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Notes: Moore Building team lands $79M loan

On-site work looms on Midtown office building

Groundbreaking looms in June for the Moore Building in Midtown. Nashville-based developer David W. Creed Jr. and Atlanta-based Portman Holdings are teaming to develop the site with the 16-story mixed-use tower pictured above. The project, to be undertaken on a 0.76-acre site at 825 19th Ave. S. at the northwest corner of 19th Avenue North and Chet Atkins Place, is expected to carry a price tag of upwards of $120 million. The Moore Building will feature 227,000 square feet of office space on nine levels and 8,500 square feet of ground-floor retail (with seven levels of above-grade parking garage and two floors of below-ground parking). Nashville-based Gresham Smith is the architect.

State offers two properties near ballpark for sale

Located downtown at 1000 Second Ave. N., the properties are home to a nondescript modernist structure sitting on a collective 5.83 acres. According to a state document issued by the Department of General Services Office of Real Estate Asset Management, the properties will be offered by sealed bid at a date and time to be determined. The sites are zoned to accommodate various commercial uses. The state acquired the two properties in December 1994 for $5 million, according to Davidson County Register of Deeds records. The building (pictured) at 900 Second once accommodated offices for the Tennessee Department of Children s Services. A since-razed structure at 1000 Second was home to state and county social services offices.

Charlotte retail expected to outperform other U S markets in 2021, study finds

Charlotte retail expected to outperform other U S markets in 2021, study finds
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