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Sounds good. I'm looking forward to seeing more about this. |
I love that Elliston 23 will take up such a huge plot of empty space. Not to be a downer though, but looking at this picture it makes me sad that Nashville, up until very recently, had such lax standards for development this close to the center of the city. I mean, aside from that tiny one block stretch, there is really nothing there to promote a healthy urban street. It's really a shame that Elliston 23 will be surrounded on all immediate sides with suburban style crap that doesn't come anywhere close to fronting the street. You have to start somewhere, though, and this is one hell of a start.
http://farm7.static.flickr.com/6185/...785bbc42_b.jpg |
Well, just right of the AT&T service structure is where Elliston Place really gets good and dense then runs into Baptist Medical Center. The other way, left of the site beyond the Hampton Inn & Suites it gets more dense yet again.
You're never going to have the most dense and best developments on all lots, I can say this though, thank god it is another empty, unused lot being filled in with something that isn't a parking lot. |
West End Summit possibly a go this year?
The talk in the development community lately is surrounding the city's largest law firm, Waller Lansden Dortch & Davis, has been courting the possibility of moving. They're currently located in 170,000 sq. ft. of space in the Nashville City Center on Union Street and have come to the decision to either stay put or become the anchor tenant for the West End Summit once their lease expires in 2014. If they decide to move then construction of the WES will begin almost immediately because this will lock in the necessary piece to secure financing for the development. The Intercontinental Hotel will supposedly begin at the same time, but doubtful the Summit Residences will be included for that tower.
There is no timeline for the decision as the firm is currently listening to proposals of either staying or going. Needless to say, the development and office space community will be watching this very closely in the coming months. |
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I think the big glut of vacancy currently in downtown isn't in the high-profile towers but more of the older classes B and C. |
Would Palmer still include a hotel at WES? What about Marriott still throwing their name around for a new tower around 50 floors? Do you think that will be the other "big" hotel to support the convention center?
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The rumored Marriott would go at 8th Ave South and Demonbreun, NW corner of the MCC and is on a lot currently owned by the First Baptist Church of Nashville. They want to sell the lot and are apparently entertaining offers. Besides that, a new Hill Center (locally based Southeast Venture specializing in urban development) is proposed at 21st Ave South and Broadway, focused at mainly at retail. http://docs.google.com/viewer?a=v&q=...nYkPVT1A&pli=1 |
I'm excited about the government building and museum development potential around the mall. I've heard that the new state archives, a new Tennessee state museum, and the National museum of African American music are the most likely to be developed first. Has everyone seen the rendering of the new NMAA? It looks wonderful, although I'm not crazy about the parking lots.
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Also, any news on the Medical Mart? I know that they're slowly getting smaller tenants, but have they secured any larger ones? |
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The Medical Mart is signing small tenants, granted at a slower pace than expected, but it will eventually take shape. |
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Here is a nighttime rendering from Tuck Hinton: http://www.state.tn.us/tsla/images/NewBldgSmall.jpg Here is a pdf rendering of the NMAAM for anyone who hasn't seen it. It's the only one I could find. I just realized that this is the back of the building not fronting the street. http://nashvillepost.com/sites/defau...%20Culture.pdf |
The NMAAM looks really good...can't wait to see more about it in the future.
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Noticed something interesting last night while going to the bars on Church Street, there is fresh construction equipment, a backhoe, bulldozer, large truck, and construction shipping container on site. Those weren't there a few weeks ago, me thinks something is going to be happening at the West End Summit site soon.
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Apparently from the few that are working on the West End Summit site right now they're confirming the rumors, West End Summit is going to get built. Now it would seem to make sense because they're directly employed at the site but until an official announcement is made, I won't put all my eggs in that basket but things appear to be leaning in favor of WES finally after all this time of getting built.
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The WES website remains unchanged, renderings and development partners are still listed as the same. http://westendsummit.com/flash_conte...h_content.html |
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The 300-unit apartment tower that is proposed for the Gulch is apaprently going to be 23 stories, so not too bad. It is on a higher hill than the rest of the Gulch so it will appear even taller than what it is, much like the downtown skyline. Although I have no idea where the Tennessean got a 2012 completion date, that is next to impossible this late in 2011 when they're just doing simple core drilling at the site as of late.
http://www.tennessean.com/article/20...text|FRONTPAGE "Ray Hensler, president of Market Realty Advisors, proposed a 28-story condo tower in the Gulch just as the housing market stumbled. He recently switched the concept to an upscale 23-story, 300-unit apartment project expected for completion in 2012 at 12th Avenue South and Demonbreun. Its price tag will exceed $50 million." |
Sounds like it's a goer in any case.
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I hope its a goer...there's a lot going down in Nashville right now and a whole lot more about to go down. :)
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Waller makes their decision, staying put
Well, I wonder if this puts the rumors to rest of the WES getting built as Waller has decided to stay put at the Nashville City Center. A parking garage will be added to the NCC on property that was originally going to be NCC 2.
http://www.tennessean.com/article/20...xt|FRONTPAGE|s "Waller Lansden Dortch & Davis, LLP, has signed a letter of intent to renew its 159,000-square-foot, nine-floor lease within the Nashville City Center, the downtown business tower at 511 Union St. As part of the new 15-year lease, a multi-level parking garage will be added to the Class A office complex by Parmenter Realty Partners, the Florida real estate company that owns the property. “We decided to renew our lease in the City Center after thoroughly assessing our options, even considering a move to the planned The West End Summit,” said Tishler." |
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I'm thinking that he is gonna try to beat Eakin and some of the other proposed towers in the Gulch out of the ground to persuade buyers. |
Funny, on UP they're were saying that there is activity on the site.
