The Nashville Business Journal is reporting that the Polar Icehouse Storage property at the corner of 11th and Charlotte Avenues has been sold by noteworthy developer Tony Giarratana. The property makes up approximately 8.73 acres and was purchased by Georgia based Eleven North LLC. The plan is to develop the site into a 302-unit apartment complex, with square footage ranging in size from 710-1280.
One of Eleven North's partners, TriBridge Residential, has developed local apartment complexes such as Wyndchase Apartments in Franklin and Aventura at Providence in Mount Juliet. No details on the plans for Eleven North yet, but the article states that construction should be wrapping up this time next year.
Stay tuned for more info.
UPDATE:
According to a post on the Urban Planet Nashville forum, William Williams will have a detailed story about this development in the City Paper on Monday.
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