Details are emerging and an image has been released regarding a tower planned for The Gulch site home to A+ Storage.
In late 2019, Chicago-based real estate investment, development and construction company LG Development Group paid $25 million for the 1.99-acre property, which has an address of 909 Division St.
LG is seeking a 16-story high-rise that will offer about 215,000 square feet of office space on six floors, 342 residential units on eight floors and a parking structure with 860 spaces. The tower will rise about 240 feet, making it one of downtown Nashville’s 50 tallest buildings if standing today.
The property is zoned to accommodate a building of up to about 150 feet tall, so bonus height will be sought.
Norr Architects (architect), Kimley-Horn (civil engineer), Thorton Tomasetti (structural engineer), Quest Design Group (mechanical, electrical and plumbing) and Confluence (landscape architect) are participating in the effort. None is locally based though Kimley-Horn operates a local office. Norr has offices in Canada, the United Kingdom and the U.S.
Of note, the building’s rooftop amenities space would offer a pool, a hot tub and a co-working room.
The team will go before the Metro Planning Commission on June 25 to seek final site plan approval.
Division is home to multiple towers (including Icon) and is seeing rise various others. For example, Houston-based Dinerstein Cos. plans an 11-story apartment building on the property long home to office equipment supplier RJ Young (read here). And Charleston, S.C.-based Greystar Real Estate Partners continues to move forward on construction of a 16-story apartment building at 908 Division St.