Roers Companies has paid $7.7 million for five Midtown parcels planned for a multi-building mixed-use development — with the Minnesota-based firm now having spent $15 million for the part of the site needed for the effort.

According to a Davidson County Register of Deeds document, the seller of the properties are 216-224 15th Ave. N. was Shaar Forero Properties Inc. That entity paid $5.2 million for the raw land, which offers a collective 0.59 acres, in March 2021, Metro records show.

Roers

The multi-unit residential and retail building eyed for 15th Avenue North