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Belmont sells Watkins campus for $22 5M

Belmont University officials announced Tuesday the $22.5 million sale of the former Watkins College of Art property in MetroCenter. The new owners are a joint venture of affiliates of Nashville-based Chartwell Residential LLC and EJF Capital LLC of Arlington, Virginia. As planned when the Belmont-Watkins merger was announced in January 2020 (read here), net funds from the sale of the campus, with an address of 2298 Rosa L. Parks Blvd., will create an endowment to provide need- and merit-based scholarships for visual arts students in the Belmont University Watkins College of Art program. The endowed fund is expected to produce more than $800,000 annually for arts scholarships upon maturation.

Permit Patrol: 3 May 2021

Demolition and grading permits have been applied for related to a Hilton hotel brand Indianapolis-based developer Sun Development and Management Corp. is eyeing for Rutledge Hill. A late-summer groundbreaking is eyed for what will be called The Printing House — A Tapestry Collection Hotel by Hilton. Aakash Patel, Sun vice president of construction, told the Post Friday the company will soon demolish the former Johnstone Supply building at the southwest corner of the intersection of Third Avenue South and Peabody Street. The address is 501 Third Ave. S. The hotel (pictured) will offer 181 rooms and a retail/restaurant space at ground level. The building will rise 11 floors, with the Metro Development and Housing Agency Design Review Committee approving the design in April 2019. Read more

Confederate Sea Denial and Tactics of Asymmetric Naval Warfare

Confederate Sea Denial and Tactics of Asymmetric Naval Warfare
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