S.C. advancement corporation plans two properties on Patterson Avenue
A January groundbreaking is staying eyed for a Midtown apartment constructing — with the undertaking to be the 1st in Tennessee for the regional development company that owns the land.
To attribute two buildings, both of those of six flooring, the as-however-unnamed $82 million project will consist of a collective 292 residential models and be found at 1600 Patterson St.
Isle of Palm, South Carolina-dependent Woodfield Progress in January compensated $11.7 million for the 10-parcel, approximately two-acre Midtown web site. The residence contains no buildings. Margaret Smith Ford, Woodfield vice president, reported no rezoning is necessary for her crew to transfer ahead. Some flats need to be accessible for hire in late 2022, with an around 24-month design timetable envisioned.
Smith Ford said Nashville-based R.C. Mathews will serve as general contractor. Areas Bank is the financial institution and Charlotte-dependent The Housing Studio is the architect. ELV Associates, which has many workplaces, is the equity husband or wife.
The exterior of the properties will be generally brick, cementitious fiber and glass. Units will be studio, a single-bed room and two-bedroom. About 12,000 square ft will be devoted to a number of features, such as a sky lounge with town sights in both equally structures. Other features will include a exercise facility, a swimming pool with a bar, a canopy and a fireplace pit. Parking will be structured.
Woodfield specializes in the growth of internet sites with three- to eight-tale condominium buildings in both equally urban and suburban configurations. The residential buildings are located largely in Mid-Atlantic states. The corporation, which also operates workplaces in Washington D.C., Charlotte, Raleigh and Charleston, a short while ago started out developments in Atlanta and in Florida.
“Woodfield Development has been searching in Nashville for the right option for a couple of a long time,” Smith Ford claimed. “We are quite thrilled about our first challenge listed here. We are bullish on Nashville and our Midtown location, which will be walkable to much of the new employment coming to the metropolis.”