Nashville-based development firm The Mainland Companies has paid a collective approximately $14.52 million for multiple Chestnut Hills properties located near downtown’s southern fringe — including the building housing an adult entertainment business.

Of note, the properties are located on the east side of Fourth Avenue South — with the west side of that street offering multiple properties owned by Mainland and Chicago-based real estate development and investment company Speedwagon Capital Partners. The partners have branded Chestnut Hill’s northern segment as the New Heights District, paying tribute to New Heights Brewing Company craft beer business operating in the area.

Pure Gold art

300 McCann St.

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