Core Development’s The Chesterfield is about to begin breaking ground in early May. The Chesterfield is a 43-home "cottage style" development with homes ranging in price from $300,000 to $420,000. Mark Deutschmann, the principal at Core, and a team of Realtors from Village Real Estate Services will be leading the sales and marketing on this project.
Continue reading the article below or click here.
(article from Nashville Post)
Ground is slated to be broken in early May on The Chesterfield, a 43-home “cottage style” development Core Development Services will undertake in the Hillsboro-West End district.
To be located at 511 Chesterfield — on the 2.8-acre site of the former Blair House Apartments — the homes will range in price from $300,000 to $420,000 and in size from 1,450 square feet to 2,050 square feet, according to Core principal Mark Deutschmann. Each house will offer a two-car garage, he added.
Village Real Estate Services, for which Deutschmann is founder and owner, will handle sales and marketing of the homes.
“It’s a fantastic location for this type product,” Deutschmann said. “My agents seem to be extremely excited.”
Core created 511 Chesterfield Partnership to develop the site, for which it paid $2.2 million in January. The team, comprised of Deutschmann, Aaron White, Hunter Connelly and Core Construction Services’ Cory Short, has enlisted the following to handle the undertaking: DA|AD (architecture and design), J2k Builders (Jim McLean), Wamble and Associates (civil engineering), Greenspace (landscape architecture) and Franklin Synergy Bank (financing).
The Chesterfield, estimated build-out for which is $12.5 million, represents Core’s fourth cottage-style single-family home development within Nashville’s urban core, following West End Station, Germantown Station and the still-under-construction Gale Park. Core has worked with DA|AD on each.
“Nick Dryden (a co-principal at DA|AD with John Abernathy) has come up with some nice designs, and we’ll have a great selection of homes with plenty of variation to suit,” Deutschmann said. “ We’ll continue the concept of the internal greens, lots of porches and balconies. This site has fantastic sunset views, so we’ll try to take advantage.”
Deutschmann noted Elmington Park, West End Middle School and Eakin Elementary School are all within walking distance of the site.
“It would seem like the community is excited about this project,” he said. “At least I’m hearing good feedback. I think that the style, pricing, access to local schools and energy smarts are being well received.”
Core, which currently is building Midtown Place and will soon start on an unnamed three-story, 15-unit apartment building to be located at Magnolia Boulevard and Wedgewood Avenue, is aiming to deliver the first homes by the end of the year.