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Headline Homes: September 2021

On the list: A Florida Georgia Line member, a house with a bowling alley and a hotel developer ....

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Details emerge for $80M project eyed for MetroCenter

The details follow the two entitiesâ having recently paid $22.5 million for the 13.6-acre property (read
here), which includes Amulet Lake and a main address of
According to a release, the two buildings will comprise approximately 750 units collectively and be constructed in two phases. The first phase, which will include approximately 375 residences in a five-story apartment building with an above-grade parking garage is slated to be under construction in early 2022 with completion in early 2024. Ground will break on the second multifamily building soon thereafter, with that structure to contain approximately 375 units.
No renderings have been released yet.
Chartwell (via Chartwell Residential and Franklin-based sister operation Chartwell Hospitality) has developed multiple sites with commercial, residential and hotel buildings with a collective value of about $2 billion (and approximately $700 million worth of development currently underway). In the greate ....

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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. ....

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Hilton Alpharetta Atlanta brings full-service hotel to Windward Parkway

Hilton Alpharetta Atlanta brings full-service hotel to Windward Parkway
appenmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from appenmedia.com Daily Mail and Mail on Sunday newspapers.

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Marathon Village sites sell for $17M | Nashville Post

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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