Nashville Downtown Commercial Opportunity
This 1.71 acre assemblage of contiguous parcels, all owned by a single entity, is located in the Northern District of “The Gulch” and promises to be the nucleus of The Gulch’s “North of Broadway” growth consist with develop within the Metro Planning Commission’s “Downtown Community Plan: 2007”. The property is strategically situated with approximately 295 linear feet of frontage on Church Street, approximate 230 linear feet of frontage on 12th Avenue, and features high visibility from the adjacent I-65/I-40 Interstate boundary to the west. The site features the potential of beautifully panoramic views of Downtown Nashville from mid rise perspectives to the east, wonderful views to the west across I-65/I-40 and towards SoBro (South of Broadway) to the southeast, and views to the south enjoy a unique look towards the nearby “Southern Gulch District” with its vibrant retail and restaurant establishments and beautiful mid-rise condominium developments, including “The I-Con” and “The Terrazzo”.
The property has the promise and potential of being a key site for the development and enhancement of the “Northern Gulch District” and can be the “catalyst site” from which the revitalization that the City Fathers and the Metro Planning Commission have a vision for in the Gulch’s Northern District. Potential land development uses for this site include “Five Star” mid/high-rise hotel developments with high end retail and restaurant potential at street level or the potential of a much needed “Up Scale” Multifamily mid/high-rise community with the same potential of street level retail and restaurant utilization.
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