PREMIER midtown DEVELOPMENT OPPORTUNITY
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1 PREMIER midtown DEVELOPMENT OPPORTUNITY 0.78 ACRES AT THE GATEWAY TO MIDTOWN ON THE WEST END/BROADWAY SPLIT 1601 BROADWAY 1 REAL ESTATE DESIGN DEVELOPMENT
2 Overview ADDRESS SUB-MARKET SITE AREA ZONING USE 1601, 1605, 1607 BROADWAY NASHVILLE, TN MIDTOWN 0.78 ACRES TOTAL CF OFFICE, RETAIL, MULTI-FAMILY, HOTEL HIGHLIGHTS Walking distance to Midtown and Music Row retail and restaurant amenities Easy access to I-65/I-40 interstate system and Nashville s major arteries Prominent location with amazing views Visible to more than 41,000 cars per day 16TH AVE S BROADWAY WEST END AVE 1601 BROADWAY 2
3 Zoning 1601,1605,1607 BROADWAY November 2nd, 2018 WEST END AVE SITE PLAN 514' BROADWAY 1" = 40' ' 260' Alley N 514' CF BASE ZONING 0.78 ACRES TOTAL 524' 200' 170' 524' 16TH AVE S LOT SIZE LOT SIZE: ZONING INFORMATION BASE ZONING: CF 0.78 acres (approx. 33,971 sf) 0.78 acres (approx. 33,971 sf) FAR: per per CF CF MAX buildable area: 33,971 x 5.0 = 169,855 sf MAX ISR: buildable area 33, x 5.0 = 169,855 sf ISR SETBACKS: 1.00 Street Broadway: SETBACKS Built to sidewalk except when 15' max. setback for dining area Street Frontage Built to Sidewalk except when 15 max. setback Side at Broadway for dining none areareq. (UDO allows max.6') Rear none req. Side none req. (UDO allows max. 6 ) MAX HEIGHT: 65' (UDO allows 150') CONTROL Rear SKY PLANE: none req. 0' up to 65', then Skyplane Slope at 1.5 vert. to 1 horiz. MAX HEIGHT 65 (UDO allows 150 ) CONTROL SKY PLANE base zoning: cf 0 up to 65, then skyplane Slope at 1.5 vertical to 1 horizontal Music row code The parcels are located in the defined Music Row Code development area which can potentially allow for increased development density over the current base zoning. Southeast Venture D E S I G N S E R V I C E S 2013 Southeast Venture - ALL RIGHTS RESERVED 4011 ARMORY OAKS DRIVE NASHVILLE, TENNESSEE (615) SV PROJECT NO BROADWAY 3
4 Zoning aerial CF BASE ZONING 0.78 ACRES TOTAL ITE AERIAL 1601 BROADWAY 4
5 Points of interest 3 18TH AVE N 17TH AVE N CHURCH ST HAYES ST 11 16TH AVE N TH AVE S DEMONBREUN ST. BROADWAY BROADWAY 11TH AVE S THE ADELICIA COURTYARD BY MARRIOTT OLYMPUS MIDTOWN HUTTON HOTEL RESIDENCE INN ALOFT BRISTOL ON BROADWAY KENECT NASHVILLE THE MORRIS APARTMENTS ARTISAN ON 18TH BROADWEST HILTON GARDEN INN HOME2 SUITES BY HILTON SKYHOUSE NASHVILLE VIRGIN HOTEL THE CADENCE 4 5 WEST END AVE 6 17TH AVE S TH AVE S DEMONBREUN ST ELEMENT MUSIC ROW 1505 DEMONBREUN CRESCENT MUSIC ROW THE GOSSETT 1200 BROADWAY 1201 DEMONBREUN 2 19TH AVE S TH AVE S BROADWAY DIVISION STREET 18TH AVE S 15 MUSIC SQUARE W MUSIC SQUARE E 17 DIVISION STREET 19 12TH AVE S N 23 TWELVE TWELVE 24 TERRAZO BROADWAY 26 GULCH CROSSING 27 VELOCITY IN THE GULCH 28 PINE STREET FLATS 29 THE THOMPSON HOTEL 30 ICON IN THE GULCH 31 FAIRFIELD INN & SUITES 32 NASHVILLE YARDS 33 UNION STATION HOTEL 34 FRIST ART MUSEUM 35 CUMMINS STATION 36 JW MARRIOTT 37 THE WESTIN NASHVILLE DEMONBREUN 1601 BROADWAY 5
6 site access SYLVAN HEIGHTS CHARLOTTE AVE ELLISTON PLACE MIDTOWN WEST END AVE CHURCH STREET BROADWAY 16TH AVE S DIVISION STREET BROADWAY 40 DEMONBREUN DIVISION STREET THE GULCH SOBRO 24 MUSIC ROW WEST END PARK VANDERBILT UNIVERSITY 21ST AVE 12TH AVE S 8TH AVE S WEST END AVE BELMONT UNIVERSITY EDGEHILL AVE EDGEHILL 65 BLAKEMORE AVE 440 HILLSBORO/ WEST END WEDGEWOOD AVE N 1601 BROADWAY 6
7 immediate area - west AERTSON MIDTOWN SKYHOUSE APARTMENTS HUTTON HOTEL ST. THOMAS MIDTOWN HOME2 SUITES BY HILTON ALOFT HOTEL RESIDENCE INN BY MARRIOTT 1818 CHURCH APARTMENTS THE CADENCE APARTMENTS BROADWEST (UNDER DEVELOPMENT) DESANO S PIZZA & BAKERY N 1601 BROADWAY 7
8 immediate area - east NASHVILLE YARDS (UNDER DEVELOPMENT) 1200 BROADWAY (UNDER DEVELOPMENT) BRIDGESTONE TOWER JW MARRIOTT THE GOSSETT APARTMENTS 5TH & BROADWAY (UNDER DEVELOPMENT) VIRAGO, SAINT AÑEJO, KAYNE PRIME, WHISKEY KITCHEN GULCH UNION/ 1222 DEMONBREUN (UNDER DEVELOPMENT) GULCH CROSSING TWELVE TWELVE THE THOMPSON HOTEL DEMONBREUN HILL THE CADENCE APARTMENTS N 1601 BROADWAY 8
9 demographics POPULATION 1 MILE 2 MILE 3 MILE 2018 Population 18,867 65, , Projected Population 19,551 68, ,812 HOUSEHOLDS 2018 # of Households 7,997 28,927 52, Projected Households 8,726 31,522 57, Household Income $ 59,271 $ 62,642 $71,805 ECONOMIC 2018 Total Businesses 5,127 11,018 14, Total Employees 83, , ,363 (Clockwise from Top Left: Broadwest, Virgin Hotel; Kenect Nashville, Aertson Midtown) 1601 BROADWAY 9
10 FOR MORE INFORMATION & PRICING GUIDANCE, CONTACT GREG COLEMAN, CCIM REAL ESTATE DESIGN DEVELOPMENT ROB LOWE, CCIM ROBBY DAVIS, CCIM, SIOR
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