Nashville West sells for $73M, looks to add more retail in 2013

From the Nashville Post today....

http://nashvillepost.com/news/2012/6/27/nashville_west_sells_for_73m

Some briefs...

Not a lot to report on lately, but here is a round up on all things Charlotte Avenue over the latter part of this spring...

• OneCity has Earl Swensson Associates working up the designs on the first two buildings while they try to lure two anchor tenants to their highly anticipated healthcare campus at the newly constructed 28th/31st Avenue Connector. Read here.

• They're pushing dirt around and tearing down the old Hansen dealership that served as Greyhound's temporary bus depot over in the North Gulch (11th & Charlotte). Northwestern Mutual owns a large chunk of land in this area and there have been rumors of tenants such as Publix and Target anchoring a major retail project here. Read about the speculation in earlier posts on what could happen here.

• Well, Bobbie's Dairy Dip should be happy...for some reason or another, the Krystal located right next door to the famous burger/ice cream joint has boarded up its windows and closed down. Another decrepit abandoned building to add to Charlotte's luster.

• The Stone Fox, while not directly on Charlotte Avenue, should be a welcome business once it opens it's doors. Read about West Nashville's newest (and only?) live music venue here.

That's all folks!

RUMOR MILL: Abandoned Church's Chicken could house new bakery

There is a rumor floating around that the former Mrs. Winners/Church's Chicken establishment that sits on Charlotte Avenue directly across from Richland Park could become a bakery. No details yet on who is looking to open up shop, but there has been a little buzz about it. Stay tuned for updates.

Stakeholders along Charlotte organizing their efforts towards revitalization

Over the past month or two, residents of Sylvan Park, Sylvan Heights and Historic West Town (the neighborhood formally known as The Nations) have been meeting in an effort to build some momentum for Charlotte Avenue's revitalization. This grassroots effort is still in it's early stages, but has already seen a huge interest among people in the surrounding communities that want to see positive change happen along the Charlotte corridor. The ultimate goal of the committee is to find ways to attract positive/sustainable development up and down the Charlotte corridor. The group is primarily focused on the section between I-440 and White Bridge Road.

A meeting was held earlier this week with several people who own property along Charlotte Avenue in an attempt to discuss the group's vision and also receive feedback. Among the topics discussed were:

• Formulating a vision for the group
• Possible re-branding of the Charlotte corridor (give it a cohesive name, i.e. 12South, 5 Points)
• Seeking grants for visible improvements like streetscape enhancements, crosswalks, etc.
• Consult with Metro Planning on the possibility of doing proposed site plans for specific parcels along Charlotte. (like the corner of 46th & Charlotte)

Another separate meeting was also held this week in an effort to bring together the businesses along Charlotte Avenue and form a Charlotte corridor business association. It was well attended by new business owners as well as old ones. Ellen Gilbert, director of the Global Education Center, along with the Neighborhood Resource Center and the MNPD West Precinct have been united in this effort to strengthen the community of businesses along Charlotte and should be lauded for their efforts thus far.

The business group will soon begin setting priorities for small beautification projects along Charlotte Avenue and will seek to engage community members to volunteer for these efforts. The group also plans to develop a new image by a joint marketing effort.

All in all, this is very good news for Charlotte Avenue. Not only are the residents of the surrounding neighborhoods banding together, but the businesses are as well. Please stay tuned for more updates as more and more progress is made by these two proactive groups in our community.

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5/3 Bank being constructed near White Bridge/Charlotte

Not much to report here. Just a new bank at the busy intersection of White Bridge and Charlotte. At least it's not a TitleMax.

190-unit apartment complex planned near Nashville West

More development on the fringes of Charlotte Avenue. This time, Murfreesboro based developer TDK Construction has plans to build a gated apartment complex on Charlotte Ave, just west of the River Road split, and roughly a mile from the Nashville West shopping center.

The $20M development will be called The Summit and is scheduled to break ground in October of this year. Rent is projected to be in the range of $1/SF.