Saturday, November 12, 2011

$30M apartment project planned for NE corner of 28th & Charlotte

More good news for Charlotte Avenue.

Just announced yesterday in the NBJ, Alliance Residential Co. plans to develop a 235 unit, mid-rise apartment complex. Construction will take place at the northeast corner of 28th and Charlotte Avenues (see photo above) which is across the street from Abbott Storage.

In addition to the Alliance development, HCA recently purchased the 9.2 acre vacant lot across Charlotte Avenue for $10.2M (which is adjacent to their campus). The property belonged to LUI Nashville which is part of Houston based Lionstone Group. HCA says it currently has no plans for the property.

Along with the announcement of the ONEc1ty project, and now a residential development, it only makes sense for an increasing amount of retail development to emerge along Charlotte.

The name of the complex will The Broadstone at Centennial. The full story on is readable for those with a subscription.

We'll be sure to post a rendering as soon as we get one. In the meantime, here are some photos of some apartment complexes managed by Alliance Residential.

Unfortunately, it has been announced that this project has been scrapped.

Wednesday, November 9, 2011

Progress moving along on Eleven North apartments

The apartment complex being built by Tri-Bridge Residential at 11th Avenue and Charlotte has been showing steady progress with more visual details on their website going live. Leasing is scheduled to begin next spring.

Health Care REIT unveils first renderings of mixed-use development

The 28th/31st Avenue Connector project officially broke ground less than six months ago, and we are already seeing the impact this project will have on the area. We learned about the Healthcare REIT project earlier this spring, but are just now seeing the details of what will be a massive mixed-use project focused on healthcare.

The project is called oneC1ty - an appropriate name since the development will be along the connector which will "bridge" two very different socio-economic areas of Nashville. There is a website that has gone live with a few renderings and testimonials, but not much else. The description below is from their Facebook page:

"oneC1TY will be a multi-building, mixed-use development that will cater to the healthcare, life sciences and technology sectors of the global economy – all of which are growing dramatically. It will create a space for those industries to connect with higher education, research and development, and other related disciplines in a collaborative, interactive campus near the center of Nashville’s urban core."

Again, no details as of yet on when this project will break ground and what businesses will be involved. Nonetheless, this is an encouraging sign of things to come for Charlotte Avenue.