Details are coming to light regarding a large-scale mixed-use project planned for an East Nashville property that will include more than 500 residential units.
As the To post reported in June 2021, New York-based development firm Rethink Capital Partners, through Rethink Community Nashville JV LLC, paid $9.26 million for several parcels on which it plans the project. The adress is 1410 Dickerson Pike.
Now, and according to a Metro document, Rethink will partner with Charlotte-based Lennar Multifamily Communities.
The document notes that 183 three-bedroom townhouses are planned for part (with a work address of 0 Lucile St.) of the entire site and hugging the inner-interstate loop. An image suggests that Lennar will focus on this effort.
Additionally, the other segment of the overall property is being sought by Rethink for apparently three multi-story buildings with a collective of 220 one-bedroom units, 95 two-bedroom units, 22 three-bedroom units and 10,000 square feet of living space. retail space.
Nashville-based Hastings Architecture Associates is expected to design the site’s future buildings. Civil Site Design Group, a Nashville-based land-use planning and engineering firm, is listed on the document.
Lennar and Rethink officials could not be reached for comment, and it is unclear whether the project will be single-phase or multi-phased.
The site is located near Cleveland Street, which will eventually be extended below the freeway to connect to the East Bank and North River (to house the future Oracle campus).
In a similar vein, Tyler Cauble, founder of the locally based The Cauble Group and Parasol Management, is planning The Provisionary at an adjacent site to the south (read here). Nearby, Bristol Development Group has The Link under construction (read here) and local promoter Beau Fowler is planning two projects (read here).
Lennar developed in Nashville before, notably in Melrose and on the Midtown site on which his apartment tower sits. The Morris.