A major mixed-use project with a roughly $85 million price tag is being eyed for a site near Marathon Village, with the project to include residential and retail spaces.
To offer addresses of both 801 12th Ave. N. and 800 14th Ave. N., the project is called Union Brick and would be undertaken by Nashville-based development company SR Residential Partners, according to a document submitted to Metro.
SR Residential is led by Ben Schaedle and Peter Ripley. Schaedle is related to Rob Schaedle, who has developed various urban Nashville parcels with multi-story hotels and will team on the proposed project. Of note, SR Residential is looking to redevelop a West End Park site with a two-building residential project near the building once home to Outback Steakhouse (read more here). Schaedle said SR is teaming with Nashville-based Grace Development on that effort and expects to submit detailed information to the Metro Planning Department and Metro Council this quarter.
Schaedle said he and Ripley still have much work to do regarding Union Brick and are working with Metro officials. SR Residential expects to close on the purchase of the two properties in the second quarter. The site is home to Union Station Brick (thus the name of the project) and Materials Co.
“Our company believes in Nashville’s continued growth," Schaedle said. "We see the project as an opportunity to transition from the downtown core’s high density to the Charlotte corridor’s more urban neighborhood environment.”
Union Brick will offer 379 apartment units (of which 24 will be live-work residences), 4,000 square feet of retail space and 10 townhomes.
The Birmingham office of David Baker Architects (Amanda Looper) and Nashville-based Johnson Johnson Crabtree Architects (David Brown) are designing the various buildings within Union Brick. Catalyst Design Group (Jeff Heinze and Jack Parker) is handling land planning efforts.
The team will go before the Metro Planning Commission on Feb. 13 to request a zoning change to allow for the project.
Anchored by Corsair Distillery and Marathon Music Works, among multiple other businesses, Marathon Village sits on the south side of the railroad tracks that Union Brick will address.