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^ My bad. I saw Adam Sichko's tweet with a link to the article and glossed over the fact that this is really old news. :lol:

Would increase downtown's retail inventory 50% ? Yikes! Downtown only has 400k sq ft ?
With the loss of Church Street Center, which was a mall where the main library is now located, and the old department stores that are long gone, Nashville's retail downtown is now primarily limited to the smaller, historic storefronts unless you count the retail in the Gulch. This project would change that and provide a wider array of retail options right off the Lower Broadway entertainment district.
 

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Gotcha, sounds like the CBD is vastly underserved at the moment.

And I remember Church Street Center. This will be VASTLY superior.
 

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uhhh, that article is from November of last year...

Thursday night Fifth + Broadway held a kick off event for real estate brokers and leaders at the old convention center (the Fifth + Broadway site). Oliver and Emery were both present...
Thanks for the photos LA. Was the meeting informative or just boilerplate? And did they update on the purchase of the property and demolition timetable? Did I understand the combined capital outlays will be close to $400 million? This thing could be ginormous.
 

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Thanks for the photos LA. Was the meeting informative or just boilerplate? And did they update on the purchase of the property and demolition timetable? Did I understand the combined capital outlays will be close to $400 million? This thing could be ginormous.
Sorry, but I was not at the meeting, so I don't have any further details
 
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By the looks of that sparse crowd, does not seem to be much interest as of yet. I'll still place this as 50/50 of happening. Right now we have a lot of proposals, and that is commonplace in growing cities, and most of them do not come to fruition.

Let's just say it's proper to be skeptically optimistic and don't get your hearts set on this one. Keep in mind the 4 tower project by the Chicago firm was already cancelled.
 

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By the looks of that sparse crowd, does not seem to be much interest as of yet. I'll still place this as 50/50 of happening. Right now we have a lot of proposals, and that is commonplace in growing cities, and most of them do not come to fruition.

Let's just say it's proper to be skeptically optimistic and don't get your hearts set on this one. Keep in mind the 4 tower project by the Chicago firm was already cancelled.
A few posts back you declared this dead. Are you shooting from the gut on this or do you have inside info ?
 

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"skeptically optimistic" is a good description, at this time. That "sparse crowd" was comprised of brokers and selected city officials - not a public ice cream social

Folks ..... P A T I E N C E
 

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Exclusive: Massive hedge fund backs Emery's convention center project

A $28 billion hedge fund based in Boston is pumping equity into the highest-profile and most closely watched proposed development in downtown Nashville.

According to multiple real estate sources, The Baupost Group LLC is backing a proposed $400 million mixed-use development that would rise on the site of the city's original convention center, at the corner of Broadway and Fifth Avenue North.
 

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Be interesting to see what retail arrives. H&M I've read. Would be nice compared to the usual CVS/Subway sort of crap we see with these new developments.
 

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Demo permits applied for

Real estate notes

Fifth + Broadway developers apply for demo permit


Fifth + Broadway construction manager Skanska on Monday applied for permits for the demolition and excavation of the former Nashville Convention Center structure as well as the renovation of the existing conference center.

The permitting applications follow Skanska’s delivery of the first bid packages last week, according to a release.

Fifth + Broadway site demolition work is expected to begin later this year with conference center renovation following soon thereafter.

The long-planned downtown mixed-use development is spearheaded by OliverMcMillan and Spectrum | Emery.
 
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