Southwest Value Partners and Anschutz Entertainment Group (AEG) have achieved a big milestone of their formidable Nashville Yards venture by securing a considerable $211.97 million development mortgage from Financial institution OZK. This financing marks a pivotal step within the transformation of Nashville Yards right into a vibrant mixed-use leisure district.
The development mortgage is devoted to the event of two iconic buildings located at 20 and 30 Platform Method S. The primary of those constructions will function a commanding 4,500-capacity dwell music and occasion venue, complemented by ground-level retail areas. Adjoining to this leisure centerpiece stands a formidable 12-story architectural marvel—a Class A+ tower poised to host a 12-screen experiential cinema. This tower has already attracted esteemed tenants like Ocean Prime and Iconix Health, additional solidifying its significance.
Nashville Yards is able to redefine downtown Nashville by its expansive 2.46 million-square-foot mixed-use leisure hub. Amongst its outstanding options is a 12-story, 456,000-square-foot construction that guarantees a complete expertise, housing a movie show, modern workplace areas, a second-level big-box retailer, and ground-floor retail. Moreover, a 4,000-person, 125,800-square-foot occasion venue is destined to change into a cultural hotspot, including to the venture’s attract.
The residential facet of Nashville Yards Mission
The residential side of Nashville Yards is equally spectacular, boasting two towering constructions rising 34 and 35 tales excessive. These residential towers will collectively supply 696 models, complemented by an array of facilities. Residents could have entry to assembly rooms, various eating choices, handy shops, a state-of-the-art fitness center, and a serene pool. A picturesque pedestrian “paseo” will join these 4 major buildings, making a welcoming outside setting for guests to get pleasure from.
The collaborative workforce of execs behind the Nashville Yards improvement venture contains famend architects Gresham Smith and HOK, skilled civil engineers RaganSmith Associates, gifted panorama architects Hoerr Schaudt, and the esteemed multifamily developer, StreetLights Residential, based mostly in Dallas.
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Building has already commenced, and the 34 and 35-story residential towers are steadily reaching for the sky. These architectural marvels will embody a complete of 673 luxurious models. Providing a variety of facilities to boost the standard of life. Upon completion, these constructions will bear the distinguished addresses of 948 and 952 Commerce St.
Nashville Yards is undoubtedly one of many metropolis’s most transformative endeavors, serving because the gateway to downtown Nashville. Spanning 18 acres, this improvement already boasts towering Amazon constructions, the opulent Grand Hyatt, and the historic Union Station resort. With the forthcoming leisure district, specialists venture that the venture will surpass an astonishing $1 billion in complete funding.
