Category: CityLiving Group Blog

    • Magic Johnson Invests in The Gulch

      It was announced last week that Magic Johnson has invested $20 million into the Terrazzo, under construction in the Gulch. The continued confidence in the future of this urban neighborhood is very exciting! Other projects like Icon in the Gulch, Velocity in the Gulch, Rhythm at Music Row, and Griffin Plaza will all benefit.
      Written by Callie Hughes
    • Groundbreaking in SoBro!

      Rolling Mill Hill broke ground on Thursday, September 13. What an exciting day for this development, and the city. This historic site means a great deal to many people and this was poignantly recognized by many at the ceremony. Former Mayor Bill Purcell and new Mayor Karl Dean were both present, as were the developers and others involved with the project. Buyers came out to celebrate and a great party followed at the Sales Center.
      Written by Callie Hughes
    • Rolling Mill Hill

      Rolling Mill Hill, one of the most interesting projects in Nashville, is breaking ground on September 13th. The first round of construction on this 36 acre master plan will be developed by Direct Development, out of Wisconsin, and R.C. Mathews will be the contractor. The site, when fully formed, will include old buildings and new, high river bluffs with some of the best views of city and bridges.
      Written by Callie Hughes
    • In Response…

      A reader left this comment on my most recent post: "When I purchased a pre-construction unit over a year ago, developers were not negotiating on price. It was pay this or you don't get it. From what I understand now is that a lot of other new developments are taking offers. Is this because of a hurting market or have they finally realized that the market may not support their prices? It's hard to say with everything being speculation and not many developments being completed. Also, I wonder how many buyers would choose to lose their initial deposits and walk away if a developer chooses not to negotiate prices now."
      Written by Callie Hughes
    • Under $200,000 Market HOT!

      There is plenty of talk about the Nashville market, and slowing sales. Since Village is more urban then most, our market is strong, and we had our best month ever in July. We offered through our e-newsletter an Under $200K Tour, and invited folks to join us to see lofts and condos in the attainable price ranges on a Sunday afternoon.
      Written by Callie Hughes
    • Under Construction: Rhythm at Music Row

      Rhythm at Music Row is now becoming more tangible. Demolition of the existing building is complete, and we are starting site work and construction. We had a groundbreaking party at the end of July. It was really fun, and I think some 200 people attended the event.
      Written by Callie Hughes
    • Nashville’s Next Mayor

      Who do you want to be our mayor? And why? I've aligned with Briley, who has been a politician in Council for years - one of the strong members. He is green, progressive, young, and intelligent.
      Written by Callie Hughes
    • The Urban Mural

      Check out the mural across from Werthan Lofts. For the last three to four months, a landmark neighborhood project on 8th Ave N in Germantown has been taking place. Created by artists, painted by neighbors, volunteers, children from the community, Werthan residents, the list goes on... If you look at it up close, it resembles a child's paint-by-numbers, with paint sloshing outside the lines. Look at it with just a little distance, it looks like art. Look at it through a social lens, and it is truly artistic, because of the community which created.
      Written by Callie Hughes
    • I Feel Good About Nashville

      On Friday, a reader posted this comment in response to the Velocity blog: "I bought a unit at Velocity in the Gulch. I was really looking forward to the project. But now I am concerned. After buying parking and upgrading to glass windows, my rate is $343 per sqft. The project is going to be ready 2 years from now. I am wondering if prices would be able to hold till then, let alone any appreciation. By that time we may already have 10 more velocities in nashville. Due to over supply of condos, prices are going to suffer. Do you have any thoughts on this topic?"
      Written by Callie Hughes
    • Velocity Has Momentum

      Velocity had a strong launch, selling 85 homes in the first day. The 53 TIF units, for affordable purchasers, were not released but will come soon. Buyers who make up to $34,500 should take notice, and buy at this project. The Gulch is getting stronger, and as retail fills in, the neighborhood activates. I for one like to see a neighborhood emerging where there was none. Funny, we only have two homes left at more then $300,000, and there are 265 in the project. The buyers bought from top down.
      Written by Callie Hughes

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