Nashville?

Want to talk about your favorite places besides Kansas City? Post any development news or questions about other cities here.
alejandro46
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Re: Nashville?

Post by alejandro46 »

Are any of these developments incentivized?

Chris Stritzel
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Re: Nashville?

Post by Chris Stritzel »

alejandro46 wrote:
Sun Jan 31, 2021 5:03 pm
Are any of these developments incentivized?
I haven't seen anything if the ones I shared will have incentives attached to them. I know some other projects have included tax abatements and TIFs, but I haven't seen those mentioned much recently.

kboish
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Re: Nashville?

Post by kboish »

This is an interactive map of the TIF projects in Nashville.

https://nashville.maps.arcgis.com/apps/ ... 90d384e886

Based on some googling, it sounds like Nashville has the same concerns about overuse of TIFs, abatements, and other business incentives. However, it also sounded like they didn't decide to stop handing them out.

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normalthings
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Re: Nashville?

Post by normalthings »

kboish wrote:
Mon Feb 01, 2021 10:12 pm
This is an interactive map of the TIF projects in Nashville.

https://nashville.maps.arcgis.com/apps/ ... 90d384e886

Based on some googling, it sounds like Nashville has the same concerns about overuse of TIFs, abatements, and other business incentives. However, it also sounded like they didn't decide to stop handing them out.
Nashville's proverbial ball is also speeding down the hill while we haven't even pushed ours over yet.

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GRID
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Re: Nashville?

Post by GRID »

normalthings wrote:
Mon Feb 01, 2021 10:41 pm
kboish wrote:
Mon Feb 01, 2021 10:12 pm
This is an interactive map of the TIF projects in Nashville.

https://nashville.maps.arcgis.com/apps/ ... 90d384e886

Based on some googling, it sounds like Nashville has the same concerns about overuse of TIFs, abatements, and other business incentives. However, it also sounded like they didn't decide to stop handing them out.
Nashville's proverbial ball is also speeding down the hill while we haven't even pushed ours over yet.
Yeah, KC barley getting going and wanting to shut things down. Nashville has had like 20 tower cranes up for over ten years straight now. And they have the attention of the national development community who all want to build there now. They can probably start telling developers where to go now.

KC is not in that same boat.

The biggest difference is still that Nashville has a huge corporate presence and investment in their downtown, something that KC still lacks. Nashville has been building just as many huge office towers and hotel towers as residential and they have the momentum to get through covid. KC is 90% residential and took too long to get some new office buildings up. I doubt KC sees a new office tower for at least ten more years now.

The city has delayed the one project (three light) that could have put KC on the national map proving the city is ready for large class A new constructions towers.

Everybody there is screaming about affordable hosing and gentrification which I'm not even sure are true issues there. What's going to end up happening is that the city will push all that type of development to the suburbs once again. Overland Park will give incentives and nobody out there cares about providing affordable housing.

earthling
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Re: Nashville?

Post by earthling »

Nashville obviously has a strong music industry, better natural beauty and relative better winters that help. Just because KC isn't up to speed with the latest "It City" doesn't mean it's not doing well. KC doing quite well relative to rest of Midwest, with many indicators - even though it doesn't have much Fortune 500 anymore.

But sure would be nice if KC companies would embrace downtown as much as hotter markets. Could use more billionaire philanthropists too.

Chris Stritzel
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Re: Nashville?

Post by Chris Stritzel »

Tony Giarratana, a well known developer in Nashville, has proposed a 45-story, 610ft tall condo tower at 800 Lea, which is at the Korean Veterans Boulevard Circle next to the Music City Center (convention center). With this building, along with the Circle South Office Building, the Ritz Carlton Hotel and Residences, and the nearing completion 805 Lea, the roundabout/traffic circle will have skyscrapers on all sides with the exception of the Convention Center.

Interesting floor plates with this building too. Estimates put it at 120 condos. Only 60 parking spaces will be included and will be done via valet.

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Meanwhile, just up the road and over from here near Nashville Yards, Giarratana just started construction on the Alcove at 900 Church Street (34-stories, 418ft, 356 apartments) and Prime at 801 Church (38-stories, 456ft, 358 apartments and 511 parking spaces). Both will rise simultaneously with the garage at Prime serving the Alcove.
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No updates regarding Tony's biggest project, Paramount Tower (65-stories, 750ft) at 600 Church Street, have been made. But with three big towers in the works, I would think that Paramount would wait a little while. A rendering of that is below.
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taxi
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Re: Nashville?

Post by taxi »

What would Bob say?
https://youtu.be/F4T3xs4-Jso

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FangKC
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Re: Nashville?

Post by FangKC »

It's unbelievable how much development has been going on in Nashville.

earthling
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Re: Nashville?

Post by earthling »

^Though not surprising they have truly become the new Austin with some Atlanta thrown in. Helps to have music industry, major university, state capitol, many billionaires, above average natural beauty/winters. And like Austin, Nashville is now drawing jobs from W Coast tech companies, Oracle to invest $1.2B and bring 8500 jobs as well as Amazon actual tech jobs.

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normalthings
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Re: Nashville?

Post by normalthings »

earthling wrote:
Sun Apr 18, 2021 6:05 am
^Though not surprising they have truly become the new Austin with some Atlanta thrown in. Helps to have music industry, major university, state capitol, many billionaires, above average natural beauty/winters. And like Austin, Nashville is now drawing jobs from W Coast tech companies, Oracle to invest $1.2B and bring 8500 jobs as well as Amazon actual tech jobs.
Big airport redevelopment and international flights. Their airport was well above STL pre-covid

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