Nashville News: The Nations’ West Mill Townhome Project Continues

The Tennessean :: Getahn Ward :: February 19, 2015
New Home Construction

A local residential developer has begun construction of West Mill Townhomes, which eventually will be a 98-unit townhome subdivision in The Nations neighborhood in West Nashville.

Craighead Development LLC also this week paid $1.49 million for the final 2.93 acres at 5701 California Ave. for the project. The developer already owned 3.17 acres at 5701 Louisiana Ave.
West Mill Townhomes will be built in phases starting with 18 units to be ready for occupancy in late summer, and then six units at a time. Prices will start from $199,000 for a two-bedroom unit to $239,900 for a three-bedroom unit, said Kristin Hostettler, a Realtor with Craighead and real estate firm HND Realty LLC.
While West Mill Townhomes is Craighead’s first project in The Nations, the company has built homes in nearby Sylvan Park.
“Kentucky (Avenue) looks like a townhome community, so we’re on California doing a townhome community,” Hostettler said. “We like being the affordable guy in the neighborhood.”
Craighead bought the 2.93 acres from an entity whose managing general partner, Mike Manners, is CEO of Nashville Lumber Co. That company occupies a 75,000-square-foot building on part of the property with plans to relocate to Centennial Boulevard.
Bill Hostettler and Carl Neuhoff, principals in Craighead, are also principals/owners of HND Realty. Nearly a year ago, Metro Council approved a rezoning of the 6.06-acre West Mill Townhomes site to permit up to 105 residential dwelling units.

News Source: The Tennessean


 
 
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