Associates is the architect. The 1 story, non-historic structure currently on the site is home to Jive Printing. The current owner of the land, George deZevallos, paid $137,500 for it in 1984. No word on the sale price, and no rendering yet.
Fort Negley Park master plan continues to move forward. A massive elipse is going to take the place of Greer Stadium, with paths and bike trails back into the former surface lots east of the fort.
Muse at 1705 Hayes St. will now be 24 stories/271’ instead of 30/331’. Will be either 295 room residential or 345 room hotel. Garage pedestal still has 351 car capacity. New renderings available.
A mystery buyer has now finished buying up all the parcels between 1920-1926 Hayes St, by paying Mike Schmerling $11.25 million. No word on the plans for the site. A handful of 12-28 story residential towers have been announced within several blocks of this site in the past year.
Vanderbilt University's Vandy United facilities Phase 1 is going to start this fall, and be finished by fall of 2024. The new four-floor, 90,000-square-foot basketball facility will feature two practice courts, locker rooms, coaching offices, a weight room, a training room, an equipment area and a nutrition space. Both the men’s and women’s basketball teams also have newly renovated locker rooms at Memorial Gymnasium. The basketball operations building will connect from the north end zone of Vanderbilt Stadium to Memorial Gymnasium and feature terrace and balcony viewing areas on the upper levels of the basketball center, allowing game-day access to both facilities for fans. Rendering available.
Vanderbilt Univ. is planning to buy the prime 1/2 acre lot at 2019 West End Ave. (SE corner with West End Ave.) where recently-closed Qdoba Mexican restaurant was located. No word on Vandy's long-term plans for the site.
2505 21st Ave. South will be a 4 story medical office building with 75,000 sq. ft. of space on a 1.25 acre plot that is currently occupied by a 5 story office structure that is currently home to Wright Development, which will be torn down. They will all go before Metro Planning on June 9th to request a zoning change. Renderings available.
2121 Crestmoor Road in Green Hills is being proposed for a 6 story mixed-use development of residential (unknown amount of units) and ground level retail on 1.15 acres. A partnership led by Nic Spiva is behind the project, and purchased the site in 2007 for $3.64 million. A 2 story office building currently sites on the site and will need to be razed. No timeline has been given for work. No renderings as of yet.
405 40th Ave. North (6 stories, 103 units, 6,000 sq. ft. of retail) is finally moving forward by CA South. They finalized the purchase of the 1.92 acre site for $7.25 million in March. Previously a different developer had envisioned a 5 story, 152 unit structure for the site. Demo of 5 small non-historic industrial buildings on the site is slated for this summer, and groundbreaking should be by year's end. A block rendering is available, with more dimensional views coming shortly.
Riverside at MetroCenter will be a 623 unit apartment complex (no word on how many structures or height) on 14.25 acres of undeveloped land at 2833 Clarksville Hwy. next to Ted Rhodes Golf Course and the Cumberland River being developed by an unidentified group. No renderings yet.
Turnip Truck will open a 23,500 sq. ft. grocery in the South Tower of Vandy Grad Village in mid-2023. It will have 80 store-dedicated parking spots in the internal garage. This store will be 50% larger than the other Turnip Truck’s in town.
730 Main St. will be the site of a 5 story mixed-use project with 57 residential units and some ground level retail. Richland Building Partners will be the developer. A 1 story, non-historical structure home to Metro Mobile Phone is currently on the site. No renderings available yet.
Maple Grove will be a 3 story development featuring 43 townhomes and 5 single family homes on 3.54 acres at 218 Maplewood Trace. Construction should commence in July, with everything being complete by fall of 2023. Rendering available.
KIPP Nashville has paid $10.48 million for the former Macy's building at Global Mall at the Crossings (Hickory Hollow Mall) with the intention of turning it into a high school.
Century South will be a 184 acre mixed-use development by the Tribute Company southeast of Century Farms. It will include 964 units of apartment (22 buildings) and townhomes (60 buildings) , as well as office space (9 structures). The residential areas will be 3 stories, and offices will be 4 stories. Diagram available.
Tanger Factory Outlets has finally paid $8.75 million for their portion of land at Century Farms for a 6 building, 303,500 sq. ft. outlet shopping center.
Wood Partners is looking at another residential project of 256 units on several acres at 1301 Lebanon Pike. Gray Line Bus Tours had their HQ on the site up until a few months ago. No renderings yet.
Goodlettsville Elementary School (1 & 2 stories, 81,750 sq. ft.) has broken ground at 514 Donald Ave. in Goodlettsville. Budget is $22.8 million, and completion date is planned for August, 2023. Renderings available.
Mayor Cooper’s new budget includes major development/transit related pieces: 1) 19 new roles at the Planning Department and 35 new roles at the Codes Department, both of which bear most of the government strain caused by Nashville's unyielding real estate construction boom; 2) 45 new positions at the Nashville Department of Transportation & Multimodal Infrastructure, and a $10.4 million funding increase for WeGo Public Transit.
Ashland City in Cheatham County will be the home of the 120,000 sq. ft. Corsair Artisan Distillery on 15 acres at 1016 Trinity Rd. It will employ 50-60 people.
Bowling Green, Kentucky has landed a $2 billion, 3 million sq. ft. electric vehicle battery plant to be built by Envision AESC out of Japan. It will employ 2,000 people.

NASHVILLE REMAINS HOT:
United Record Pressing continues to expand in the WeHo neighborhood with a $15 million project to double its output in the next 18 months, with 200 more employees.
GZ media, a Czech Republic record pressing company, is going to open Nashville Record Pressing at 520 Brick Church Park Drive in the former home of Quad Graphics (100,000 sq. ft.). It will employ 255 people.
Medici XD, and animatronic company, will make Nashville their HQ at 2200 8th Ave. South creating 30 new jobs.
Manchester in Coffee County will see the $50.5 million expansion of Dot Foods which will create an additional 171 jobs. Groundbreaking is expected this summer, with the new operation running by late 2023.
Franklin will be the new home of Gary Sinise (Lt. Dan from "Forrest Gump") and his foundation that helps veterans. No word on the location of the new HQ which is making the move from California, or how many employees.
Nashville is rated the second best job market in the country by Wall Street Journal (only Austin is hotter).
Nashville continues to be the hottest residential real estate market in the country according to Re/Max. The median home price in the Middle Tennessee region reached $430,000 in March, a 23% increase over the last year – nearly the same percentage increase as the company’s December report, which showed 23.5% growth year-over-year. This is the third time in less than a year that the region has broken records — hitting $405,000 in October and $410,000 in December. However, actual sales are down 4.2% from last year because there simply isn't enough new home inventory.
CrowdStreet now ranks Nashville 3rd overall on their national list of top commercial real estate markets in which to invest. Only Austin and Raleigh come in ahead. Nashville comes in as the #1 office market in the land.
GEODIS Park had a hugely successful grand opening game on May 1st when Nashville SC played Philadelphia to a 1-1 draw. An SRO crowd of 30,109, along with a national audience on ESPN were wowed by the new facility.

Hope you can join us Saturday morning for informative, and lively conversation about all of the development happening in and around Music City!

smeagolsfree · May 5, 2022

Mark, I will have a little bit but not much and also some things to add from the news today that has not gone live yet.

nashville born · May 6, 2022

Thanks for hosting the virtual arm of the meetup! Planning to be there.

markhollin · May 7, 2022

We had 15 in attendance (3 were online) for our May Meet-Up this morning. Thanks, as always, to LA_TN for the audio-visual work on the Zoom portion, Smeagolsfree and Predsboy18 for advance set-up; and Bos2Nash for e-mail invite. Our June Meet-Up will be Sat. June 4th from 10 AM to noon at Copper Branch in the Downtown Library. We may also have some Mini-Meets at other locations in the summer months. More on that later.

Baronakim · May 28, 2022

2 hours ago, kevibruy said:

Yeap, you really had great information. You just included in your post that "20 Great Places To Start A Business After the Pandemic" One of it will be always would be Washington. As I just love to be at Washington and recently just started my business in Washington by hiring Washington SOS agent who does all work for us to ease the process of set up a business. I thought that still many thing to be coming and I excited to know about great places but no one here elaborated. Still, I'm happy with your efforts and the post.

This is a NASHVILLE forum. Your post seems very irrelevant with your comments about Washington. The post was informative about our monthly meeting here and not generally for extreneous comment such as this. Welcome to th e forum but please try to keep responses germane to the original post unless obviously humor. Generally, posts about our meetings require little elaboration. Thanks.

markhollin · May 30, 2022

Our next in-person Meet-Up this Saturday, June 4th, from 10 AM to noon Central Time. Once again we will be at The Copper Branch in the NE corner of the Downtown Library Building (at SW corner of 6th Ave. North and Church St.). Parking is available in the Library Garage at $6.00 per hour--but if you bring your ticket in and have it stamped at the front desk at the Library you get 1.5 hours free. If the weather is good, we will meet on the patio outside; if not, then inside. In either case, Ron (Smeagolsfree) will be arriving early to get tables and chairs set up.

