Monday, May 14, 2012

Eleven in the Gulch



As I was driving downtown recently, I came across a new apartment development on 11th Avenue North called Eleven in the Gulch or Eleven North.   This is an impressive complex that will have 302 apartments (445 parking places) when it's totally completed.  One, two, and three bedrooms come in a variety of floor plans.  The one-bedrooms rent for $1250 a month and the two-bedrooms are priced at $1,750.  When I stopped by the sales office, they said they had already rented close to 200 units.

Eleven North or "EleveN" boasts a long list of high end amenities such as a salt water pool with spa, outdoor grilling area, fitness center, rooftop lounge with pool tables, sky deck with views of the city, tanning beds, and cyber cafes.  Individual units feature upgrades like granite counter tops, tile back splash, solar shades, and Energy Star appliances, including a wash and dryer.  And, for music lovers, each unit is wired for sound and compatible with docking for mobile devices.

Even with the Velocity, Mercury Lofts and individually-owned units being leased at the Terrazzo and Icon, there has been something of a rental shortage going on in the Gulch.  Eleven North should go a long way in addressing that problem.  The Gulch continues to grow into the vibrant, hip area of downtown Nashville, especially for the younger set.   Lots of fun restaurants, bars, and shopping, along with the Turnip Truck for groceries, make this a great place to live, work, and play.  

If you have an interest in looking at the condos for sale in Nashville or specifically in the Gulch, feel free to contact me at 615-545-8611.  You can also check out my video of Nashville condos, which covers the Gulch, including the Terrazzo, Icon and Velocity.   I look forward to hearing from you!

Tuesday, May 8, 2012

Tapestry at the Brentwood Town Center

Known mostly for single-family homes with large lots, Brentwood TN has had a shortage of upscale multi-family rental units. That is about to change by the spring of 2013 when the first condos at “Tapestry” will become available. If all goes as planned, by the summer of 2013, Tapestry will be completed and there will be 393 more one and two bedroom condos in Brentwood TN.

Sitting on 7 acres at 300 Centerview Drive (behind the Synergy Center), the multi-use development will play a major part in the Brentwood Town Center plan. 4100 square feet of ground level space will be devoted to retail, which should fit in nicely with its neighbors in the adjoining shopping center (Bricks and City CafĂ©). For their residents, Tapestry features two swimming pools and a “fitness bridge,” as well as three courtyards and an outdoor kitchen. The entire project will be built in accordance with the National Association of Home Builders’ Green Standards.

Targeting empty-nesters and young professionals, the Brentwood TN condos will bring 600 to 700 new residents into Brentwood. It’s estimated that this will draw an estimated $10 to $15 million in purchasing power a year into the city. Of course, it will also bring more traffic and congestion. Tapestry has planned 673 parking spaces to accommodate the additional cars.

While I typically concentrate on condos for sale in Brentwood and Franklin, as well as Nashville condos, I thought Tapestry was important enough to share. It will have a major impact on the housing market in Brentwood and the surrounding area. Although there may be a little inconvenience associated with the new apartment complex, it will hopefully be a positive addition to our growing city.

 If you have any questions regarding homes or condos in the Brentwood TN, Franklin TN, or Nashville area, feel free to contact me at 615-545-8611 or 615-545-8611. Thank you!