Real Estate News Round Up: November 8, 2013

This Week in Tennessee’s Real Estate News:

$17M Residential Development Planned in Green Hills
The Nashville Business Journal :: Written by Eric Snyder:: November 6, 2013

blueprintNashville-based Landmark Realty Services is planning a $17 million infill residential development in Green Hills, Nashville Post reports.

The 8.75-acre project will feature 28 free-standing single-family homes in a courtyard-style development. The project is bordered by Woodmont Boulevard, Hopkins Street, Graybar Lane and Benham Street.

According to the Post, the project…

Read More: $17M Residential Development Planned in Green Hills

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More 2-Bedroom Units, Penthouses in Gulch Luxury Apartments Fuel Condo Speculation
The Tennessean :: Written byΒ Getahn Ward :: November 6, 2013

Apartment BuildingDevelopers of the new residential high-rise going up at 12th and Laurel in the Gulch have tweaked the design to create more two-bedroom units and add penthouses to the high-end project.

In Nashville real estate circles, those tweaks have added to chatter that the high-rise development originally designed and financed as apartments could be converted into condos. If that happened, it would mark the first large-scale condo project in Nashville in several years.

Developer Ray Hensler, who met last week with some of downtown Nashville’s top condo brokers, said he will make a decision over the next 30 days or so. “It’s going to make for a much better project, regardless of…

Read More: More 2-Bedroom Units, Penthouses in Gulch Luxury Apartments…

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Nashville’s Gulch Neighborhood May be Ripe for Luxury Hotel
The Tennessean :: Written byΒ Getahn Ward :: November 2, 2013

Luxury Hotel

The area south of Broadway near Music City Center emerged in recent years as the hotspot for new hotels downtown, but owners of properties in Nashville’s Gulch say that urban mixed-used neighborhood has drawn interest from luxury brands.

Gulch developer MarketStreet Enterprises owns a site at 11th Avenue South and Pine Street that’s drawing buzz about a potential hotel project. Meanwhile, local real estate investor Mark Bloom said well-known luxury brands such as Four Seasons and Trump have inquired in recent months about the 1.29-acre Griffin Plaza site, which he owns along with other partners.

“The large convention center hotel market is downtown,” said Bloom, who has stakes in the Union Station and Hilton Nashville Downtown hotels…

Read More: Nashville’s Gulch Neighborhood May be Ripe for Luxury Hotel

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