We should have things set up for folks to participate online via Zoom as well. If you would like to join in that way, please send me your e-mail address via private message by Friday evening, April 1st, and we will get you the particulars for logging on. We will presume that if you took part in last few months' virtual meet-ups, that you will be interested again this month...so no need to send your info again (we've kept it from May of 2020 onward and will include you automatically for this upcoming meeting). Everyone on that list will be getting an e-mail this week with log-in info for remote access.

A full agenda of discussion items will be posted on this thread in a few days.

markhollin · June 1, 2022

NASHVILLE URBAN PLANET MEET-UP AGENDA, JUNE 4, 2022

Here's an overview of what can be covered at the Dave Luna Urban Planet Meet-Up IN-PERSON this Saturday, June 4th, from 10 AM to noon at The Copper Branch inside the Downtown Library (on the SW corner of 6th Ave. North and Church St.). The weather forecast appears to be good so we will meet on the patio outside. Bob (LA_TN) will be with us again to serve as our AV tech to get the proceedings captured for anyone who wishes to attend via Zoom. Please PM me by Friday evening at the latest if you would like to get the link to join us remotely.

INITIAL BUSNIESS:

Meet any new folks in attendance.
Get reports from anyone who traveled to other cities in the past month for quick overviews of what they experienced.
Cranes up: Music Row Apts. (1); Canopy/Homewood Suites (1); Paseo South Gulch Prima (1); 1001 Church (1)
Cranes down: None
Total cranes currently up in Davidson County: 51; total YTD: 58

Topped out: Albion (21 stories); Neuhoff Office Tower (15); Travecca Univ. Residence Hall (8); The Malvern (6); McEwen Northside Office II (6); Olympic II (5); Tru Hilton Cool Springs (5); Humphreys & Pillow (4); McEwen Northside Garage II (4); Douglas & Stainback Townhomes (3); Green Hills Station/Phase II (3); Southside Court Townhomes (3)

AGENDA:
621 Middleton will be a 280' residential tower on 1.2 acres (the Plaza Arts site) to be developed by T2 Capital Management. It will feature 3 segments of 24, 25, and 27 stories, with 405 residential units,14,770 sq. ft. of ground level retail, and a 439 capacity internal garage. Hastings Architecture will be in charge of design. T2 paid $11.25 million for the site. Plaza Artist Materials, the former owners of the site, will relocate in October to a new location in Germantown. Renderings and diagrams available.
East Bank spending could tally $769 million in Metro, state, and federal money over the next 6 years. This includes planning, designing or building roads, a transit hub, utilities, bridges, Greenway trails, parks and affordable housing. It does not include the new Titans Stadium. The lion's share of the potential spending is a $500 million line-item labeled "East Bank infrastructure — design and development," including the cost of buying property from private landowners to allow for utility upgrades and creating the sweeping boulevard the city envisions as the "spine" of the East Bank. The capital improvements budget says the $500 million would come from state and federal funds, as well as Metro-issued bonds. Some or all of that debt could be repaid using tax-increment financing, in which Metro would allot new property tax revenue from the redeveloped East Bank to pay back the bond debt.

Other potential work connected to the East Bank includes: a) $138.3 million for a new grid of streets to better align what's today a disjointed and jumbled road layout. Seventy percent of that money would come from Metro borrowing; b) $84.9 million for "multimodal improvements through the East Bank and to surrounding neighborhoods." The majority of that money would come from federal funds; c) $22.2 million for a pedestrian bridge linking Germantown to the doorstep of Oracle's campus; d) $19.7 million for designing and creating public parks and Greenway trails; e) $4 million tied to "planning and leveraging for development of affordable housing on the East Bank.”
In February, the Titans asked Turner Construction Co., working with AECOM Hunt, to calculate what a renovation would cost and project what it would cost to sustain the stadium through the end of the Titans' lease. The lease ends in early 2029, though it allows the Titans to extend it for another decade. The numbers Nihill presented run through that potential 2039 end-date. Turner and AECOM found that a renovation, which likely would be done in 2026, would cost Metro taxpayers $945 million. All but 3% of that would be new work; taxpayers still owe the Titans $28.7 million of reimbursements for maintenance and upgrades the Sports Authority approved in recent years. In a renovation, the Titans would spend $240 million to overhaul luxury suites and locker rooms, plus another $50 million to $80 million of amenities the team would fund, even though the team believes those items are Metro's responsibility under the lease. "This is as conservative as we could make it," Nihill said. From that point, Turner and AECOM Hunt concluded that it could cost taxpayers another $894 million to sustain the renovated stadium for the following 13 years, should the Titans extend their lease. That means, to keep Nissan Stadium running well between now and 2042, it will cost the taxpayers $1.79 billion. A proposed NEW stadium is looking to be in the $2.2 billion range, and the way a new agreement is being structured, just a fraction of that would be covered by any new taxes to Metro citizens.
White Lodging Services has purchased the .61 acre lot at 127-131 8th Ave. South (NW corner of Demonbreun and 8th Ave. South) for $35 million, and is rumored to have plans for an unknown brand tower that could range between 30 and 50 stories, zoning allows for that on that corner. The sale works out to $1,317 per sq. ft. The $57.3 million per acre price. Is a new record for downtown. White Lodging also owns the Marriott Nashville Hotel at 2555 West End Ave.
Post Road Group out of Connecticut will be developing a residential tower that will most likely be in the 25 story/300 unit size for 601 Lafayette St. The site is immediately east of the Nashville Rescue Mission, and north of City Winery. They recently purchased the 1.06 acre surface lot for $19 million. No renderings yet.
The Marriott at 125 7th Ave. North is actually going to be 21 stories instead of 23, with 3 levels of underground parking. The total garage capacity will be 287 cars. Now 426 rooms instead of 428; and 24,443 sq. ft. of meeting space. There is 17,000 sq. ft. of retail/restaurant.
A $189 million overhaul of Legislative Plaza is moving forward. The State Building Commission approved the funding, including $6 million for a designer and general contractor, at a meeting earlier this month. The facility was formerly home to offices for the state legislature, which moved to the Cordell Hull Building in 2018. The Legislative Plaza project will include upgrades to the State War Museum, a new visitor center and repairs to a parking garage and tunnel connecting the facility to the state Capitol. Nearby, a $106 million renovation of the War Memorial Building is underway, while the state plans to sell Citizens Plaza to Metro Nashville.
The .11 acre surface lot at 107 4th Ave. North (behind Dierks Bentley's Whiskey Row) has sold for $10.2 million, which works out to more that $2,129 per sq. ft./$100 million per acre. The new owner is TC Restaurant Group which owns Tequila Cowboy and Luigi's Pizza. in the Lower Broadway area. No word on their plans, but one would expect they will build another restaurant/bar on the site.
800 6th Ave. South, a seven-parcel site covering 2.2 acres at the SE corner of Division and 6th Ave. South, has been been offered for a negotiable price that might yield as much as $40 million.
Lord & Liberty Hotel (9 & 10 stories, including the James Geddes Engine Co. fire station, circa 1895) update: after MDHA Design Review Committee approved the concept plan in Sept of 2020 L&L Nashville LLC has quitclaimed the property, with an affiliated entity (Rutledge Hill LLC) now owning it, which bills itself as revitalizing historic buildings. The company’s website does not include the Lord & Liberty project. However, the architect for the previous plan is still working on the design.
The .46 acre surface lot at 914 3rd Ave. South (which also borders on Lafayette St.) has sold for $4.5 million by Mainland Companies to Madison Capital Group, primarily an apartment developer out of Charlotte. Before sale, the site had been marketed for a self-storage facility. Madison Capital also has developed some storage units.
Nashville General Hospital is looking at a possible new location featuring a potential 10 story structure on a 77 acre site next to at 720 Mainstream Drive in MetroCenter. Rendering available. This is currently occupied by some athletic fields.
The 9 acre lot on which the Millennium Maxwell House Hotel sits has been purchased by the Prescott Group for $6.6 million. The sale of the property is subject to a long-term ground lease involving the hotel. Metro appraised the full property (the land and the hotel structure) at $27 million in 2021. It appraised the nine acres of land at approximately $5 million. I figure that Prescott has plans to convert the approximate 6 acre surface lot into some sort of development that would include an internal garage to serve both the hotel and the new project.
1801 Patterson (14 stories, 277 units, ground level retail, internal garage) will now be known as Aspire Midtown, as Al. Neyer is now partnering with The Dinerstein Companies (developers of Aspire Gulch). A rendering is finally available. Rendering now available.
301 15th Ave. North will be a 7 story mixed-use project featuring 179 apts., 3 ground level retail spaces, and an internal garage on .9 acre by Q&A Holdings. They paid $5 million for the site last October. No rendering yet.
445 Commons will be the name of the $123 million residential development next to GEODIS Park Soccer Stadium on the Fairgrounds currently being built MarketStreet Enterprises. The 6 buildings project's first phase on 2.6 acres, set to open in 2024, is slated for: a) 335 mixed-income residences (120 units dedicated to tenants earning below 60% of the median area income; at least 40 units dedicated to tenants earning below 80% of the median area income); b) At least 11,000 square feet of ground-floor commercial space; c) 7,500-square-foot “micro-business incubator space” for “local makers and artisans;” d) 500-space parking garage; e) Amenities at 445 Park Commons are set to include a saltwater pool, club room, fitness center, dog spa and rooftop lounge with panoramic downtown views. Every common area will also feature work-from-home spaces, as well as a co-working center with private conference rooms and a coffee bar. When complete, 445 Park Commons will span more than 1 million square feet. No new renderings.
A bit more info on the development at 1105-1107 West Trinity Lane. The southern 3 acre portion that borders on West Trinity Lane will feature two 4 story condo buildings with a collective 107 units. A rendering should be available soon. Groundbreaking will be late in the year. The northern 12 acres of the site will be called Hilltop Estates and feature 83 residential units in singles and duplexes. D&M Development is in charge.
At 1014-1018 West Trinity Lane, D&M is also planning a project called The New Cumberland on 5.3 acres that will feature 155 residences and a commercial structure. A new road called Limestone Place serves the project connecting it to Youngs Lane and West Trinity Lane. No renderings yet.
633 West Green Lane will be a 78.2 acre mixed-use project at the NW corner of the Briley Parkway/Whites Creek Pike interchange by Fifth Generation Property Company featuring up to 500 residential units (free standing homes, live-work townhomes, conventional townhomes, apartments), retail/office space, and 40% green space/tree preservation zones. Rendering available.
The former Piggly Wiggly grocery store structure (1 floor, 13,600 sq. ft.) at 917 Dickerson Pike will become home to 3 concept restaurants that will open by summer of 2023. There will also be a FLWR Shop florist in the development. Rendering available.
2820 Dickerson Pike (five 4 story buildings, 362 units, 8,000 sq. ft. of ground level retail, 539 capacity garages) has released some more info and rendering/diagram. The 13.34 acre site has been cleared of former trailer park and undeveloped land.
A restaurant/bar project is about to start in the renovation of the 14,000 sq. ft. 1 story former truck sales structure at 745 Douglas Ave., just to the west of the repurposed Highland Yards office/retail development. The site offers lot of opportunities for outdoor patios to supplement the restaurants and sufficient surface parking.
Hearts Cafe will open its 2nd Nashville location in the former Fork's Drum Closet building (1 story, 1,924 sq. ft.) at 2701 12th Ave. South. Rendering available.
The Neo will be a 4 story, 23 unit boutique hotel on .6 acre at 245 Hermitage Ave. just south of the Railroad District to be developed by CET Holdings. Preliminary site work is underway. The hotel should be open by summer of 2023. Rendering available.
530 Donelson Pike will be a 10 acre mixed-use project featuring 325 residential units in a pair of 3-4 story structures, structured parking, and 3 free standing retail structures with a combined 30,000 sq. ft. This is the former K-Mart site on the NW corner of Donelson Pike and Royal Parkway. Groundbreaking is planned by year's end, and the project should be complete in 2024. No renderings yet.
Nashville Barrel Company wants to add on to its whiskey operation at 222 Fesslers Lane with a new $2 million production, bottling, and finished goods facility at 809 Heathcote Ave. They purchased the lot a year ago for $1.85 million. No rendering yet.
3900 Charlotte Ave. (6 & 7 stories, 300 units, 46,000 sq. ft. Publix Grocery, internal garage) that was announced last year by CHM Development, now has the land under contract. The site needs to be re-zoned, so a closing may not happen until 2023. Block rendering available.
Crossings Boulevard is the name of a 4 story, 320 unit residential development on 5 acres at 0 Mount View Rd, near the intersection with Crossings Blvd. There may be a second phase that includes a free standing restaurant. Rendering available.

