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Nashville, Tennessee
Business Reporter — Tennessean

Growth and development business news reporter at The (Nashville) Tennessean, adjunct professor of mass communications at Tennessee State University

Trinity Lane apartment site fetches $1.35M

tennessean.com — A Louisville, Ky.-based developer has completed buying 13.69 acres off West Trinity Lane at Interstate 65 where it plans a 240-unit apartment community. LDG Development paid Austin, Texas-based seller American Affordable Homes LP $1.35 million for the property, which it had under contract for more than two years.

Restaurant among options for SoBro property

tennessean.com — A local investment partnership that includes restaurateur Miranda W. Pontes has paid $2.6 million for six-tenths of an acre south of Broadway across from Cannery Row. Jim Foley, a broker with CBRE in Nashville who represented the partnership, which also includes Doug Martin and Justin Prince, said early planning is underway for a restaurant concept to occupy the building at 514 Eighth Ave.

Redevelopment project seen as big boost for downtown’s core

tennessean.com — The $400 million redevelopment of Nashville Convention Center will include 205,000 square feet of retail space city leaders and developers behind the project believe would provide a major boost for downtown.

Old convention center deal: Millions for Metro, 781-space garage

tennessean.com — The redevelopment agreement for the Nashville Convention Center calls for developer OliverMcMillan Spectrum Emery Inc. to pay the city $5 million in cash at closing of the land sale with additional annual payments later. Metro's Convention Center Authority also agreed - pending a final vote by its board members - to fund construction of a 781-space, two-level underground public parking garage.

Calif. investor buys Tesla Motors’ Brentwood site

tennessean.com — An individual investor from Malibu, Calif. has paid $4.5 million for the building at 1641 Westgate Circle in Brentwood that's home to a Tesla Motors retail showroom. Tesla will remain sole tenant of the 12,740 square foot building, which sits on 2.02 acres.

45-acre Cool Springs site under contract to Crescent Communities

tennessean.com — Crescent Communities LLC has a contract to buy Denver-based real estate investment manager Amstar's 45-acre tract in Cool Springs. The deal marks the second time in recent months that site known as Northside at McEwen has been under contract. A previous contract to sell the land to Cincinnati-based North American Properties expired.

Metro, developer Pat Emery’s team reach deal for old convention hall site

tennessean.com — A deal that sets forth terms under which a team led by developer Pat Emery would acquire and redevelop downtown's Nashville Convention Center footprint is set to be announced Friday. "I anticipate there would be some announcement with respect to an agreement in principle with the city," said Marty Dickens, chairman of the Convention Center Authority of Metro Nashville.

Mixed-use project eyed for LifeWay’s 15-acre campus

tennessean.com — A mixed-use development that could include office, retail, residential, entertainment and hotel uses is part of a master plan being finalized for LifeWay Christian Resources' 15-acre downtown Nashville campus. Thom S. Rainer, chief executive of publishing arm of the Southern Baptist Convention, said that much in announcing a contract to sell the property to Uptown Nashville LLC.

David Weekley Homes buys lots for Green Hills project

tennessean.com — David Weekley Homes has bought five lots on Glen Echo Road in Green Hills with plans to build homes in the high-$600,000s to mid-$700,000s price range. The nation's largest private homebuilder paid $1.23 million for the lots. Houston-based David Weekley also has lots under contract elsewhere in Green Hills and in Hendersonville, where it is preparing to build at the Durham Farms subdivision.

LifeWay campus’ California suitor revealed

tennessean.com — LifeWay Christian Resources is days from entering a contract to sell its nearly 15-acre downtown Nashville campus. A partnership of local and national investors that includes Fred Wehba Jr. of Los Angeles is the suitor. Real estate trade publication Commercial Real Estate Direct reported recently that Wehba had launched Interest Investment Co.
More Articles →
Mar 28, 2015

Trinity Lane apartment site fetches $1.35M tnne.ws/1Ci6nBw via @tennessean

Mar 27, 2015

SoBro mixed-use project with 250 apartments planned tnne.ws/1bBM35E via @tennessean

Mar 27, 2015

Restaurant among options for SoBro property tnne.ws/1ChIV7A via @tennessean

Mar 27, 2015

Redevelopment project seen as big boost for downtown’s core tnne.ws/1Ch6vRY via @tennessean

Mar 26, 2015

Old convention center deal: Millions for Metro, 781-space garage tnne.ws/1CfuG31 via @tennessean

Mar 25, 2015

Calif. investor buys Tesla Motors’ Brentwood site tnne.ws/1C9mMrT via @tennessean

Mar 24, 2015

45-acre Cool Springs site under contract tnne.ws/1C9gKaJ via @tennessean

Mar 24, 2015

Metro, developer Pat Emery’s team reach deal for old convention hall site tnne.ws/1broIDo via @tennessean

Mar 24, 2015

Mixed-use project eyed for LifeWay’s 15-acre campus tnne.ws/1C8g4lW via @tennessean

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