Notes: Image released for One City Apartment Building | development

Phoenix-based Alliance Residential Co. has completed a detailed color rendering of its future Broadstone One City, which is said to be under development from which its name is derived.

The groundbreaking ceremony for the project will take place this year, and construction is expected to be completed in spring 2023, according to a press release. The image release comes after Alliance paid $ 10.4 million in late May for the more than 1.6 acres on which the seven-story residential building will be built.

Broadstone One City will be adjacent to The Shay apartment building and will offer 261 studio, one and two bedroom apartments averaging 815 square feet. According to a press release, the residences will have gas stoves, beverage refrigerators, entertainment islands and “custom entrance benches”. The amenities include a fitness center, private “focus rooms”, individual yoga pods, a post office with a 24-hour package concierge, a pool and an inner courtyard as well as a “sky lounge” equipped with a demonstrator kitchen and putt-putt is.

The site has an address from 7 town square, with the main entrance to One City at the 28th / 31st Avenue Connector. Atlanta-based Dynamic Design will act as the architect with the Nashville-based Catalyst Design Group, taking on the engineering and land planning tasks. Nashville-based Pinnacle Bank has provided a $ 44.3 million loan to make the construction possible (read on Here).

“As we look for ways to expand our presence in Nashville, Broadstone OneCity underscores our overall commitment to this great city and we look forward to continuing to work in this market,” said Stephen Keller, director of Alliance Development, in the press release. “We are happy to be part of this revolutionary community and to offer luxury rental apartments.”

The Tennessee first published the picture. Cambridge Holdings, based in Dallas, is the primary developer and owner of most of One City (stylized as “oneC1TY”).

It is noteworthy that Guefen Development Partners, based in Houston, is planning a 10-story apartment building next to One City and Interstate 440 (read more Here).

Planned Ritz-Carlton project is progressing

Efforts to redevelop a SoBro site with a Ritz-Carlton have taken a step forward with the application for a permit to determine water and wastewater availability.

The permit is listed by Ragan Smith from Nashville, who is doing engineering and spatial planning. A groundbreaking ceremony for the $ 585 million project is planned for early 2022, according to a previous press release from Florida-based M2 Development Partners.

On a property of six parcels with a main address of. Both a mixed-use building for the luxury hotel and high-quality condominiums and an associated apartment building are being built 401-417 Seventh Avenue S. at the Korean Veterans Boulevard roundabout.

The press release said the hotel and condominium tower will have 46 floors, while the apartment building will have 32 floors.

The location has been searched for at least since 2017 for a tower that the locally based The Mainland Companies owned it to. As the post As reported in January, the buildings will total 1.2 million square feet, 240 Ritz-Carlton hotel rooms, 150 condominiums for sale, 185 rental units, 6,000 square foot spa, 30,000 square foot meeting / banquet area, 10,000 square feet Retail and a garage with 560 spaces. The project should be LEED Gold certified.

Take a look at a picture and read more Here.

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