Yesterday's business news brought yet another sign that developers are showing interest in Charlotte Avenue.
"According to Davidson County property records, North Charlotte Avenue Holdings has purchased a 0.4-acre commercial site at 1100 Charlotte Ave. for $1.3 million. North Charlotte Avenue Holdings is a land fund created by Crosland and equity partner Northwestern Mutual."
Crosland has been slowly scooping up property over the past few years in what has been called the "North Gulch". As of now, there are no details coming from Crosland on what they plan to do with the more than 30 acres of land they now own in the area. However, Senior Vice President of Crosland Tennessee, Burgin Dossett stated that they do not plan to sell the land, but rather develop it in the next five years or so.
Below is a screen shot of the property, which includes the temporary Greyhound Bus Station.
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