Actual Property Notes: Work to begin on Midtown venture | Growth

Atlanta-based Niles Bolton is the architect for Aspire Midtown.

The Al. Neyer Nashville workplace, dwelling to about 50 workers, will oversee the venture in partnership with Houston-based The Dinerstein Corporations.

Vanderbilt College has landed a allow to replace its historic Sony Constructing, which as soon as served as dwelling to the Catholic Diocese of Nashville’s Little Sisters of the Poor Residence for the Aged.

The allow is valued at about $9.6 million, with Nashville’s The Whiting-Turner Contracting Firm to function building supervisor, with every of the Music Row-area constructing’s 5 flooring to see some renovation. The tackle is 1400 18th Ave. S.

The replace come as Vanderbilt seemingly continues to hunt to construct a chancellor’s residence on an adjoining web site. Because the Publish reported in November 2022, college officers had no replace on that effort.

In February 2021, data submitted to the Metro Planning Division famous the college had sought to demolish numerous buildings on the location, which is anchored by the Sony Constructing (additionally seemingly referred to as the seventeenth and Horton Constructing).

Vanderbilt acquired the primary portion of the property to be up to date for $12.1 million in 2014, in keeping with The Tennessean (Metro data record the deal as a quitclaim deed transaction with no greenback quantity). The vendor was Sony Music Leisure.

In-built 1916 and listed on the Nationwide Register of Historic Locations in 1985, the Sony Constructing seemingly is utilized by the VU Knowledge Science Institute and sits inside a phase of the general web site that additionally has a three-story constructing and an underground structured storage, that are to stay if the property is reinvented. The positioning additionally features a four-level above-grade parking storage that was to have been demolished, in keeping with the 2021 doc. That storage stays.

A Vanderbilt spokesperson emailed the Publish the next assertion:

“An inside rework is underway on the seventeenth and Horton Constructing. The rework doesn’t prohibit the college from probably growing on adjoining websites sooner or later.”

A Midtown business constructing that years in the past served as a residence — and one of many final remaining of its sort within the district — has been demolished, with the property not supplied on the market.

Designed in a standard method and skinned in brick and stone, the constructing was constructed in 1910 and sat on a 0.14-acre web site at 1817 Broadway. It was thought of in mid-2019 for a Irish-centric cafe and brewpub to have been referred to as Clarke’s Café.

Ric Clarke, who co-owns The Pink Door Saloon with long-time native businessman and buddy Kelly Jones, owns the land. He paid $1.35 million for the property in March 2018, in keeping with Metro data.

Clarke had listed the property on the market for $2.9 million with Sam Jovanov, a dealer with Parks. Nonetheless, Jovanov mentioned the property is not supplied.

The property sits adjoining to a modernist construction owned by Nashville-based actual property investor, dealer and developer Jim Jacobs. The tackle of that constructing, as soon as dwelling to a Crye-Leike workplace and for which Jacobs paid $1.2 million in 2012, is 1819 Broadway.

To the left of Clarke’s land is a construction accommodating an Embassy Suites resort.

See the previous constructing right here.