At one time, Tony Giarratana had plans to build a 45-story tower on an asymetrical lot in the SoBro district of Nashville. That’s changed. He now wants to sell the .39 acre parcel.
In 2021, Giarratana unveiled plans to develop condo units in a curved tower on Korean Veterans Boulevard. The Nashville Business Journal reports it would have been the second tallest building in Nashville. Giarratana paid $1.85 million for the SoBro site in 2015.
The parcel is currently being marketed for sale by Kipper Worthington and Crews Johnston at the Nashville office of Cushman & Wakefield. An asking price was not disclosed. The land is fully entitled for a 45-story tower.
Giarratana has built and sold over 1,000 condo units in Nashville.
Lincoln Property Company and McCourt Partners have broken ground for ElevenOneEleven, a new mixed-use development in Culver City. The groundbreaking occurred three weeks after Lincoln and McCourt announced $133 million in construction financing from Bank OZK. Set to rise on a vacant parcel, ElevenOneEleven will deliver 344 rental apartments, including 52 affordable units, along with 2,000 square...
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Logisco is stripping back the amenity race with a $60M Quebec City apartment development aimed at renters who would rather pay less each month than fund pools, gyms and other extras. The developer has started construction on 193 apartments at 7075 Wilfrid-Hamel Blvd., the first project under its new Elie rental brand. The 10-storey building...
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Virtus Diversified REIT has purchased a 91-suite retirement residence in Hamilton for $26M, expanding its seniors housing portfolio. The acquisition of Abington Court Retirement Residence at 1500 Main St. E. closed Nov. 3. The independent living property opened in 2005 and added 20 suites in a 2018 expansion. Located west of the Red Hill Valley...
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