NASHVILLE REMAINS HOT:
Nissan is mulling over adding a 3rd U.S. plant to meet electric vehicle demand. Could possibly be adjacent to existing plant in Smyrna. If so, could mean an additional 2,000 jobs.
Studio Bank will set. up its 2nd corporate office in Franklin in 10,000 sq. ft. at the McEwen Building at 1550 West McEwen Drive. There will be 35 employees.
Prisma Nashville, a print logistics company, will expand its Davidson County operations by moving to 2947 Brick Church Pike (former home of Quad/Graphics) and grow its staff to 109 more jobs in the next 5 years.
Tennessee saw the highest increase in tech worker jobs in the U.S. during the pandemic (Dec. 2019 to Dec. 2021), according to a new report from the Technology Councils of North America, with a 7.6% jump.
Nashville Metro Codes Dept. is projecting $5.61 billion in new permits for FY 2022, which ends June 30th. That will be another record, up from last year's $5.39 billion. The number of permits issued is also expected to rise to 15,981 this fiscal year, which would set another record. That total would be an increase from 13,517 permits issued last fiscal year, according to Metro Codes.
The 2031 Men’s Rugby World Cup and the 2033 Women’s Rugby World Cup may be in Nashville’s future. The Ireland-based World Rugby Council, which oversees the games, has chosen the U.S. as host nation. Nashville is among 24 other cities vying to host matches in either or both World Cup tournaments in 2031 and 2033. The 2019 Rugby World Cup games hosted in Japan reportedly netted the country about $4.97 billion in business. A projected 4.1 million fans could attend both World Cup events in the U.S.
Nashville ranked #1 on Livability's "10 Best Foodie Cities in the U.S. Right Now" list.
Nashville ranked #1 destination “Where to Travel” in June, 2022 National Geographic website.
MSN has ranked Nashville #5 in "Our 12 Favorite Cities to Visit in the U.S."
Basement East wins the Academy of Country Music Club of the Year Award.
Nashville ranked #25 (up from #31 in 2021) on U.S. News & World Report's "25 Best Places to Live in the U.S. 2022-2023.”
The Ryman Auditorium has been named a Rock & Roll Hall of Fame Landmark. The Mother Church is the 12th venue to receive this designation. Other venues include Surf Ballroom (Clear Lake, IA), Austin PBS Studio 6A (Austin, TX), and Whisky a Go Go (West Hollywood, CA). The Ryman will open a Rock and Roll Hall of Fame exhibit later this year.

Hope you can join us in-person this Saturday morning for fun, lively conversation about all of the development going on around Music City!

markhollin · June 4, 2022

Another fun Meet-Up this morning with 21 in attendance (6 of those online). Several folks had to leave before we could get our group pic. Thanks again to Smeagolsfree (Ron) and PredsBoy18 (Brian) for coming early to set up; LA-TN (Bob) for coordinating the online proceedings; and Bos2Nash (Craig) for advance publicity.

The next regular gathering will be Sat. July 2nd at 10 AM at The Copper Branch inside the Downtown Library. There's a chance we will have a mini-meet before that, so stay tuned for more info. : )

Bos2Nash · June 6, 2022

Gotta love that Celtic support@Skyscrapergeek (even if the outcome of Game 2 sucked)

smeagolsfree · June 6, 2022

1 hour ago, Bos2Nash said:

Gotta love that Celtic support@Skyscrapergeek (even if the outcome of Game 2 sucked)

Sort of reflects that n Johns tee shirt!

markhollin · June 27, 2022

Our next in-person Meet-Up this Saturday, July 2nd, from 10 AM to noon Central Time. Once again we will be at The Copper Branch in the NE corner of the Downtown Library Building (at SW corner of 6th Ave. North and Church St.). Parking is available in the Library Garage at $6.00 per hour--but if you bring your ticket in and have it stamped at the front desk at the Library you get 1.5 hours free. If the weather is good, we will meet on the patio outside; if not, then inside. In either case, Ron (Smeagolsfree) will be arriving early to get tables and chairs set up.

We should have things set up for folks to participate online via Zoom as well. If you would like to join in that way, please send me your e-mail address via private message by Friday evening, July 1st, and we will get you the particulars for logging on. We will presume that if you took part any previous virtual meet-ups, that you will be interested again this month...so no need to send your info again (we've kept it from May of 2020 onward and will include you automatically for this upcoming meeting). Everyone on that list will be getting an e-mail this week with log-in info for remote access.

