Groundbreaking seemingly looms on what will rank as a single of Nashville’s additional unique mixed-use buildings.
Lately, the Metro Planning Commission authorised the rezoning and bonus height requests for The Miles, to increase 19 flooring and offer you micro residential models and retail space. The tower will be undertaken in SoBro at 516, 522 and 526 Rep. John Lewis Way (Fifth Avenue South), with Los Angeles-primarily based ELK Growth overseeing the energy.
The nation’s micro-unit apartment creating motion — these kinds of residences are almost never a lot more than 500 sq. feet with some as modest as 100 sq. ft — is reasonably new to Nashville. Of note, micro-unit constructing Rutledge Flats (read additional below) is absolutely underneath development. Wedgewood-Houston is home to Martin Flats (read here).
In addition to landing MPC approval, ELK has now used for a allow to demolish two nondescript structures on the web-site to accommodate design of The Miles.
ELK paid out $14.55 million for the homes in December 2021. The 3 parcels offer you a collective .96 acres and sit at the northeast corner of the intersection of Lewis Way and Lea Avenue. To the quick north of the foreseeable future tower is the making home to Bar Sovereign.
Nashville-dependent architect ESa has designed The Miles. Two retail areas and a courtyard will deal with Lewis Way.
ELK officers could not be attained for remark. The business web site notes seven projects but delivers no unique markets. A LinkedIn page references ELK’s much more than $200 million in belongings below development in the Los Angeles marketplace and that some of its household houses present furnished units.