As someone who adores life in Nashville and has a deep interest in the dynamic landscape of its real estate, I'm excited to introduce you to three enormous projects set to reshape East Nashville in the near future.
These projects are nothing short of extraordinary; each of them encompasses a space of over 10 acres! This is quite an impressive feat considering the ever-shrinking availability of such expanses in East Nashville. Although they're yet to break ground as of now, each project is in its unique stage of development, with demolition of old buildings having already taken place in some cases. The diversity of their locations across East Nashville indicates a balanced and sustainable growth for the region.
Our first project is at the former site of the Old Riverchase apartments, located strategically at the base of Dickerson Pike, right at the edge of downtown. These apartments, despite some initial pushback regarding affordable housing concerns, were torn down to make way for a massive 11-acre development. Once completed, the new property will house 1,150 units, with a portion set aside as affordable housing. Additionally, plans include ground-level retail spaces and parking, expected to significantly boost real estate in the area.
Next on our list is an ambitious project deep in East Nashville along the 1500 block of Porter Road. It concerns the almost 20-acre property of Berkshire Place apartments. The plan for this property includes nearly 1,000 residential units, complete with street-level restaurants and commercial spaces. Located next to Englewood Park on Cahall, the new development also promises affordable housing options. This addition is anticipated to make the Porter Avenue, Cahall and Straightway Avenue area an even more desirable place to live.
Lastly, we have a fresh, exciting project situated right on Davidson at the river, adjacent to Shelby Bottoms Park. A group of developers recently purchased this 15-acre property for a whopping $39 million. If approved, their vision for the site includes a multi-building project encompassing hotels, offices, retail spaces, restaurants, and residential units. The buildings could reach up to 20 stories, particularly on the side closest to downtown, gradually decreasing to about eight floors on the side nearer to Shelby Park.
Each of these ambitious projects promises to change the face of East Nashville in its own unique way. While some might have reservations about the upcoming changes, it's undeniable that they herald an exciting era of transformation for East Nashville.
Thanks for reading! If you have any questions or would like more information about real estate in Nashville, feel free to drop a comment or reach out to me @JustinFloydHomes on social media, or visit my website at www.justinfloydhome.com.
Stay tuned for more updates on the exciting changes coming to East Nashville!
