Nashville-based development company Giarratana has landed a major permit related to construction of a 750-foot residential skyscraper to rise on a portion of the downtown YMCA of Middle Tennessee site.

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The site as seen on Sunday, Feb. 26.

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The issuing of the permit, valued at about $89.12 million, comes as debris removal nears completion following recent demolition of the former Y indoor swimming pool and administrative office structures.