A full agenda of discussion items will be posted on this thread in a few days.

markhollin · June 29, 2022

NASHVILLE URBAN PLANET MEET-UP AGENDA, JULY 2, 2022

Here's an overview of what can be covered at the Dave Luna Urban Planet Meet-Up IN-PERSON this Saturday, July 2nd, from 10 AM to noon at The Copper Branch inside the Downtown Library (on the SW corner of 6th Ave. North and Church St.). The weather forecast appears to be good so we will meet on the patio outside. Should it rain, we can meet inside. Bob (LA_TN) will be with us again to serve as our AV tech to get the proceedings captured for anyone who wishes to attend via Zoom. Please PM me by Friday evening at the latest if you would like to get the link to join us remotely.

INITIAL BUSNIESS:

Meet any new folks in attendance.
Get reports from anyone who traveled to other cities in the past month for quick overviews of what they experienced.
Cranes up: Chartwell at Marathon (1); Artist Lofts (1); Nashville Yards AEG Apt. Tower One (1); Nashville Yards AEG Apt. Tower Two (1); Gulch Union Residential Tower (1)
Cranes down: None
Total cranes currently up in Davidson County: 56; total YTD: 63

Topped out: 50 Music Square West Hotel (7 stories); Belmont Univ. Massey 3D Center (6); Blakeford (6); 918 Main (5); Fusion WeHo Phase II (4); Novel Harpeth Heights (4); Oral Surgical Institute (3); Oakbrook Cool Springs (3); Mallory Bldg. (3); Martha O’Bryan Center (3); Williams Station Townhomes (3); Breeze Block (3); Lenox & Oceola Townhomes (3); Demoss Townhomes, Phase II (3); Liberty Lofts (3)

AGENDA:
210 15th Ave. North will be 30 stories/332' with 566 residential units, 13,000 sq. ft. of ground level retail, 9 levels of parking (2 below grade). 1414 Church St. will be a 30 story/332' hotel with 192 rooms, and ground level retail. The Roers Company is the developer for the residential tower; STG Design is the architect; Kimley-Horn and Barge Design will be involved with engineering. Renderings and diagrams for the residential tower are the only ones released so far.
Portman Holdings and National Real Estate Advisors are partnering to redevelop the current 10 acre Eleven Eleven apartment campus with three additional mid-rise towers in the 16 story range that will be primarily residential over the next decade. The main address is 200 11th Ave. North, and features several 4 story structures built a decade ago with hundreds of apartments. The plan is to keep those for the time being, with the new structure being built to the east on the surface lots that hug the CSX tracks. The purchase transaction is being done via a quitclaim deed deal where no dollar amount is listed on the Davidson County Register of Deeds document. Mike Green, Senior VP of Development for Nashville at Portman says, "We see the property as a critical connection between the North Gulch and mid-Gulch as well as between Church Street and 11th Avenue North," adding the site will eventually offer improved connectivity — via an aerial pedestrian/cyclist bridge/ramp — involving the Church Street viaduct and the existing Metro greenway. The ramp likely will be the city’s first such structure related to its viaducts. Portman is also developing Ballpark Village and The Moore office building in Midtown. This will be their largest project in the market yet. No renderings or diagrams yet, but should be coming in the near future.
C3 Bank out of California will open its first Nashville office in Nashville in the former King Baby Jewelry Building at 615 9th Ave. South. They paid $7.1 million for it along with the adjoining 611 9th Ave. South (a 1 story structure home to Chef & I, which will be relocating). The bank will renovate and make an addition to the current structure which will eventually be a 6,140 sq. ft. space on a single floor, employing 5-10 people. Pfeffer Torode will be the architect with Urban Cowboy doing interior design. With the way this neighborhood is percolating, it appears they paid way too much for this 1/3 acre site and just to convert a small structure into a bank branch. Perhaps they have something more substantial in mind for the long term. A rendering is available.
Metro Council has approved the purchase of the former Nashville School for the Blind's 2.6 acre campus at 88 Hermitage Ave. from the state for $20.3 million. It could've been purchased for half of that in 2019. Metro officials said the city could partner with the Metropolitan Development and Housing Agency, which owns an adjoining parcel, to create up to 350 housing units on the 2.6-acre parcel surrounding the historic building along the Cumberland River in the Rolling Mill Hill neighborhood. After the purchase is finalized, a technical feasibility study will consider the structure of that housing and potential uses for the existing buildings. Designs to renovate the 17,000-square-foot building into an office or similar use could cost around $8.8 million.
Sip SoBro Craft Beer and Coffee will be a new taproom/cafe at 1 floor, 2,090 sq. ft., circa 1946 brick structure at 523 4th Ave. South. Daniels and Chandler Architects will handle design work, with Historic Buildings the contractor.
Endeavor Real Estate Group (the folks behind 1200 Broadway and Gulch Union) have purchased 1 Music Circle South (3 stories, 27,000 sq. ft. on .5 acre) from the United Methodist Church for $8.15 million. We believe height codes for that area are around 8 stories. For the short term, Endeavor will just lease the office space in the building, which is not very old. Additionally, Endeavor purchased the adjoining lot just to the west at 7 Music Circle East, for $6.5 million last December. So they are accumulating land for something of interest down the road. They may also try to purchase the surface lots at 6 and 8 Music Circle South from Oak Point, which recently paid $5 million for that cumulative .46 acre.
A new 3 story version of South Street restaurant/bar is going to be built and operated by Bryan Lewis and Steve Smith at 903 20th Ave. South. The two have bought the property for $4.5 million, and plan to sink between $4 and 6 million into the new structure. In addition, the future building will feature a rooftop space. A demo permit will be applied for by August’s end, with construction to start thereafter. No renderings available yet.
Three 1 story structures on .42 acre at 1040-1044 3rd Ave. South in Chestnut Hill have been purchased for $3.42 million, with the intent of transforming them into a live entertainment venue. Christopher Jordan Latiff is the new owner and his Hitedeos LLC will oversee the transition into "a special event venue for music lovers surrounded by a variety of local food that will service and benefit the local emerging community.” It appears that Butcher Supply Store at 1040 3rd Ave. South will remain in business, with the other two addresses making up the club/restaurant. The Perryman family were the previous owners, having paid a total of $28,000 in several transactions for the properties between 1981-85.
Broadstone Berry Hill will be a 4 story, 303 unit residential complex with 5,000 sq. ft. of ground level retail, and a 437 capacity internal garage. It will be built on the 3.25 acre site of the former Mrs. Grissom’s Salads factory at 2500 Bransford Ave., catty corner from the fairgrounds to the NE. Alliance Residential is the developer; Dynamic Design is the architect; Catalyst Design is in charge of engineering. The purchase of the site is not complete yet, hence no timelines have been set. This is Broadstone’s 6th project in Nashville.
Von Elrod's Beer Garden at 1004 4th Ave. North is going to expand with an additional 6,500 sq. ft. of heated/covered space in the form of an additional indoor/outdoor pavilion that will accommodate another 300 people.
Mayor Cooper is proposing that the new Tennessee Performing Arts Center (TPAC) and a new high school for the arts could move to the PSC site. Last year, Icahn sold the PSC Metals business across the nation but retained ownership of the land near Nissan Stadium. That transaction is a “good development” for Nashville, Cooper said, as Icahn is now “more of a real estate investor” as it pertains to the site. Cooper said he plans to meet with Icahn and his son, Brett Icahn.
Lifestyle Communities has given up on their large project (5-7 stories, 400 units) across from Stocking 51 at 1300 51st Ave. North, and have sold the 3.8 acre site for $30 million to Camden Property Trust out of Houston. The latter is the same group planning a 16 story mixed-use project at 909 Division in the Gulch. Will Smith, Camden vice president, told the Post Monday the future project will not include any changes related to height, massing and scale as was previously planned with the LC project, which had paid $12.8 million for the land in The Nations in Feb. of 2020. No new renderings yet.
The Lofts at Rivergate will be two 6 story buildings with 476 residential units and 16,496 sq. ft. of commercial space included on the 12 acre site of the former Macy's Dept. store at Rivergate Mall. Charles Jones, known for his work in rehabbing/reimagining old sites like Werthen Lofts and Saint Bernard Convent, is the majority owner in the project. It will not be attached to the mall (which still has 58 stores), but will have a pedestrian connectivity point. The rezoning and approval process will start on July 11th at the Goodlettsville Planning and Zoning Commission meeting. Rendering available.
Airport expansion announcements: Concourse 1) A and D will see extensions and improvements including additional gates, moving walkways, and additional concessions in both concourses; 2) New Air Freight Building – A new air freight facility will be constructed to better support airline cargo requirements; 3) Terminal Roadway Improvements – Capacity will increase and ease traffic flow into and out of the terminal and parking garages; 4) Upgrades to the baggage handling system will sort bags by flight, speed security inspections, and deliver passenger luggage to and from the aircraft faster. The New Horizons design phase is expected to begin in August 2022 with construction on the extension of Concourse D scheduled to begin in late 2023 – with completion of all projects in late 2028.
Neyer Properties is planning a 150 unit residential project (3 stories?) on 4.9 acres at 713 Ermac Drive just north of the airport. Neyer recently purchased the undeveloped land for $2 million. Across the street to the west they are apparently also going to have another 200 unit complex.
Williamson County appears to be the destination for a high-end outlet retail center that will offer 300,000 sq. ft. of space for dozens of retail shops and restaurants. It will be co-developed by Simon Property Group (who specialize in high end malls) and AJ Capital. Other similar malls that Simon Property has are enclosed. No word in their initial press release as to the exact location, but it did state they are aiming for the southern portion of the metro area. A 2023 groundbreaking is planned.
Franklin will see a GoStore It self-storage facility (4 stories, 151,000 sq. ft.) on the former Goose Creek Inn motel site at 2404 Goose Creek Bypass off of I-65. Maddison Capital is the developer; Smith Gee Studio is the architect; Kimley Horn is in charge of engineering; Kiser + Vorgrin Design will oversee landscape architecture.Middleburg Real Estate has paid $9 million for 23 undeveloped acres at 122 Liberty Pike in Franklin, which is just south of the large Ovation project. Zoning allows for 450 residential units ton the site. They plan on calling it Mosby Cool Springs. No word on groundbreaking, and no renderings yet.
WaWa convenience stores may be expanding into the Nashville market with upwards of 40 outlets in the future starting in 2025. The markets offer, among other items, prepared foods, coffee, gas and ATMs. Wawa stores are located in six states in the mid-Atlantic area. Forbes ranked Wawa No. 29 of America’s largest private companies in 2021, a year in which Wawa posted revenue of $11 billion.

