Exciting Developments on the Horizon for East Nashville: New Hotel and Mixed-Use Projects Announced

Exciting Changes Coming to East Nashville!

Hey there, Nashville! It looks like there’s quite a bit happening in East Nashville. One of the most talked-about developments is a new hotel planned for the area, right at 408 Woodland St.. The hotel is being proposed by Sun Development & Management Corp., an Indianapolis-based company that is always looking to make its mark.

What’s the Scoop on the New Hotel?

So what’s all the buzz about? Sun Development is gearing up to request final approval for their site plan at the upcoming Metro Planning Commission meeting on December 12. This meeting could be a big step forward for a project that Sun hopes to break ground on soon. The hotel’s location is pretty convenient, situated next to the Eastside Heights Apartments and just across Woodland from Saint Ann’s Episcopal Church.

Now, let’s get into some details! This hotel is planned to have 258 rooms spread across 12 floors. The exciting part is that out of those rooms, 114 will be extended stay, while 144 will be conventional. This means it will be perfect for families and visitors who want to feel right at home during their stay. The team working on the design is the talented Ratio, the architect from Indianapolis. Sun recently purchased the property for about $5 million – not too shabby!

No Brand Yet, but Big Plans!

As of now, Sun has not announced which hotel brand will be moving into this charming new building. Sun Development is also busy wrapping up another project nearby, involving a boutique hotel associated with the Hilton Tapestry brand.

Mixed-Use Developments on the Rise!

But that’s not all! There’s more exciting news from East Nashville. Another pair of local development companies, Holladay Ventures and Evergreen Real Estate, have just acquired a property at 400 S. Fifth St. for $2.14 million to work on their latest mixed-use project. With the demolition of three buildings on site, their goal is to create a vibrant complex known as 4th & Shelby.

This new development is set to include 289 affordable apartments as well as 4,200 square feet of retail space. Remember, the aim is to cater to those earning between 30% and 80% of Nashville’s area median income. And you’ve got to love that! Construction is planned to wrap up by 2026. When it’s all finished, this complex along with another existing 195-unit building will provide a total of 484 below-market housing units.

Industrial Changes in West Nashville

Meanwhile, on the industrial side of things, a property in Charlotte Park has been put up for sale. The property at 121 Duluth Ave. is on the market, though the asking price hasn’t been revealed just yet. Built in 2005, this 1.63-acre piece of land is one of the few remaining industrial-zoned sites in West Nashville, which is seeing a lot of growth these days.

The property is currently occupied by Tennessee Electric Motor Company and has an interesting past attached to it. Just last year, a nearby property sold for about $5.12 million, which was slated for a mixed-use development that appears to be on hold for now. Rinker Holdings LLC is in charge of selling the Duluth Avenue site with the capable team at Charles Hawkins Co. marketing it.

Wrapping Up

So, what does all this new development mean for East Nashville and the city as a whole? More affordable housing, additional hotels for travelers, and bustling mixed-use spaces for local businesses to thrive! It’s a bustling time for Nashville, and it will be fascinating to watch these projects unfold. Stay tuned for more updates, and let’s see how our beloved city continues to evolve!