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Work on Massive Nashville Rental Community Underway
IPB, a subsidiary of Bosa Properties announced that on-site work is underway for the first of three towers of the Motley on its development at the site of Midtown’s former dairy factory.
The Nashville Post reports that the Motley will be built in three phases. The first phase will offer a 26-story residential tower with 326 units. It will have more than 14,000 square feet of ground-level retail, as well as an amenity level with a fitness center, dog run, golf simulator and pool.
The next two phases include two more residential towers, one standing 32 stories tall and the other height not yet determined. At completion, the project will include 1,197 units.
In 2022, IPB Properties paid a collective $80.7 million for the Midtown project site in separate transactions.
The land at 1401 Church St. was last home to the operation of dairy supplier Country Delite Farms, which Dairy Farmers of America shuttered in February 2022. A late 2027 completion is expected for the project.
The post Work on Massive Nashville Rental Community Underway appeared first on Connect CRE.
IPB, a subsidiary of Bosa Properties announced that on-site work is underway for the first of three towers of the Motley on its development at the site of Midtown’s former dairy factory. The Nashville Post reports that the Motley will be built in three phases. The first phase will offer a 26-story residential tower with 326 units. It …
The post Work on Massive Nashville Rental Community Underway appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
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