Nashville Bits and Pieces

[nashvylle]

Gulch convenience store and Vanderbilt Marriott getting $1MM upgrade

http://nashvillepost.com/news/2012/1/4/real_estate_notes_the_gulch_gets_its_convenience_store

[smeagolsfree]

Nashville is on top of 15 U.S. destinations “on the rise for 2012,”

This is from the NBJ

http://www.bizjournals.com/nashville/news/2012/01/04/tripadvisor-nashville-the-no-1.html

[smeagolsfree]

Rumours wine bar to close

From the NBJ yesterday

http://www.bizjournals.com/nashville/morning_call/2012/01/rumours-wine-bar-to-close.html

[smeagolsfree]

How about a little fun now.

Trampoline park coming ot Nahsville. This from the NBJ

http://www.bizjournals.com/nashville/blog/2012/01/trampoline-park-coming-to-nashville.html

[nashvylle]

the tennessean article on "35 things to happen in 2012" states that construction is "ready" for 1515 Demonbreun. Not that I trust the Tennessean as a reliable inside source, it does beg the question of if the apartments / hotel / Publix is closer than we thought.

[nashvylle]

http://www.tennessean.com/article/20120110/DAVIDSON/301100056/Hot-neighborhoods-brace-more-building?odyssey=mod{sodEmoji.|}newswell{sodEmoji.|}text{sodEmoji.|}{sodEmoji.|}p

Attached is the article. I doubt the validity, as it says that Ray Hensler's $50 million, 23 story project in the Gulch is expected to be completed this year...

Either way, nice to see the activity going on in our urban core.

We have to do something about mass transit. I wish we would have gone to the streetcar route, but brt will help.

[smeagolsfree]

New restaurant to Charlotte Ave.

http://nashvillepost.com/blogs/postbusiness/2012/1/11/melrose_owner_set_to_bring_restaurantbar_to_west_nashville

[barakat]

Another potential hotel site?

http://www.bizjournals.com/nashville/news/2012/01/11/sobro-site-sells-for-14-million.html

[nvestnbna]

The Charlotte property was Charlie Lavender's, I used to sell him cars, great guy and glad something interesting is going in there. Should be neat.

The 6th Ave site is interesting, I heard yesterday a hotel group had bought it. Sherwin Williams I think had a long term lease there so not sure what it'll take to get them moved. Also curious if they made a deal with someone on any remaining property that Tennessee Electric Motor had between them and KVB.

[Guest]

Great piece on Nashville...

"But it's not just food (and drink!) that's making Nashville the South's City of the Moment. IN my week on the ground, I felt the energy of a city in motion."

http://www.bonappetit.com/magazine/2012/02/nashville-with-dan-auerbach#ixzz1jov5NlJ3

[jice]

McDonald's on Broadway..

http://www.tennessean.com/article/20120118/NEWS01/301180111/McDonald-s-Broadway-reopen-new-look-date-still-question?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE

If this ends up being torn down and rebuilt.. is there any chance at all that they would make it more urbanized? I doubt it.. but we can dream, I guess..

[MTSUBlueraider86]

Bertuca can afford it. Many years ago, his father owned 12 McDonald's locations in Tennessee. He started as a porter right out of Vietnam and worked his way through the McDonald's system. He then sold all 12 of his restaurants and bought a condominium complex down in Florida. I see his son has followed in his footsteps. At any rate, Bertuca is a millionaire many times over selling fast food.

This will be the new urban style you can se on West End near Centennial Park. The question is this: Is the land worth more than the business? Being on the cusp of the Gulch, that property could easily pay more in property taxes with a multi-story building than the restaurant ever could.

This could be a topic of discussion in the future. Fast food locations along Broadway and West End could be forced out due to land values and less people eating the junk they call food. It remains to be seen. My hope is this is not rebuilt, and a better project could locate there.

[jice]

Bertuca can afford it. Many years ago, his father owned 12 McDonald's locations in Tennessee. He started as a porter right out of Vietnam and worked his way through the McDonald's system. He then sold all 12 of his restaurants and bought a condominium complex down in Florida. I see his son has followed in his footsteps. At any rate, Bertuca is a millionaire many times over selling fast food.

This will be the new urban style you can se on West End near Centennial Park. The question is this: Is the land worth more than the business? Being on the cusp of the Gulch, that property could easily pay more in property taxes with a multi-story building than the restaurant ever could.

This could be a topic of discussion in the future. Fast food locations along Broadway and West End could be forced out due to land values and less people eating the junk they call food. It remains to be seen. My hope is this is not rebuilt, and a better project could locate there.

Well I think the article mentions that it will either be rebuilt or repaired, after the fire they had. So either way, it will be the new look. My question is, is there any chance that it would be an urban building.. instead of your typical drive thru suburban fast food place?

[ournashville]

Well I think the article mentions that it will either be rebuilt or repaired, after the fire they had. So either way, it will be the new look. My question is, is there any chance that it would be an urban building.. instead of your typical drive thru suburban fast food place?

The property appears to be within Downtown Code boundary so if more than 50% of the building is taken down then any building that goes up will have to be 'urban'. I imagine the owner will build around the existing structure using the existing footprint and vehicular circulation pattern, sadly. It's unfortunate as that property is so visible and plays such a significant role in shaping one's first impression of downtown. That place always seemed very busy, particularly the drive-thru.