NASHVILLE REMAINS HOT:
Ryder System has chosen Franklin for a new regional freight logistics office that will employ 150 people within several years. No word on the exact location yet.
Scout's Pub Midtown will be a new modern pub opening on the first floor of SkyHouse Nashville. They expect to have at least 70 employees.
The Rutledge Restaurant inside the Four Seasons Tower has just opened with 80 employees.
Nashville picked #1 on “12 Hottest Housing Markets of 2022” list by National Mortgage News.
Nashville ranked #4 in nation for building new homes in first quarter of 2022 according to Redfin.
Clarksville is ranked #1 in nation in Opendoor's "Top 20 Hottest Zip Codes" for real estate.
The Nashville lodging market’s revenue per available room — a metric used to calculate the hospitality industry’s health — is expected to increase 33.2% to $110.96 by the end of this year, according to research from CBRE Inc. That figure would be up from $83.33 a year earlier and greater than the national average of $72.20 seen in this year’s first quarter. The momentum is expected to carry into 2023.
Nashville Airport had a huge May: A new one month record with 1,808,835 passengers, up 30.3% from last year, and up 8.7% from 2019.
Conde Naste's travel website picked Nashville as its featured city the week of June 20th.
Bloomberg had a big feature on Nashville’s tourist transformation thru luxury hotels/amenities. The story got picked-up by several other large new services.
Bridgestone Arena ranks third in the United States for ticket sales and fourth in the world for gross ticket revenue according to the international trade publication Pollstar's 2022 Second Quarter Industry Report. The quarterly report states that Bridgestone Arena grossed $40,967,713.3 in revenue and sold 397,795 tickets.
Nashville ranked #1 on Livability's "Five Fashion-Foward Cities That Aren't New York or L.A." list.

Hope you can join us Saturday morning for fun, lively discussion on all the development news around Music City! : )

BNAfan · June 29, 2022

Sorry to miss this month, have to pick up the kiddo from camp. Hope to see you in August. Cheers!

smeagolsfree · June 30, 2022

Hey guys, just to give you all a heads up. We will not be zooming this Saturday as Bob is sick and cannot join us. Sorry for the last-minute cancelation but things happen, and this can't be avoided.

smeagolsfree · July 3, 2022

We had a decent number at the meet considering it was holiday weekend. There were 9 of us including one new person and Kevin UTGrad that had to leave early. The new person I think his name is Manon. The older you get the worse with names you get, and I am unsure about the spelling.

I just took the picture as I didn't want to break my camera again by putting my ugly face in the shot.

Sorry about the Zoom issues. Bob was sick and Craig got busy and forgot to send the cancelation notice out till after the meeting started. I am passing the buck, so I wanted to throw Craig under the bus.

markhollin · August 1, 2022

Our next in-person Meet-Up this Saturday, Aug. 6th, from 10 AM to noon Central Time at The Copper Branch in the NE corner of the Downtown Library Building (at SW corner of 6th Ave. North and Church St.). Parking is available in the Library Garage at $6.00 per hour--but if you bring your ticket in and have it stamped at the front desk at the Library you get 1.5 hours free. If the weather is good, we will meet on the patio outside; if not, then inside. In either case, Ron (Smeagolsfree) will be arriving early to get tables and chairs set up.

We should have things set up for folks to participate online via Zoom as well. If you would like to join in that way, please send me your name and e-mail address via private message by Friday evening, July 1st, and we will get you the particulars for logging on. We will presume that if you took part any previous virtual meet-ups, that you will be interested again this month...so no need to send your info again (we've kept it from May of 2020 onward and will include you automatically for this upcoming meeting). Everyone on that list will be getting an e-mail this week with log-in info for remote access.

A full agenda of discussion items will be posted on this thread in a few days. : )

markhollin · August 3, 2022

NASHVILLE URBAN PLANET MEET-UP AGENDA, AUG. 6th, 2022

Here's an overview of what can be covered at the Dave Luna Urban Planet Meet-Up IN-PERSON this Saturday, Aug. 6th, from 10 AM to noon at The Copper Branch inside the Downtown Library (on the SW corner of 6th Ave. North and Church St.). The weather forecast appears to be good so we will meet on the patio outside. Should it rain, we can meet inside. Bob (LA_TN) will be with us again to serve as our AV tech to get the proceedings captured for anyone who wishes to attend via Zoom. Please PM me by Friday evening at the latest if you would like to get the link to join us remotely.

INITIAL BUSNIESS:

Meet any new folks in attendance.
Get reports from anyone who traveled to other cities in the past month for quick overviews of what they experienced.
Cranes up: AEG at Nashville Yards (3rd and 4th of 5); Duke II (1)
Cranes down: Albion (2nd of 2); Vandy Tower (2 of 4); OneC1TY Broadstone (1); Modera Germantown (1); Nell (1); Travecca Dorm (1); Saint Thomas Midtown Rehab Unit (1); Meharry College Live & Learn Ctr.
Total cranes currently up in Davidson County: 45; total YTD: 67

Topped out: Neuhoff Plant office tower (14); Meharry College Live & Learn Center (6); The Malvern (6); The Link (5); The Queen (4 & 5); Edgehill Village Townhomes (3); 338 East Trinity Lane (3); 915 New Heights (3)

