Notes: Developer lands $62 2M loan for Marathon project nashvillepost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nashvillepost.com Daily Mail and Mail on Sunday newspapers.
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.
The Daily Herald
Plans for the new mixed-use Kedron Square development located at the soon-to-be former Tennessee Children s Home in Spring Hill continues its final development phase.
The next phase of the proposed mixed-use development is currently being reviewed by the Spring Hill Municipal Planning Commission. If approved, the multi-faceted project would move forward and bring a site, which features multiple single-family homes, apartments, retail and office space, as well as hotel space. The idea is to create a new downtown district for Spring Hill, while preserving the Children s Home property.
The Board of Mayor and Aldermen previously approved the site s preliminary plat in 2019, followed by planning commission approval of phase 1A in August of 2020, which included 81 single-family lots.
Also: Loan landed for Berry Hill project
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.