[smeagolsfree]

Great piece on Nashville...

"But it's not just food (and drink!) that's making Nashville the South's City of the Moment. IN my week on the ground, I felt the energy of a city in motion."

http://www.bonappeti...h#ixzz1jov5NlJ3

Great article Todd. I think WW liked as well. Saw your downstairs neighbor (SM) at lunch today too.

[smeagolsfree]

Nashville the world’s 89^th fastest growing metro

http://www.bizjournals.com/nashville/news/2012/01/18/nashville-employment-income-up-in-2011.html

Nashville in top ten industrial sector growth.

http://www.bizjournals.com/nashville/news/2012/01/18/nashvilles-industrial-sector-growth.html

[jice]

The property appears to be within Downtown Code boundary so if more than 50% of the building is taken down then any building that goes up will have to be 'urban'. I imagine the owner will build around the existing structure using the existing footprint and vehicular circulation pattern, sadly. It's unfortunate as that property is so visible and plays such a significant role in shaping one's first impression of downtown. That place always seemed very busy, particularly the drive-thru.

So when they say they might tear it down and rebuild.. you think they mean tear down 50% or less only? That would suck. I hope they re-imagine it as an urban building.

[smeagolsfree]

Greyhound opening date set. From the Post

http://nashvillepost.com/blogs/postbusiness/2012/1/23/greyhound_announces_opening_date_of_new_terminal

Good news from the construction sector

Maybe the housing sector can get the rest of the economy going.

From the NBJ.

http://www.bizjournals.com/nashville/news/2012/01/23/tennessee-construction-contracts.html

[smeagolsfree]

Grand Limos open new facility on N. 1st St.

http://nashvillepost.com/news/2012/2/2/ground_transportation_company_unveils_downtown_green_headquarters

Council gives Entrepreneur ecnter 1 million dollar grant.

http://www.bizjournals.com/nashville/news/2012/02/03/entrepreneur-center-burcham-trolley-barn.html

Mega bus adds routes

http://www.bizjournals.com/nashville/morning_call/2012/02/megabuscom-adds-more-nashville-routes.html

ServiceSource expansion is more than 900 jobs downtown.

http://www.bizjournals.com/nashville/morning_call/2012/02/servicesource-jobs-haslam-dean-tennessee.html

Work on Echo slated to start in Encore

http://nashvillepost.com/blogs/postbusiness/2012/1/31/work_slated_to_begin_on_echo_at_encore

Bar Louie work starts

http://nashvillepost.com/blogs/postbusiness/2012/1/31/work_slated_to_begin_on_velocitys_bar_louie

Nance Place LEED certified award

http://nashvillepost.com/blogs/postbusiness/2012/1/27/nance_place_awarded_platinum_leed_certification

[smeagolsfree]

Downtown to get Johnny Cash Museum on Third Ave.

http://www.bizjournals.com/nashville/morning_call/2012/02/downtown-getting-johnny-cash-museum.html

[smeagolsfree]

Here are some great articles from the Nashville Ledger

Picking up where we left off as far as construction goes, especially commercial construction.

http://www.nashvilleledger.com/editorial/Article.aspx?id=57295

Retail trends towards mixed use

http://www.nashvilleledger.com/editorial/Article.aspx?id=57296

High end rental trends

http://www.nashvilleledger.com/editorial/Article.aspx?id=57298

Free Will Baptist College Marketing property again

http://www.nashvilleledger.com/editorial/Article.aspx?id=57299

[timmay143]

Good articles. I noticed that Berry Farms survived the downturn.

Does anyone know where the Megabus stops for pickup/drop off? I am assuming the MCC bus depot.

Edited February 10, 2012 by timmay143

[smeagolsfree]

I think it may depend on what location you are going to. There are several locations.

Here is a link.

http://us.megabus.com/busStops.aspx

[bwithers1]

East Nashville Development Proposal: Next Phase of Martin's Corner in East Nashville

http://www.nashville.gov/mhc/docs/agendas/mhzc/2012/0215_SR1006-1012FatherlandSt.pdf

Above is a link to the Metro Historic Zoning Commission docket for the next phase of Martin's Corner in East Nashville (10th and Fatherland, just south of Five Points). Earlier phases of Martin's Corner included the rehab of the historic appliance store, the new-construction 37206 mixed use building, and a townhouse development across the street. This proposal is to add a couple of commercial buildings facing Fatherland Street to match the old Kendall's appliance building that now houses Wax Nashville and Far East Nashville asian restaurant. Then it looks like there would be sort of modular buildings behind that would be like the ones on Woodland next to Art & Invention gallery.

This looks pretty cool to me overall.

I know that the modular buildings on Woodland are a hit. And with all of the small businesses popping up in East Nashville, leasing for what little small office/retail environments there are (such as the Paro South Creative Solutions building at 7th/Main) are strong. I would expect this development to lease well also.

Edited February 13, 2012 by bwithers1

[MTSUBlueraider86]

Great! More places for me to visit when I move to the East Side! I am going to steal WW name and I will be the East Side Urbanite!