AGENDA:
1501 Broadway/Beamon Motors site has requested an urban design overlay for the site. A general lay-out of the site is included which indicates as many as 7 towers. In Subdistrict 1 there would be 2 towers that could go potentially as high as 25 stories with LEED considerations, and if office space could be as tall as 400'. In Subdistrict 2 there would be up to 4 towers that could go as high as 30 stories (480' if office) with LEED considerations, and 1 tower as tall as 35 stories (560' if office) with LEED considerations. This is all preliminary. No renderings yet.
Demonbreun Hill, the 12 parcel, 3.4 acre site at the NE corner Demonbreun and 16th Ave. South has sold to Hall Capital for $56 million. It was previously owned by Aurora PCS, which paid $29 million for it in 2016. Hall Capital, out of Oklahoma City, is a partner with Pat Emery on some other projects around town. The company anticipates the surface parking to be poised for development in the near term, while letting the existing retail remain in place along Demonbreun. They will be exploring those near-term development options over the next several months. No renderings yet, but it could have a similar look to what Elmington planned in 2014, which includes several 20 story towers.
Nashville Yards released dozens of new renderings. One shows parcel P8 (SE corner of Commerce and 10th Ave. North—directly west of Downtown Holiday Inn) now as a 30 story structure. Previously had been 14 stories. Another shows Amazon Three/1001 Church with another slanted cutaway angling upward from SW base NW roof corner (further mirroring same effect of Pinnacle Tower).
Amazon pauses construction build-out of Amazon Two Tower (as well as all its ongoing projects in Seattle and Arlington, VA) as they overhaul how workspaces look and function in a Covid world. More employees are working, at least partially, from their homes. This is not effecting Amazon’s commitment to at least 5,000 employees in Nashville—just where they will be spending more of their work hours. No word on if this will alter commitment to Amazon Three Tower in Nashville Yards.
New designs for 909 Division (16 stories, 480 units, 7,300 sq. ft. retail, internal garage) by Hastings Architecture & Manuel Zeitlin Architects co-designing are released, which I actually like better. All brick and glass, and the "accordion" section of the 3 story pedestal along the curve of Division St. is a nice touch. Camden Developers will need approval from the Metro Planning Department’s Downtown Code Design Review Committee, with an August meeting expected.
Vanderbilt Univ. Medical Center is planning a 15 story, 470,000 sq. ft. "Link Building" tower that will include 180 single-occupancy patient rooms, 10 operating rooms, radiology services, specialty clinics, and administrative offices. The 15 stories will be built atop an already existing parking garage between 21st Ave. South and Medical Center Drive. It will increase the hospital's capacity by 25% and will cost at least $500 million. This will be the largest project in the hospital's history. Construction will begin later this month, and take 4.5 years to complete. As part of the construction project, workers will demolish the 61-year-old Oxford House administrative office building to create space for the new tower. Work also includes a three-floor expansion of the Central Parking Garage to add 600 new spaces. The adjacent Medical Center East will also be remodeled on its third floor to add about 44,000 square feet of operating room space. Rendering available.
128 2nd Ave. North (3 stories, 42,520 sq. ft., circa 1900) has been purchased for $28.5 million ($670 per sq. ft.) by a partnership of The Ardent Companies and Jeffrey Welk. It was last purchased only 7 months ago for $21 million after the George Jones Museum/Bar closed down. Ardent and Welk have finalized a lease with an unnamed tenant that will occupy the entire just-bought building (apparently a national chain of some sort), with the specific plans and name of that tenant to be announced at a later date.
The surface lots at 113 & 119 2nd Ave. South cover 1/4 acre have been purchased for $15 million by Jamie Daniel, who developed the Moxy Hotel just to the west. It’s unclear what’s in store for the Second Avenue parking lots. Together, the parcels span just under one-quarter of an acre, garnering a sum of $1,500 per square foot, the second-highest price per square foot ever paid for land in the area. My guess is we are looking at another them restaurant-bar and/or another hotel. Codes will allow up to 6 stories in this location.
The Lord & Liberty boutique hotel concept has been scrapped. A new of conversion of the historic Geddes Engine Company No. 6 Firehall into Saucy Brew Works, a craft beer company out of Cleveland, OH, is now planned. It will include a large courtyard on the north side of the fire hall. Maison Architecture + Design is in charge of the new plans.
A two structure mixed-use development including a performance hall (4 stories, 4,500 capacity theater w/ total of 109,000 sq. ft. of space; and 5 stories w/ 13,500 sq. ft. of ground level retail and 139,500 sq. ft. of office space) is being planned by A.J. Capital Partners for the 2.5 acre site at 426 Chestnut St. in WeHo. Both structures will share a 350 capacity underground garage and an open plaza. The venue will be made of brick and will feature a smokestack to hearken back to the industrial/rail yard element of the neighborhood. The office building will be a more contemporary design. A.J. Capital paid $17.05 million for the tract last January.
Westerly House will be 5 & 6 stories with 246 apartments, 273 space internal garage, and 3,300 sq. ft. of retail on 1.9 acres at 700 Hamilton Ave. Groundbreaking will be in the 4th quarter this year, with a completion set for mid-2024. Rendering available.
Woolworth Theater at 221 Rep. John Lewis Way North (5th Ave. North) has some new renderings. It will open Oct. 1st in the circa 1895, 3 story structure, that was the site of the famous Civil Rights sit-ins in 1960 at the Woolworth lunch counter. The theater set-up will have 280 seats on the main level, and 100 on Mezzanine level. In the basement, the Twisted Wool Cocktail Lounge will have capacity for up to 350 guests.
Inspiritus and the Evangelical Lutheran Church plan to build a 4 story, 80 unit affordable housing project for seniors on their .71 acre site at 1622 Rosa L. Parks Blvd. in Salemtown. A 1930-era 1 story brick sanctuary that has been sitting empty for decades is on the site, and it is unclear if it will be incorporated into the design or not. No renderings yet.
A pedestrian bridge linking Germantown and the waterfront near Oracle Corp.'s planned Nashville tech campus could feature a distinctive design with cables only on one side. Construction could begin in May 2023 and end in June 2025.
East Bank Study has done right-of-way research for north-south spine/boulevard, identifying 40 parcels that would most likely need to be purchased by the city. Map available.
Forstone Capital will develop a four structure mixed-use residential complex ranging from 6 to 12 stories on 3.3 acres at 1218-1236 Dickerson Pike and 5 Ligdon Ave.
Envision Cayce's 5th & Summer (6 stories, 107 affordable housing units, 120 capacity internal garage) has released details and renderings. MDHA is the developer; Gresham Smith is the architect.
ZMX Inc. is planning a 2 & 3 story development with 4 structures featuring 168 apts. and retail space at 905-907 East Trinity Lane and 3013-15 Ambrose Ave. They have spent a combined $4 million on the parcels on which they plan to start construction in early 2023. No renderings available yet.
Five Points Townhomes will be a 3 story, 6 unit structure with internal garage at 0 North 11th St. and Forrest Ave. An LLC related to Hemel Surati bought the .2 acre site for $1.65 million in May, and will be the developer. A rendering is available.
113 17th Ave.North (surface lot and 1 story modernist building on .43 acre at SE corner of 17th Ave. North and Hayes St.) has sold for $6.1 million ($337 per sq. ft.--a new recored for the neighborhood) to an LLC affiliated with Vastland Development Co. This is the company that is supposed to build Avalon Midtown (25 stories), just 1/2 block to the west. The plot in between at 1705 Hayes is scheduled for 24 story structure, but now might be up for sale according to a source. Perhaps Vastland will end up buying that as well and controlling the whole block for something more significant than just Avalon Midtown.
OneC1TY’s 5 City Blvd. has a bit of additional info: 15 stories, 345,000 sq. ft. of office space, 17,900 sq. ft. of retail, 900 capacity internal garage). Also some new renderings.
Vanderbilt University will build 3 new "residential colleges" (dorms) located in the Highland Quadrangle near Memorial Gym and 25th Ave. South that should start sometime next year and be completed by the fall of 2027.
The .46 acre lot at 3718 West End Ave. has been purchased for $2.2 million by Richland Building Partners which plans either 5 free standing homes, or 6 brownstone townhomes to replace the 1 story brick house currently on the site. No renderings yet.
Looks like hotel developer Kal Patel has another site lined-up for 4 story project in MetroCenter on the 2.4 acre site at 131 French Landing Drive (SE corner of Vantage Way and French Landing Dr.).
1003-1009 West Trinity Lane will be a 3 story, 37 townhome project by Arnold Homes An Oct. 2023 finish is planned. No rendering yet.
The former Days Inn motel at 1400 Brick Church Pike has sold for $7.5 million and will be converted into 109 micro apartments by Capstone Apartment Partners.
Novo Antioch will be a five building, 4 story, 186 unit apartment complex at 1411 Rural Hill Rd., just north of the former Hickory Hollow Mall. An opening is planned for Oct. 2023. Rendering available.
The MLB Nashville group is now saying that the TSU site is their primary aim for a covered stadium and complex. They want to have many events year-round there besides just baseball. MLB has informed the group that an expansion fee will be in the $2 billion range. The stadium complex estimates are in the $1.5 billion range. The group is still working on organizing an ownership group, primarily of African American investors, but no names have been revealed yet.

