Nashville’s dynamic landscape is set to transform further as the Southern Land Company secures another strategic acquisition. The Nashville-based developer has recently forked out $4.05 million for a crucial piece of real estate situated right next door to its expansive East Nashville project centered around the Lincoln College of Technology, as per records from the Davidson County Register of Deeds.
The property in question, formerly housing BATL Axe Throwing, is positioned at 1302 Gallatin Ave. and is noted for not currently having any tenants. This recent purchase is a clear indicator of Southern Land Company’s vision for a significant redevelopment in the area. Not only does this highlight the company’s growing footprint, but it also showcases its commitment to nurturing the urban fabric of East Nashville.
This acquisition follows closely on the heels of another recent purchase by Southern Land Company. In September 2023, the developer invested $1,915,000 in a two-parcel property at 1019 and 1021 Douglas Ave. This area, conveniently located adjacent to its east side property, is currently being utilized as surface parking. This string of investments underscores a larger blueprint for the area, one that sees the developer steadily building a cohesive and considerable project zone in East Nashville.
The master plan for this transformative project was set in motion when Southern Land Company invested a staggering $33.75 million back in June for a 20-parcel property that Lincoln College of Technology sits on. The acquisition covered an impressive span of approximately 15 acres, with its main hub at 1524 Gallatin Ave. Further emphasizing the magnitude of Southern Land Company’s ambitions in Nashville and its belief in the city’s growth potential.
Southern Land Company, known for its significant projects in several key US cities including Denver and Philadelphia, has vast experience in handling large-scale developments. The company has laid out ambitious plans for the East Nashville site. Early announcements made in 2023 outlined a comprehensive project consisting of multiple buildings varying in height from three to seven stories. The development is expected to encompass about 800 multifamily homes, which will include apartments and live-work units, alongside 150 single-family homes, featuring cottages and townhomes. Moreover, approximately 300,000 square feet are earmarked for commercial space. This blend of residential and commercial use is anticipated to inject vibrancy and economic activity into the area, fostering a thriving community space.
Despite the magnitude of these transactions and the impact they are slated to have on East Nashville’s development landscape, specific details about brokerage involvement in the most recent purchase remain unknown.
As Southern Land Company gears up to transform its sizable holdings in East Nashville into a vibrant mixed-use community, the excitement is palpable. The development not only promises to reshape the urban landscape but also to inject new life into the neighborhood, offering residents and businesses alike a renewed sense of place and opportunity in one of Nashville’s most dynamic districts.
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