The Metro Growth and Housing Company Structure Overview Committee on Tuesday approved the ultimate system for a 15-tale combined-use making proposed for a central enterprise district site presently household to a parking garage and a floor parking great deal.
The residential, retail and structured parking garage areas will increase at 215-217 Third Ave. N. and interact with both of those Bankers Alley and Printers Alley. According to a release, the job will offer 300 rental household models and about 12,000 to 15,000 sq. toes of retail room.
The work will involve the demolition of the present garage, which is not of historical design and style benefit. Of note, the foreseeable future framework will provide a four-level part (a catwalk of kinds) over Bankers Alley, with a smaller sized setting up to increase at 215 Third Ave. N. (that whole lot at the moment presents some surface parking).
In October 2021, the MDHA DRC authorised the common concept approach, with the Metro Setting up Fee later Ok-ing a rezoning.
The setting up to sit at 215 3rd Ave. has been created at its modest peak to provide appropriate context to the older structures to the speedy south, according to the developer. The tallest part of the over-all composition (at 217 Third Ave. N.) is made to rise 180 toes. For comparison, the Hotel Indigo composition sitting on an adjacent web site rises almost 200 toes.
An investor group led by Nashville-primarily based Gabe Coltea (a former portion-proprietor of downtown’s UBS Tower) will undertake the challenge via Coltea’s progress and actual estate investment decision business Rubicon Equities. Coltea claimed the task will tackle the need to have for people to live and operate downtown and lead a walkable lifestyle.
Rubicon has enlisted the Nashville office of Austin-based mostly STG Design to deal with architectural function. David Johnston, a principal with the company, is overseeing the exertion.
The house sits inside MDHA’s Capitol Shopping mall Redevelopment District and, as this sort of, DRC acceptance is desired.
In other action, the MDHA DRC deferred voting on an update prepared for the Gulch creating most a short while ago property to custom made jewelry and trend components retailer King Newborn Studio.
An LLC affiliated with Encinitas, California-based APB Capital paid out $7.1 million for the house and for an adjacent setting up at 611 Ninth Ave. (household to The Chef & I) in July 2021 (examine below).
The owner of the home, situated at 615 Ninth Ave. S., has enlisted Nashville-based mostly Pfeffer Torode Architecture to style and design an addition to the façade of the building.
King Baby has due to the fact moved to 12South, while The Chef & I is prepping a transfer to Midtown (go through below).
The assets sits inside of MDHA’s Arts Center Redevelopment District and, as such, DRC approval will be desired.