GOOD NEWS: $23M Gulch Permit, Record Low Mortgage Rates, & New Coffee Shop in the Nations!

This Week in Tennessee News

Gulch Project Progresses with $23M Permit
The Nashville Post :: November 2, 2016
Phoenix-based developer Alliance Residential Co. has landed a permit for its mixed-use building now under construction in The Gulch.
The permit is valued at $23M and will cover construction of the buildingโ€™s shell. Tentatively to be called Broadstone South Gulch, the building is rising at a site with an address of 803 Division St.
The 14-story mid-rise will anchor the…

U.S. Mortgage Rates Reverse Course, Approach Record Lows
The Nashville Business Journal :: October 31, 2016
U.S. mortgage rates seesawed back down this week, nearing record low levels, according to Freddie Mac.
The 30-year fixed mortgage averaged 3.47% for the week ending Oct. 27, down from 3.52% the previous week. A year ago, mortgage rates stood at 3.76%.
Historically low mortgage rates have helped propel U.S. home sales forward, and have driven more people to…

New Coffee Shop Slated for The Nations
The Nashville Post :: November 1, 2016
The owner of Charlotte Pike vintage retail store Cool Stuff Weird Things will soon open a coffee shop in The Nations.
The business is expected to be the first coffee-oriented cafรฉ in the fast-changing West Nashville district.
Businessman Skip McPherson wrote he is hiring baristas for the new coffee shop, called Three Corners Coffee and located at 5307 Centennial Boulevard. The building…

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