The seller of the property located at
800 14th Ave. N. was Charles D. Cline Sr. Cline acquired the 0.65-acre triangular property in late 2004 for $36,000, according to Metro records. He sold for $2.4 million, according to a Davidson County Register of Deeds document.
Cumberland Trust Co. sold the four-acre property at
801 12th Ave. N. for about $14.6 million. Cline is a part of that trust.
To include residential and retail spaces, Union Brick will carry a roughly $85 million price tag. The site is home to Union Station Brick and Materials Co. (thus the name of the project), which Cline owns. Neither Chartwell Residential nor the sellers used brokers in the transaction.
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New images have been released of the Union Brick mixed-use project being eyed for a site just north of Marathon Village.
To include residential and retail spaces, Union Brick will carry a roughly $85 million price tag and offer addresses of both
800 14th Ave. N. Nashville-based development company SR Residential Partners, led by Ben Schaedle and Peter Ripley, is undertaking the project. Schaedle is related to Rob Schaedle, who has developed various urban Nashville parcels with multi-story hotels and will team with SR Residential on the project.
Schaedle said SR Residential expects to announce a groundbreaking date early this year. The site is home to Union Station Brick (thus the name of the project) and Materials Co.