NASHVILLE | Development Showcase

[MidTenn1]

Just for fun, I added the Lennar proposal plus showed a highly speculative 'Mystery Project' on a lot that was acquired within the last year without any details or proposals being revealed. The building shown is strictly of my own imagination.



To summarize what you see in the picture..(note that there are strict height restrictions in this area limiting construction to 18 floors or less).

The Element at Music Row is an 18 story, 190' tall apartment building under construction. The second floor is underway.
The Virgin Hotel is a Richard Branson development and while no renderings and few details have been released, the project promises to be very exciting.
The Sky House was just revealed as a project and is looking for a waiver on the height restrictions in order to build a 25 story building.
The Lennar Project is also seeking a height waiver to build up to 17 floors. There is some organized opposition.
The Buckingham in the distance is in pre-construction (fences up, utility and street work underway) and will be a two-block long, 13 story apartment with a 17 story hotel.
The 6 story Cadence has been scheduled to start construction soon.
The Mystery Building is shown on a recently acquired lot where no details have been released. It is just strictly wishful thinking on my part.

[arkitekte]

^Thanks for posting that, MidTenn.

[MIRYDI]

Awesome job as always MidTenn1!...

Midtown is blowing up! It's very exciting to see this much activity happening here, and I don't see it slowing down anytime soon.

As for Skyhouse, I said it over on UP that I don't really care how many replica's there are of the building, and I happen to like the design. I think Midtown is the perfect place for it and I'll gladly take it... No complaints from me if it's announced.

[arkitekte]

Originally Posted by MIRYDI

As for Skyhouse, I said it over on UP that I don't really care how many replica's there are of the building, and I happen to like the design. I think Midtown is the perfect place for it and I'll gladly take it... No complaints from me if it's announced.

I agree. It's nothing too different than what was done back pre recession with Encore and to an extent Viridian. All of their towers look very similar. In any case, I hope this happens and we get another tower in Midtown.

[PillowTalk4]

I didn't know mid-town had a height restriction or is it just that specific site/area of mid-town? 25 stories for an apartment building really isn't that tall. While I'm kind of tired of the lack of originality in architecture these days throughout the country, I don't mind the Skyhouse design being built in that location. If it were on West End, I'd be disappointed. Whether it is downtown or mid-town, Nashville needs more originality in its development. The city is still lacking truly iconic building. Maybe it's time to bring international designers (specifically Asian architects) to Nashville to bring something outside of the box to the city. So, long Nashville continues to turn to developers from the same areas over and over again, the more we will see duplicated and uninspired architecture. I truly hoping that the design of the MCC would inspire developers to continue to bring new and bold designs to Nashville.

[MidTenn1]

Originally Posted by PillowTalk4

I didn't know mid-town had a height restriction or is it just that specific site/area of mid-town? 25 stories for an apartment building really isn't that tall. While I'm kind of tired of the lack of originality in architecture these days throughout the country, I don't mind the Skyhouse design being built in that location. If it were on West End, I'd be disappointed. Whether it is downtown or mid-town, Nashville needs more originality in its development. The city is still lacking truly iconic building. Maybe it's time to bring international designers (specifically Asian architects) to Nashville to bring something outside of the box to the city. So, long Nashville continues to turn to developers from the same areas over and over again, the more we will see duplicated and uninspired architecture. I truly hoping that the design of the MCC would inspire developers to continue to bring new and bold designs to Nashville.

I'm waiting to see what Richard Branson proposes for the Virgin Hotel.





More on YouTube..

https://www.youtube.com/watch?v=rlWvjY9ZmTQ#t=127

[MidTenn1]

Skyhouse - 25 stories @ 284 ft!

Based on other Skyhouses (Austin's 23 stories at 264' & Dallas' 24 stories at 274 ft), we can reasonably compute the Nashville Skyhouse to be 284 ft (10 ft/floor + 34').

It would be a new tallest for Midtown over Palmer Plaza at 18 stories and 269 ft. In addition to rising 80' higher than any structure in the immediate area, Skyhouse will be on a prominent hill also giving it even more impact on the mid-town skyline....




....if the height variance is granted.

[Rail>Auto]

Apparently all of my favorite Mexican restaurants in Nashville have closed since I left. Is the San Antonio Taco Company & Fiesta Mexicana on 4th BOTH closed?

[MidTenn1]

Originally Posted by AtlantaMustang

Now we get to guess which side the massive parking deck will face! I would assume division street, not Broadway. Luckily on the Atlanta ones there has been retail in most of the decks.

I would guess the main entrance will be on Division Street. It would face the roundabout, Music Row and look straight down Demonbruen to the Gulch. Broadway is very boring and uninviting. And access to the garage might be a little less complicated on Broadway.

