Real estate notes: Boutique hotel developer must reapply for TIF

The development team eyeing a boutique hotel to be located on Fourth Avenue North and interacting with Printers Alley will need to submit a new application for tax increment financing, The Tennessean reports..

The Metro Development and Housing Agency originally approved $6.5 million in TIF for 4PANT LLC, funding to assist with land acquisition and infrastructure. But recently, 4PANT said it might not be able to save the historic Embers building, a move that drew concern from MDHA, the Mayor’s Office, Historic Nashville Inc. and the Metro Historical Commission.