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If I were a betting man, I wouldn't doubt that the new NCC garage could be built to specs to allow for vertical development on top in the future. It would be a very, very smart decision for Parmenter to do as the site is right smack near the epicenter of downtown, which is 4th Ave North & Church St. and is an active area of retail and residential that started nearly across the street with The Cumberland in 1998.
I hope that WES is going to get going, it'd be smart for Palmer to pull the trigger and try to see just how much he can bring in because the site is at a very strategic location, where Broadway splits into West End Avenue. |
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Any other news on the 300 unit 23 story tower in the Gulch. I read the article, but has a website been launched? Any renderings? |
Vanderbilt replacing outdated Kissam Quad
This will be a very nice addition to the main drag of Midtown, West End Avenue. The current Kissam Quad dates back to the 50s-60s and is pretty much an eyesore at the corner of 21st Ave and West End. Ground breaking is scheduled for next May at a price of $115 million and completion in 2014.
http://news.vanderbilt.edu/2011/05/v...college-halls/ http://news.vanderbilt.edu/files/Kis...e1-585x292.jpg |
On another note concerning the Omni Hotel, the first tower crane base has been installed behind the Country Music Hall of Fame, directly beside 4th Ave South. I'm betting another will be installed across the site on the south end against 5th Ave South.
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Small photo update
Just a small photo update/tour I was able to gather Wednesday afternoon. I'm very busy right now and it'll take time to get updates on more projects around the area but I'm working on it.
Encore SoBro Condominiums from Demonbreun http://farm7.static.flickr.com/6175/...5a307b49c0.jpg Pinnacle at Symphony Place at night http://farm7.static.flickr.com/6179/...e2e13099c7.jpg The Southern Steakhouse & Oyster Bar to occupy the Pinnacle's largest retail space fronting 3rd Ave and Demonbreun http://farm7.static.flickr.com/6179/...429a4e6d_z.jpg NE corner of the Music City Center http://farm7.static.flickr.com/6158/...faf31647_z.jpg Horrible pic, but shows glass installation continuing on the north side (main entrance) side of the MCC http://farm7.static.flickr.com/6163/...a1c29ca1e9.jpg Facade cladding along the north side of MCC. http://farm7.static.flickr.com/6157/...b0bb889c_z.jpg Progress continues on the new section of the east bank part of Riverfront Park. This will include several water features, stage, bridge, and other things. The site used to be an old barge building facitility. http://farm7.static.flickr.com/6155/...c053c76b_z.jpg You can see the MCC between The Pinnacle and Encore. You used to be able to see the Gulch skyline from the bridge, no longer now. http://farm7.static.flickr.com/6171/...0fc9120f_z.jpg The skyline from the east bank on the Shelby Pedestrian Bridge http://farm7.static.flickr.com/6167/...a0177596_b.jpg |
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The other MCC hotel is proposed on a surface lot owned by the FBC of Nashville and they're looking to sell it for a decent price. That lot is between 7th and 8th Avenues South and Demonbreun and McGavock, basically the NW corner of the MCC. The lot directly behind the FBC between 7th and 6th is in talks but FBC wants a heavy price because that is their only true parking lot. This site is the rumored 40+ story Marriott or whatever brand. |
^^^Thanks for clearing that up futuresooner...Now, was it FBC that once was looking into building a parking garage, or wanting designated parking in a new garage on their property if sold? I may be imagining this but I wanna say I read it either in an article or on UP. If they do get that and the correct price I see them selling it.
I'm guessing once all this water from the weekend is pumped out and the site dries we will see the foundation being poured for the Omni. |
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Tony G coming back on the scene with this eight story monster called Park 25 in Elliston Place.
http://nashvillepost.com/news/2011/1...tment_building http://nashvillepost.com/sites/defau...cture%2010.png Source: Nashville Post |
Tony G. lives!
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It's about time Tony G. made the news on a positive note again. That'll be some nice infill.
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I can't wait to see more and larger renders for this, looks very sleek and modern and fits the area perfectly. |
It looks to be taking the place of an older brick structure, at least if that rendering is accurate. I like this development a lot, but it is a bit frustrating that he'd choose to demolish a perfectly good building (which is not spectacular by any means, but better than many West End structures) instead of just taking one of the countless empty lots. Oh well.
On another note, it is right next to the Sportsplex, which I spent SOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO much time in as a kid. Lots of good memories of afternoons spent there and across the street in the park. |
The only real valuable thing on the site are the large willow oaks and a magnolia. This place will have excellent park views and ease of access to Vanderbilt and HCA. I wonder if they'll be able to get the overhead power lines underground fronting the street.
While at the Omni site, tower crane #4 is currently going up. |
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And let's not forget that it's more or less right around the corner from this project, Elliston 23: http://nashvillepost.com/sites/defau...cture%2030.png |
Hopefully there will be some good activity at street level with these projects. I know its still early for it, but have there been any rumors at what might go at the street level as far as retail or dining?
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Pretty cool today watching new Fifth Third Bank signage getting hoisted and placed by a helicopter atop the Fifth Third Financial Center at 5th & Church. They used the parking lot where Signature Tower was supposed to be built as the staging area.
I got pics and video of the signange flying and a new tour of downtown and updated pics of the MCC and Omni site. |
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