[ariesjow]

Here's the Tennessean article on SkyHouse Nashville with a rendering:

http://www.tennessean.com/story/mone...dway/13645587/

[BnaBreaker]

Wow...that has to be, what, at least thirty buildings proposed or under construction of at least twelve or more stories?

[MidTenn1]

Originally Posted by ariesjow

Here's the Tennessean article on SkyHouse Nashville with a rendering:

http://www.tennessean.com/story/mone...dway/13645587/

I was wrong! The garage entrance will not be on Broadway, but possibly on Division Street.

[MidTenn1]

As long as I'm still up....

A boutique Hotel is proposed on four properties that line up in Nashville's historic printers alley.

From the 'Tennessean'...

The developer: “We intend to build new structures over existing buildings while restoring the Embers Building and the Utopia Hotel building, returning it to its former glory as a boutique hotel which will front on Fourth Avenue. On the Printers Alley side, we intend to embrace and maintain the character, history and cultural identity that have created so many memories over the years. We believe people will be excited to see the details as they emerge."




Two buildings will come down and the other two (presumably the two on the right) will be preserved and rehabbed.

There is a move to preserve the historical character and atmosphere of the alley.







Is there another City in America that would work to preserve a 'Hootchie Kootchie Girl' district? Other than maybe New Orleans?

[MIRYDI]

Originally Posted by MidTenn1

I'm waiting to see what Richard Branson proposes for the Virgin Hotel.

Damn!...those are some pretty weird designs. I'm all for some different types of architecture in Nashville, but those buildings seem a little out there. I don't necessarily think we would get something that radical for the Virgin hotel here, but I doubt it will be cookie cutter or boring either. I'm really looking forward to seeing what they come up with, however, I'm a little nervous at the same time...

[MIRYDI]

Looks like a groundbreaking for the Buckingham project is looming.

Buckingham lands demo permits for Midtown project
https://www.nashvillepost.com/blogs/...idtown_project

Indiana-based Buckingham Cos. has secured six permits for its Midtown-based mixed-used project for which groundbreaking looms. The development, to feature retail and residential space and a hotel, will be located at the point at which 21st Avenue, Broadway and Division Street converge.

Crain Construction will serve as general contractor for the project, with the six permits valued collectively at $110,400.

The start of the project has been delayed by more than a year. Relatedly, Buckingham Cos. recently unveiled a rendering (see below) that shows the building with a much different form compared to the previous iteration.

[PillowTalk4]

Originally Posted by MIRYDI

Damn!...those are some pretty weird designs. I'm all for some different types of architecture in Nashville, but those buildings seem a little out there. I don't necessarily think we would get something that radical for the Virgin hotel here, but I doubt it will be cookie cutter or boring either. I'm really looking forward to seeing what they come up with, however, I'm a little nervous at the same time...

I guess the designs are no more weird than the guitar shaped building someone proposed for Nashville. An idea I actually thought was kind of cool if done right and not so literal. I am curious to see what Virgin will bring to the Nashville market in terms of architecture. I'm not opposed to something radically different than what is currently being built and proposed by other developers. Midtown, like SoBro should be trendy not the status quo. Especially the area between the interstate and 21st Ave. It would be great to see the area from Charlotte Pike to Demonbreun take on its own flare in architecture.

[PillowTalk4]

Originally Posted by MidTenn1

Is there another City in America that would work to preserve a 'Hootchie Kootchie Girl' district?[/B][/SIZE] Other than maybe New Orleans?

Keep in mind lower Broadway as it used to be called before it was dubbed "The District," or whatever it is called today, used to be full of porn shops and a couple of strip joints. Some people thought it was worth revitalizing and look at it today. Printer's Alley is not even close to the French Quarter's in New Orleans. But it has had a history of seediness. However, it was also known as Nashville's jazz spot. I remember in the 90's someone tried to revive that theme and opened a jazz club in the alley. It was actually a cool spot. But, Nashville and its tendency to be single minded at times, didn't afford the concept the type of support it needed, so it closed.

I don't know what is there now, but Printer's Alley is a unique location and should be revived as another spot for entertainment.

I also think a developer should repurpose the Arcade as well. Both Printer's Alley and the Arcade offers something unique to Nashville that should be preserved and revived to fit into the entertainment and hospitality growth in Nashville. Spread the venues out to generate more exposure throughout downtown and other areas.

[MidTenn1]

The latest Nashville Development news; from the Tennessean;



The 16 story building remark is just a snarky remark on my part. There is no information about the ultimate height and I doubt even the developer knows yet.

[MIRYDI]

The Pinnacle tower completely leased out.