NASHVILLE REMAINS HOT:
Technology/Advice LLC will be expanding with 350 new jobs at their current location at 3343 Perimeter Hill Drive.
Energybox (tech company small and mid-sized businesses to automate operations and reduce energy usage) of NYC will be relocating to Nashville (perhaps Germantown) bringing 250 jobs that average $67 per hour. 25% will be coming from Morristown, NJ.
Quanta Manufacturing (assemblers of racks & servers for cloud computing) is pledging another 546 jobs over 5 years as they expand their operation in La Vergne.
1 Hotel (19 stories, 215 rooms, 3 restaurants, internal garage) will officially opened on July 12th. It employs more than 200 people.
A new 40,000 sq. ft. Kroger delivery network fulfillment center has been announced for the Nashville area that will employ 180 people. No word on the specific location yet.
Highland Ventures/Marco Pizza will relocate their corporate HQ from Chicago to Brentwood with an $8.2 million investment that will create 80 new jobs. The chain has locations in 30 states and Puerto Rico.
Nashville ranked No. 2 among 15 mid-size metros on Inspection Support Network’s list, “U.S. Cities Building the Most Homes.”
The same is backed-up according to a RE/MAX report. Of 53 metro areas surveyed, the Nashville market saw the second-highest jump in newly listed homes from June 2021 to June 2022. Nashville recorded a 22.8-percent increase in newly listed homes, second only to the figure of the Phoenix market.
Nashville’s industrial vacancy rate is at an all-time low. The figure was hovering around 2.8% at the second quarter’s end, according to a market report from CBRE Inc. So far this year, the city’s new industrial builds have already outpaced 2020’s by more than 430,000 square feet. The news comes in spite of rising interest rates and turbulence in capital markets.
Tennessee ranks as #6 in "America's Top States for Business in 2022" by CNBC.
Nashville is ranked #11 on SmartAsset's list of "Best Cities for Women in Tech" in the U.S.
Nashville ranked #1 for number of musicians, best-paid musicians, and intimate concert spaces per capita in 2022 by Clever.
Airport had another all time record for passengers in June with 1,832,000 passengers. Up 18% over last year. 24,000 more than May (previous record).
Nashville selected #15 in Travel + Leisure's "15 Best Cities to Visit in the United States" for 2022.
Vanderbilt Univ. Medical Center ranked #19 in US News & World Report's "Best Hospitals in U.S. Rankings for 2022-23." This is the highest it has ever placed.
Nashville is rated #1 most likely city out of 10 cities most likely to get a Major League Baseball expansion team according to Bookies.com.
Nashville is reported to be the frontrunner to host the 2023 NHL Draft. It was last held here in 2003.

Hope you can join us Saturday morning for fun, lively discussion on all the development news around Music City! : )

Bos2Nash · August 5, 2022

Everyone be aware of the Grand Prix this weekend, so parking may be limited in downtown. There is a lot of free parking on state property (red line) and just a short walk to Copper Branch (blue line). Several of us park over here each month and it is a super easy walk and always plenty of space.

markhollin · August 6, 2022

We had 16 in attendance today for our August Meet-Up including 2 online. Several had to leave early before our group photo to avoid the incoming rain. Thanks, as always, to Smeagolsfree (Ron), predsboy18 (Brian) for arriving early to set-up; to LA_TN (Bob) for all the online tech work; and Bos2Nash (Craig) for advance work.

Our next gathering will be Sat. Sept. 3rd at 10 AM at the Copper Branch in the Downtown Library. : )

downtownresident · August 6, 2022

Sorry I missed today! I always enjoy hopping on Zoom from Dallas!

markhollin · August 29, 2022

There will be a lot to discuss at our next in-person Meet-Up this Saturday, Sept. 3rd, from 10 AM to noon Central Time at The Copper Branch in the NE corner of the Downtown Library Building (at SW corner of 6th Ave. North and Church St.). Five new towers, the East Bank Vision Pla, Madison Station redevelopment, a dozen new mixed-use residential projects around town, 3,000 new jobs from 5 different expansions in the area, and more will be on the agenda.

Parking is available in the Library Garage at $6.00 per hour--but if you bring your ticket in and have it stamped at the front desk at the Library you get 1.5 hours free. If the weather is good, we will meet on the patio outside; if not, then inside. In either case, Ron (Smeagolsfree) will be arriving early to get tables and chairs set up.

We should have things set up for folks to participate online via Zoom as well. If you would like to join remotely, please send me your name and e-mail address via private message by Friday evening, Sept. 2nd, and we will get you the particulars for logging on. We will presume that if you took part any previous virtual meet-ups, that you will be interested again this month...so no need to send your info again (we've kept it from May of 2020 onward and will include you automatically for this upcoming meeting). Everyone on that list will be getting an e-mail this week with log-in info for remote access.

A full agenda of discussion items will be posted on this thread in a few days. : )

markhollin · August 31, 2022

NASHVILLE URBAN PLANET MEET-UP AGENDA, SEPT. 3, 2022

Here's an overview of what can be covered at the Dave Luna Urban Planet Meet-Up IN-PERSON this Saturday, Sept. 3rd, from 10 AM to noon at The Copper Branch inside the Downtown Library (on the SW corner of 6th Ave. North and Church St.). The weather forecast appears to be good so we will meet on the patio outside. Should it rain, we can meet inside. Bob (LA_TN) will be with us again to serve as our AV tech to get the proceedings captured for anyone who wishes to attend via Zoom. Please PM me by Friday evening at the latest if you would like to get the link to join us remotely.

INITIAL BUSINESS:

Meet any new folks in attendance.
Get reports from anyone who traveled to other cities in the past month for quick overviews of what they experienced.
Cranes up: AEG at Nashville Yards (5th of 5); 200 Broadway (1); Ballpark village (1 of 2)
Cranes down: Woodfield; 200 Broadway
Total cranes currently up in Davidson County: 44; total YTD: 69

Topped out: Gibson Residences (21 stories); Modera Gulch (15); Maxwell Apts. (4); Murfreesboro Rd. Storage (3); Novo Antioch (3); Brown & Humphreys Townhomes (3)

