Notes: Permits issued to the entertainment segment of Nashville Yards Development

Work continues in the Nashville Yards Leisure District component, with two permits totaling about $ 58.6 million in building foundations.

The entertainment district is a joint venture between Southwest Value Partners (SWVP), the San Diego-based owner and developer of the 18-acre Nashville Yards, and the Los Angeles-based AEG (Anschutz Entertainment Group).

A place from which a tower will rise next to the Pinnacle house


SWVP / AEG component of Nashville Yards

The permit states that the AEG / SWVP component of the entire Nashville Yards site will include a mixed-use office building, an event venue, two residential towers, a “future building volume” and a class / podium parking / podium structure.

The entertainment district will include a live music venue with a capacity of 4,000 people; eight-screen cinema; offers for food, drinks and shopping; and open spaces and squares.

Nashville-based Gresham Smith is the architect.

Related and as Post As previously reported, SWVP acquired the stake in AEG, originally held by MGM Resorts International. AEG Presents, AEG’s live entertainment division, will manage the concert venue through a long-term lease with the joint venture.

A tower crane was recently erected in the western half of the total area of ​​Nashville Yards to complement the tower crane used to build the future Pinnacle Financial Partners accommodation building.

Arcade entrances, ready for updates

The iconic retail building in the center of The Arcade is ready to see the updated entrances to Fourth Avenue and Fifth Avenue.

A $ 1.5 million permit was issued to allow the work, with Nashville-based RC Mathews Contractor overseeing the work. Nashville-based architectural firm Dryden is working on the design effort.

Arcade art

The arcade

In December, the Agency for Development and Housing’s project review committee approved plans to renovate the building.

Local veteran real estate veteran Rob Lowe and New York-based Linfield Capital paid $ 28 million for the building in April 2021.

Arcade opened in 1902 and offers an address 65 Arcade Alley. Covering Fourth and Fifth Avenues to the north, it was Nashville’s first “mall” as it replaced what was called Overton Alley as the epicenter of the city’s retail.

Following the model of an Italian arcade, the structure offers entrances consisting of identical palladian facades, according to the National Register. Its tenants include Manny’s House of Pizza, Monty’s Barber Shop, Phillyman Cheesesteak, US Post and many second-tier boutique art galleries.

Planning Commission OKs Gulch, Midtown Tower projects

The Metro Planning Commission approved both a change in height to allow the construction of the second tower in Paseo South Gulch and a redevelopment plan and site to allow a mixed-use building in Midtown.

Tower Paseo South Gulch art

Paseo South Gulch Tower

The Paseo South Gulch tower will be built on 20 floors (expected to offer more than 300 residential units) and will join the Prima in Paseo South Gulch, as this building is currently under construction and will offer 278 residential units, 18,000 square feet Class A office space and 8,000 square feet retail.

The 16-story Prima will cost about $ 128 million.

The towers (read here) will join The Bill Voorhees Company Building and the industrial structure, which is the last home of the ancient Downtown Nashville mall, the latter now (or planned for) renting Maiz DLV, Two Hands and GoodVets.

Prima will be closed by Voorhees and the buildings of antique malls, while the future 20-storey building will be located behind Voorhees.

The mixed-use tower, which overlooks Midtown, will stand on 20 floors in the site that is home to a branch of the US Bank and next to SkyHouse Nashville.

According to a document presented to Metro, the high-rise building will include 396 apartments and 5,900 square meters of retail space, with a structured car park located mostly above the class. The adress is 1711 Broadway.

1711 Broadway art

1711 Broadway

The Chicago-based LG Development Group will take over the project and will have to acquire the 1.28-acre site from a US Bank-affiliated company that paid $ 350,000 for the property in 2003, Metro records show.

LG has hired the Chicago office of Philadelphia-based Norr Design Inc. for architectural work and the local office of Raleigh-based Kimley-Horn & Associates for land planning and engineering activities.

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