Work is well underway at the brand new 86,000+ SF Beaman Toyota dealership in South Nashville. Once the construction of the new Beaman Toyota is complete, those operations will relocate from its Midtown & Edge Hill sites in the city core. The relocation of these operations will free up more than 14 acres of prime real estate for redevelopment. The new Beaman Toyota site is located at 343 Harding Place. According to a release, local developer GBT Realty (GBT) purchased the Midtown site for $110 Million with plans to redevelop the property with equity partner Monarch Alternative Capital (Monarch). GBT…
Author: Robert Looper III
Rutledge Hill Mixed Use is a newly proposed development located in the Rutledge Hill Sub District in Downtown Nashville. The 3-tower project is anchored by a central park & plaza above the below grade parking deck. The project is located at 500 2nd Avenue South. The development consists of 2 residential towers at 32 and 39 stories and 1 hotel Tower at 29 stories. According to the submitted plan, Rutledge Hill Mixed use will create a combined 890 residential units and 240 Hotel Rooms. Centrum Realty & Development has been submitted a request to rezone the property from DTC to…
Slide the image to See What’s Now & Next. Rocket Development Partners, a joint venture of Essex Capital and Ascend Property Group, is embarking on Downtown Huntsville’s newest mixed-use development – Front Row. The project will span 3 city blocks along Clinton Avenue West between Monroe Street, Pollard Street, and Pinhook Creek. The first-of-its-kind project converges around the Von Braun Center, Downtown Huntsville’s Events & Venue Complex along Clinton Avenue. Front Row will soon take center stage, marking the forefront of Huntsville’s exciting downtown evolution. Here’s the quick rundown: Development Rundown Front Row What’s Now: Vacant Site What’s Next: Mixed-Use…
Plans are in the works for a new 4-story development on Broadway. The proposed building will replace the existing 2-story building of the now closed Trail West Boots & Apparel. The development is located at 209 Broadway near the Nashville Underground and Acme Feed & Seed. The property closed last December for $20 million, which according to sources was the highest cost per foot at the time. A request for final site plan approval was submitted to allow the 4-story commercial use structure on the 0.14-acre site. The request was submitted by Tuck Hinton on behalf of the Owner. The…
Local developer GBT, along with Monarch Alternative Capital, has submitted a proposed Urban Design Overlay (UDO) for the Beaman site in Midtown Nashville. The proposed Overlay outlines the framework for bonus height, interiors streets, open space, and other building and site characteristics. NashvilleNowNext reached out to the developer for additional context and received the following, “GBT Realty and Monarch Alternative Capital have filed an Urban Design Overlay (UDO) that reflects the generational potential of the former Beaman site. In advancing this UDO, our team will work closely with Metro Planning, council members and area stakeholders to establish an overlay that…
Developer, AJ Capital Partners (AJCP), has plans for a new mixed-use development along the site of the existing railyard on Chestnut Street. The project includes a central pavilion flanked by a music hall, office building, and two levels of underground parking. The project is across the tracks from another AJCP project, Nashville Warehouse Co. The new development is located on 426 Chestnut Street. Slide the image to see What’s Now & Next! Wedgewood-Houston (WEHO) is a unique neighborhood and one that’s experiencing development growth similar to Downtown Nashville. Developers from across the country have taken interests in the area since…