AGENDA:
The East Bank Vision Plan was released by the Mayor’s office for the 338 acres across from downtown. It features: 1) A revamped street grid featuring a 3.1-mile central thoroughfare named East Bank Boulevard. It would provide a seamless north-south connection up and down the waterfront and feature the city's first dedicated lanes for buses; 2) 5.6 miles of protected bike lanes on other roads throughout the East Bank, some of an expected 16 miles of new bike lanes either within or stemming from the East Bank's redevelopment; 3) An estimated 10,000 residential units, with Metro pledging to build affordable housing as part of that; 4) several large parks; 5) a transit hub; 6) reconfiguring I-24 exit ramps for better entrance/egress flow; 7) funneling CSX railroad tracks around the south end of downtown and removing section that passes through the heart of the East Bank; 8) Titan’s Village around the stadium (whether new or remodeled) featuring extensive retail and lodging; 9) A possible bridge over the Cumberland River that could link with Lebanon Pike and Murfreesboro Pike; and more. Many renderings and diagrams available.
The 3 acre site formerly home to Country Delite Dairy at 1401 Church St. and facing the I-40/65 inner belt to the east has a plan for a 3 tower mixed-use project (45, 35, and 30 stories plus a 7 story structure). The developer is CCB Nashville Developments, which is affiliated with Bosa Properties, a major developer out of Vancouver. The 30-floor building will front Church Street, with the 35-floor structure to address 15th Avenue, and the 45-floor tower to face Grundy Street. Block renderings available.
4th & Lea will be a 24 story, 260’ residential tower with 525 units, 6 ground level retail spaces totaling 15,638 sq. ft., and an underground garage w/ 276 car capacity on .78 acre at 522-532 4th Ave. South. It is being proposed by Douglas Development. Renderings available.
The tiny .21 acre lot on the SE corner of Charlotte Ave. (Dr. Martin Luther King Jr. Blvd.) and 10th Ave. North is going to be developed into another high rise residential project by Tony Giarratana. He paid $4.92 million for the site. It is zoned for 30 stories, but could probably get exceptions to go higher. Tony says that he is evaluating a tower that would feature a mix of affordable- and market-rate housing. If successful it will serve as a model for addressing Nashville's affordable rental housing deficit. A one story, nondescript brick structure that once housed Otis Elevators is on the site, which is nestled next to the T.S.U. Avon Campus structure.
Apparently Streetlights Residential still has the .7 acre former NES power station site at 210 10th Ave. North under contract, and a closing could materialize within the next 6 months. Rumors are a 30 story, 360 unit residential tower.
A 180 room hotel of unknown brand is being considered for the .8 acre site at 446 James Robertson Blvd. by a mystery developer. Currently Hughes & Coleman Injury Law owns/occupies the 2 story 60s-era modernist structure on the site. The area is zoned for maximum of 80', which could be a 7-8 story structure.
107 4th Ave. North will be the location of a new 6 story stone & brick bar/gift shop/live music venue featuring a roof top deck by TC Restaurant Group. They paid $10.2 million for the tiny surface lot directly north of Dierks Bentley's Whiskey Row in May. Renderings available.
411 Broadway will add a 4th and 5th floor for Garth Brooks’ Friends in Low places theme bar, as well as a downtown police precinct. Renderings available.
Sadly, 114 2nd Ave. South (2 stories, circa 1880, originally home to a feed store) is likely to be demolished. It is currently home to Headquarters Beercade is beyond salvaging at this point according to the Metro Historical Commission, which is recommending approval. “Repairs are not possible in a manner that will retain the historic building,” says an MHC official. This is a prime piece of land in the entertainment district. Will fetch a very high price if sold. Codes allow for 6 stories in that neighborhood.
The 5 story, 1929-era, 300 capacity Noel Block Garage at 300 Church St. (NW corner of intersection with 3rd Ave. North) has sold for $29.5 million to Rockbridge Capital, an Ohio-based hospitality firm with investments in 38 states worth over $10 billion. No word on thier plans at this time. If they would decide to build, the area is zoned for 10 stories.
CSX has been tearing up 5 or 6 sets of tracks in their Gulch rail yard, between Cummins Station and Velocity (Demonbreun Street Viaduct on the NE and 8th Ave. South overpass on the SE). They are leaving 4 sets of tracks for thru traffic. That stretch is about 800 feet long (tapered at both ends) and appears to be about 3.5 acres total, which could fetch a huge sale price.
The George will be the name of Stillwater Capital’s 5 story, 370 unit residential project on 4.2 acres at 185 North 1st St. Construction will begin by year’s end after a warehouse is demolished. Rendering available.
Clarendale West End Senior Living will be 5 & 6 stories tall and feature 172 living units at 3414 Park Drive. Renderings available.
407 Great Circle Rd. in MetroCenter will be the 15 acres site of a 4 story, 300 unit residential complex w/ 7,500 sq. ft. of retail and 7,500 sq. ft. of restaurant space, and 594 parking spaces (400 in 5 level garage) to be developed by Oldacre McDonald.
Fisk University announces a 4 story, 300-bed living and learning facility and a new state of the art 2 story science building to both be completed by fall of 2024. Renderings available.
701 40th Ave. North will be the .8 acre site for a 3 story, 38 unit residential complex serving low-income renters to be developed by Woodbine Community Organization. No renderings yet.
Camden Property Trust is getting ready to launch Camden Nations (5 stories, 393 units, 7,800 sq. ft. of ground level retail, internal garage) after paying $30 million for the approx. 3 acre site at 5010 Tennessee Ave. from LifeStyle Communities. The latter has been planning a similar sized residential complex on the site for several years.
A prime piece of Music Row real estate at 21 Music Square West (17th Ave. South) has sold for $5.2 million. It includes a 2 story office structure that was built in the last few decades. and the surface lot behind it. No word on what plans are for the site.
The Higgins Law Firm will be building a 2 story, 9,000 sq. ft. office on a small triangular empty lot at 1267 2nd Ave. South in WeHo. Rendering available.
Somera Road developers have acquired a couple more properties at 483-487 Humphreys St. totaling .41 acres for $2.8 million to give them a full acre directly west of Martin Flats and directly east of Gabby's Burgers. No word on their plans yet. My guess is it will be a 5 story mixed use development.
A mixed-use residential project of unknown size is being proposed for the triangular 1.3 acre lot at 1308 4th Ave. South.
Madison Station (4 -7 stories, 1,700 residential units--many workforce rate, office, retail, internal garages) appears to finally be moving forward as the reimagining of the 33 acre Madison Square Shopping Center. Work will start in 2023, and roll out in upwards of 8 phases over the next decade. Renderings available.
It appears a residential project will include single family homes and townhomes is planned for the 1.2 acre empty lot at 210 South 10th St. A few years ago a church structure was razed on the site. No renderings yet.
Donelson Station will be a mixed-use development to be built over a 5 year period by H.G. Hill Realty and Southeast Venture on 3.5 acres at 2705 Lebanon Pike, next to the Music City Star commuter train station. It will include residential, retail, a parking garage, bus bays, a covered transit center for the station, and integration with the existing FiftyForward office complex on the site.
Alta City Side will be a 3 story, 368 unit residential project on about 4 acres at 1301 Lebanon Pike to be developed by Wood Partners. Plans are for the development to be fully complete by summer of 2024. Renderings available.
Century Farm news: 1) Nishith Jobalia has paid $3.19 million to Oldacre/McDonald for a slice of the site near Tanger Mall for what appears to be a hotel. He also secured a $2.07 million loan from Capstar Bank at t he same time; 2) Whataburger will build its 2nd Nashville location on a 1.3 acre piece of land at the corner of Century Farms and William Turner Parkways.
Murfreesboro gives approval for Notes Live Amphitheater & Restaurant Development. It includes 1) 4,500-seat amphitheater called, "The Sunset Music Colosseum on the River;” 2) "Boot Barn Hall" for indoor music and meals for 500 patrons for fully seated events or 900 patrons in general admission style configurations; 3) Bourbon Brothers Smokehouse and Tavern with restaurant seating for 300 customers.
Nashville International Airport will continue to expand with a 190,000 sq. ft./5 gate addition of the recently opened Concourse D. Should be open by fall of 2025. Rendering available.

NASHVILLE REMAINS HOT:
Clarksville will see another expansion of Hankook Tire's complex via a 2 million sq. ft., $1.6 billion investment that will bring another 1,200 jobs in the next 5 years. The new structure should be complete by the end of 2024. Thermo Fisher Scientific will have a new $105 million, 400,000 sq. ft. medical container operation near the Nashville Super Speedway at 1200 Darrell Waltrip Dr. that will create 1,400 new jobs.
Tritium DCFC Ltd. will have a new $15.3 million fast-charger for electric car operation at 1420 Toshiba Dr. that will employ 510 people.
Morrison in Warren County will see the expansion of the Bridgestone Americas plant by over 800,000 sq. ft. (up to 2.8 million) with a $550 million investment that will yield another 380 jobs (up to 1,400). Work should be complete by May of 2024.
Murfreesboro will be the home for a new $50 million manufacturing center for Minnesota-based McNeilus Truck, which builds concrete transport trucks and refuse collection vehicles. Within the next 5 years it will employ 230 people.
Prisma, a Phoenix-based printing company, will expand its Nashville operations to a 110,000 sq. ft. and adding 50 more employees to the 50 already in place by 2023.
Of the 5,000 fastest-growing companies in the US, 64 of them are right here in Nashville. These had a median growth of 202%, total revenue of $5.2 billion, added 5,987 jobs, and 38 are repeat honorees. Additionally, eight of these companies are newly founded, according to Inc. 5000.
Clarksville’s 37042 is rated the hottest zip code in the nation for attracting new home buyers by Opendoor’s website.
77% of downtown businesses are locally-based according to 2nd quarter report from Nashville Downtown Partnership. Other numbers from the report: 339 downtown dining options; 130 shopping retailers; 139 nightlife spots; 2.6% retail vacancy rate; Over 15,000 people living downtown w/ occupancy rates at 95% in the residential buildings.
Airport had another record breaking month, 1,855,962 passengers in July.
June was a huge month for Nashville tourism, setting several new records: 1) $65.8 million in visitor spending, up from previous high of $64.9 million in 2019; 2) 83% of visitors were from out of town and stayed an average of 5.1 nights; 3) 875,407 room nights sold in area hospitality developments, up from the previous high of 869,439 in May.
Tennessee tourism numbers outpaced the nation by 24% in year-over-year growth in 2021, resulting in $24 billion generated from domestic travel spending — a record for the state, according to economic impact data released from the U.S. Travel Association and Tourism Economics. The state generated $1.9 billion in taxes from tourism in 2021, $755.41 per Tennessee household, according to a state press release.
Davidson County helped fuel the state's record, generating 30% of tourism spending revenue. The county saw a 64% increase in year-over-year spending, with 2021 visitor spending totaling $7.4 billion. The number is shy of 2019, $7.9 million, a result of international travel still catching up to pre-pandemic levels.
Nashville has been chosen to host the 2023 NHL Draft and NHL Awards at Bridgestone Arena and MCC from June 26-June 29, 2023.
Music City Grand Prix was a huge success.

Hope you can join us for fun, lively discussion regarding all of the development news in Music City this Saturday morning! : )

BNAfan · September 3, 2022

Great to see everyone this morning. One the way home could not resist stopping to capture this Nashville moment, or maybe its a commentary on social media. You be the judge.

markhollin · September 4, 2022

Despite the holiday weekend and threatening weather, we had 12 in attendance at another fun Meet-Up yesterday. A few had to leave or were online, so the pic is incomplete. Our next gathering will be Sat. October 1st.

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The Dave Luna Urban Planet Forum Meet-Up (online, too), Sat. April 6th, 10 AM to noon; Copper Branch patio at Downtown Library at 6th Ave. North and Church St.

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