Whiskey Tango Foxtrot
First look: Developer pursues 40-story skyscraper in SoBro
Heights and floor counts as details emerge...A group of developers released plans Wednesday for what would become one of downtown Nashville's four largest skyscrapers, a 40-story tower that would contain a five-star hotel and condos.
In addition, the project also would involve a second, slightly shorter tower with apartments, plus retail and restaurant space — all consuming the entire city block in SoBro adjacent to the pedestrian bridge that spans the Cumberland River, at 151 First Ave. S. What's there today is one of downtown's earliest apartment buildings, the three-story Market Street Apartments, and paved parking lots.
The mega-development, the origins of which we first reported last fall, would inject another skyline-defining project into Nashville amid an epic fury of construction and sizzling real estate market ignited by the city's budding national profile, humming economy and surging population growth (including downtown, whose population is up 60 percent in five years).
At $325 million, the development would be the fifth-largest proposed or underway in the county, according to our Crane Watch development map. The project also drives home the reality that SoBro is the epicenter of Nashville's real estate boom — and Demonbreun Street's status as the most important in the city right now, when it comes to development.