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jice

Artist lofts near Rolling Mill Hill

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New affordable housing focused on artists/musicians are to be built starting next summer...

The Metropolitan Development and Housing Agency is set to begin construction next summer on the $5 million Ryman Lofts, a 60-unit affordable apartment development for artists in Rolling Mill Hill along Hermitage Avenue.

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Phil Ryan, executive director of MDHA, said the lofts will primarily consist of one-bedroom units, with a few three-bedroom units for families. Although Ryan said he was unsure what rents may look like when residents begin to move in during the summer of 2012, he said prices for the one-bedroom units would be near $650 and three-bedroom units would run $750 to $900 if they were renting today.

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The Ryman Lofts are being created with musicians in mind, but other artists would not be precluded, Ryan said.

Nashville-based architectural firm Smith Gee Studio is designing the lofts.

Read more: Artist lofts to be built on downtown Nashville's riverfront {sodEmoji.|} Nashville Business Journal

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