A summer months groundbreaking is eyed for what will be the very first blended-use constructing in the residential segment of West End Park.
To be positioned at the northeast corner of the intersection of 31st Avenue North and Extensive Boulevard, the 5-story Odyssey at the Park provide residential and cafe/retail spaces. The tackle is 3100 Extended Blvd.
Richland Creating Partners (by means of Parthenon Investments LLC) will establish the around 3.8-acre web site, which was last home to many smallish condominium properties and sits about a block west of Centennial Park.
The all round growth will also include Mosaic at the Park and Athena at the Park. Of take note, Mosaic will be created at 3108 Very long Blvd. and will require the demolition of Avoca Apartments, a three-story pre-Environment War II-created masonry creating.
Chris Barnhizer, Richland Building Companions co-owner, said the group needed to include the vintage condominium property into the overall undertaking. However, the setting up is in lousy actual physical ailment.
“We made just about every hard work to help you save and reuse the making,” he explained. “But our engineers uncovered that the structural integrity of the building was not salvageable. There is also a terrible mold challenge.”
Mosaic will present 53 condominiums flats, with the building to tackle both equally Extensive and Avoca Road. Athena at the Park will have 51 apartment residences and will be available at the best price details of the 3 structures’ long term units.
Neither renderings nor pricing has been finalized for both Athena or Mosaic.
Far more than 40 % of Odyssey’s long term 75 residences have been presold, Barnhizer stated. Village Genuine Estate is dealing with the marketing and advertising and revenue hard work.
The minimum pricey Odyssey unit start off in the significant-$400,000s and array to the reduced-$600,000s.
Development was to have started out on Odyssey at the Park final summer season, but Barnhizer stated the pandemic pressured a program alter.
The Nashville business office of Avison Younger is overseeing the advertising and leasing of the around 10,500 square feet of retail and restaurant area in the future Odyssey, which will give a swimming pool, a fitness centre and a 130-area parking garage will be positioned behind the creating. Of observe, the retail and cafe areas will primarily front 31st, with a corner restaurant place and patio to also handle Long.
The section of West End Park (at times termed Historic West Close Park) located west of 31st offers two West Close Avenue-fronting business structures with equally office environment and food stuff/beverage areas, although neither characteristics the latter in a sizeable method. As such, Odyssey at the Park will be the district’s to start with mixed-use developing positioned north of West Finish Circle.
Parthenon Investments LLC paid a collective $14.6 million in 2019 for the several parcels, according to Metro records.
Richland Creating Associates will also serve as basic contractor, with Nashville-based mostly Smith Gee Studio to take care of architectural get the job done.