Nashville's most expensive office building fills up
http://www.bizjournals.com/nashville...-fills-up.html

If you wanted to move your business into Nashville's most expensive office tower, you're too late.
Nearly every square foot in the 29-story Pinnacle at Symphony Place is spoken for today. Hitting that landmark illustrates the continuing surge in Nashville's economy, population and national popularity — particularly downtown, as more people want to live close to their work and as Metro leaders compete to woo more corporations to the urban core.

It costs $34 per square foot to rent Pinnacle's top-grade Class A office space. Pinnacle pioneered rents in the $30s, but it won't be lonely at the top much longer. Two office buildings are under construction in the Gulch, and their rent rates are expected to rival or surpass Pinnacle's.

"At some point, Atlanta was a second-tier market. They graduated. Nashville is in that transition phase. I don't see this office market slowing down anytime soon," said Jimmy Miller, a director of leasing for Highwoods Properties.

Highwoods, based in North Carolina, paid $153 million in September 2013 to buy the Pinnacle tower. Pinnacle contains 520,000 square feet, making it Nashville's third-largest office building, behind the AT&T ("Batman Building") and UBS towers. Miller is in charge of leasing the Pinnacle building.

Roughly 2,000 people work in the tower, which opened at the end of 2009, during the worst of the recession. The list of anchor tenants starts with the law firm Bass Berry & Sims, whose lease for 200,000 square feet spurred the tower's creation. Pinnacle Financial Partners is the second-largest tenant, followed by the law firm Butler Snow, according to Miller.

Pinnacle was 85 percent occupied when Highwoods bought it. Today it is at 98 percent, including a lease for 10,750 square feet that is out for signature, Miller said. That tenant, which Miller declined to identify, is relocating from Cool Springs, about 15 miles south of downtown.
That leaves a total of 10,000 square feet left in Pinnacle, split into four pieces. Existing tenants have reserved two of those, and Miller is working on a lease for the third space, of less than 2,000 square feet.
They're all willing to pay Nashville's peak rent rates. Those rates have risen 6 percent since Highwoods took over. The interest from potential tenants has not waned, Miller said.

Sources: Hundreds of state workers moving to UBS Tower
http://www.bizjournals.com/nashville...ng-to-ubs.html

Mattress maker also working on major lease in UBS Tower
http://www.bizjournals.com/nashville...se-in-ubs.html

Atlanta-based mattress manufacturer Serta Simmons Bedding is negotiating a 45,000-square-foot lease in downtown Nashville’s UBS Tower office building.
The space would be for a shared services center and employ about 100 people, The Tennessean reports. The news comes as Tennessee state government is looking to move hundreds of employees into the same building, formerly known as Regions Center.
If all the deals go through, the tower will be 75 percent leased.

The state of Tennessee will move workers out of its Cordell Hull building downtown into the UBS Tower, according to multiple real estate sources.

The moves involve the offices of the state attorney general and Department of Children's Services. Combined, the agencies have 430 employees in Cordell Hull today. They are seeking to lease a combined 107,000 square feet of offices in UBS Tower, formerly known as Regions Center.

According to public bid documents online, the state plans a formal announcement Tuesday of an "intent to award" the leases. Pending necessary state approval, the leases would be signed in the fall and the move-in would occur in spring 2015.

The new leases would be a coup for Gabriel Coltea. His company, Rubicon Equities, purchased the UBS tower one year ago this month for $14.5 million.
The state had asked landlords to propose terms of a long-term lease lasting either 10 years or 15 years. Landlords could also present both options.

There are not many office buildings downtown with sufficient free space to meet the state's needs. The Bank of America Plaza is another option, and its owners also bid on the leases, according to reports.

The Tennessean reports that Atlanta-based mattress manufacturer Serta Simmons Bedding is also negotiating a 45,000-square-foot lease in UBS Tower.
The 40-year-old UBS Tower is the second-largest office building in Nashville. The tower contains 600,000 square feet of office space, ranking behind only the AT&T Building (aka the "Batman Building").

A difference between the two is that the AT&T tower is top-grade Class A office space, while the UBS tower — which is in the midst of major renovations— offers Class B space.
UBS Tower stands 28 stories tall, and is located at 315 Deaderick St.

Time for more office towers perhaps?







Nashville jumps four spots in annual ranking of top meeting destinations, now in top 10
http://www.bizjournals.com/nashville...anking-of.html

Nashville is one of the top 10 meeting destinations in the United States, as centrally located cities are becoming increasingly popular among event planners.
Nashville jumped four spots from last year to No. 10 on the list compiled by Virginia-based Cvent Inc., a cloud-based enterprise event management platform. Chicago was the top meeting destination in the ranking, followed in order by Orlando and Las Vegas.

Cvent tracked activity in its supplier network from July 2013 through June 2014 to compile the ranking. Factors considered included total room nights, awarded requests for proposal and qualified meeting venues.

[MidTenn1]

Some renders of the UBS building rehab from it's on-line brochure;