One City art

The Shay at One City

Phoenix-based Alliance Residential Co. has paid $10.4 million for One City land on which is planning a seven-story residential building.

To be called Broadstone One City and located next to apartment building The Shay (pictured), the building will have 261 residences and 331 parking spaces, according to a document submitted to Metro in September 2020. Alliance, which has an office in Nashville, has not yet announced a groundbreaking date or released a detailed color image.