Located at
1600 Rosa Parks Blvd., the three-story Evergreen at Werthan offers 92 residences and saw construction begin in 2013. It sits near The Lofts at Werthan Mills. Its new owner is an LLC affiliated with Vienna, Virginia-based Cherner Development Group, the website for which offers a portfolio with a handful of similar properties (none located in Nashville).
The seller was an LLC affiliated with Nashville-based Evergreen Real Estate. That entity developed the site with the apartment building and was led, at the time by Aaron White and Hunter Connelly.
The deal is the equivalent of about $231,000 per unit.
The development team for Evergreen at Werthan included D|AAD and B3 Design Studio (architecture), Southland Constructors (general contractor) and Berkley Capital (financing). The apartment building offers townhomes facing Seventh Avenue North, concealed surface parking and a south facade addressing the north wall of The Lofts at Werthan Mills.
New Orleans developer is now leasing site for future hotel and retail building
Courtesy of HRI, ESa
Plans remain for a mixed-use tower to be located on a downtown site owned by Christ Church Cathedral, with its construction start like those of some other prospective local projects having been delayed by COVID-19.
New Orleans-based HRI Properties continues to eye the 23-story high-rise, which will offer two hotels and retail space and rise on a surface parking lot at
Michael Coolidge, HRI s president, told the
Post Friday the company was prepared to break ground in 2020 but is now monitoring the hotel industry, due to virus considerations, before deciding on a possible start. Coolidge declined to offer a groundbreaking date but said HRI’s land lease with property owner Christ Church Cathedral took effect last fall.
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