Today...
Strange goin'ons in the race to build the next high rise office building in the downtown area...
Things we know;
1. Developer Tony Giantarra had bought two pieces of land in SoBro and proposed, first, a 41 story mixed use building named Sheet Music...
....then a 36 story version..
2. The Bridgestone Corporation (National HQ located in suburban Nashville) revealed its desire to relocate downtown creating speculation that either the Sheet Music site or the old Convention Center site may be prime candidates for the company.
3. Giantarra recently brought Highwoods of Raleigh on board to apparently partner in his effort to lure Bridgestone to his project (which would be more 'shovel ready' than the Convention Center site).
4. And now, Highwoods has bought the property..per the Tennessean...
In my humble opinion....this is encouraging news. Highwoods apparently has a successful track record in leasing buildings and deep pockets. I am open to the possibility that....
a. Bridgestone is looking at the SoBro site closely, and Highwoods is eager to accomodate....
b. Tony G. now has additional funds to start his 5th and Church, 60 story apartment.
We may have seen the advancement of two new tallests, today.