Nashville to possibly get 60-story, 750 ft residential tower...dubbed: The Paramount. Roughly 600 apartments, condos, townhouse and "ultra-luxury" penthouses.
Tower is slated to break ground in early 2016.
NOTE: this tower has been proposed by Tony Giarratana, a developer who has not had the best of luck seeing tall proposals through. His last proposal for this spot, Signature Tower, was approved and to have been a mixed use, 70-story, 1030-foot skyscraper. Due to the lack of condo presales, he downsized the project to 870 ft. and then it fell off the boards as the Great Recession took a deeper hold on the midwest. We will see how demand has changed in the past 7-8 years for high-rise residential units in Nashville.
Nonetheless, it is an actual proposal on the table that may very well be taller than Austin's Block 24 mystery! And...it's a pretty sleek design.
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AUSTIN (City): 979,882 +1.87% - '20-'23 | AUSTIN MSA (5 counties): 2,473,275 +8.32% - '20-'23
SAN ANTONIO (City): 1,495,295 +4.23% - '20-'23 | SAN ANTONIO MSA (8 counties): 2,703,999 +5.70% - '20-'23
AUS-SAT REGION (MSAs/13 counties): 5,177,274 +6.94% - '20-'23 | *SRC: US Census*
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