Nashville Area Chamber of Commerce Announces Move to Capitol View

NashvilleChamber.com

The Nashville Area Chamber of Commerce announced Friday, August 16, that it will relocate its offices next spring to Capitol View. The new space is being built out specifically for the Chamber and will allow the organization to continue to grow and provide its members with opportunities to network and engage with fellow business leaders.

“As a regional chamber, we felt it was important to be centrally located, and remaining downtown was one of our primary goals as our lease expired,” said Ralph Schulz, president and CEO of the Nashville Area Chamber of Commerce. “We look forward to welcoming and continuing to serve our members at our new space at Capitol View in spring 2020.”

The office will be located in the new office building at Capitol View, 500 11th Ave. North. The Chamber’s space will enable the organization to remain a part of Nashville’s downtown core and continue serving its more than 2,000 member companies.

The Nashville Health Care Council will also move and co-locate with the Chamber, joining a number of companies in Capitol View, including HCA Healthcare, WeWork, HealthStream, Parallon, Sarah Cannon, LifeWay and ProviderTrust. The development also includes the soon-to-be-open Frankie Pierce Park, which serves as a trail head for the Nashville Greenway, linking the district to various biking and walking trails in Davidson County.

“The addition of the Chamber to the district will be a key contributor to the business innovation, collaboration and growth at Capitol View,” said Jeff Haynes, partner at Boyle and developer of Capitol View. “Our vision for Capitol View was to create a true community of Nashville residents, business leaders and organizations. The mission of the Chamber perfectly aligns with our goals and will continue to strengthen the community being built.”

The Nashville Area Chamber of Commerce is Middle Tennessee’s largest regional business association with a purpose of creating economic prosperity by facilitating community leadership. The Chamber’s relocation allows the organization to build a space that meets current and future needs, while continuing to invest in the growth of the region.

With this lease, the Capitol View office at 500 11thAve. North is 75 percent leased. This is significantly ahead of projections, and is a testament to how the market is responding to the years of thoughtful planning and execution of the mixed-use district.

Capitol View is home to numerous restaurants and retailers, including Jón Alan Salon, Clean Juice, drybar, Starbucks, Your Pie, M.L.Rose, SVM Boutique, Sercy + Co., Club Pilates, and Valerie Boutique. Retailers coming soon include Publix, HOTBOX, Rukus Cycling Studio, VICI and Central BBQ.

The Capitol View district is also home to The Residences at Capitol View, a 378-unit, multifamily, luxury residential community, which is more than 90 percent leased.

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Nashville chamber moving to Charlotte Avenue development

Nashville Business Journal

The region’s largest chamber of commerce is moving out of the heart of downtown Nashville, and into a new $750 million mixed-use development.

The Nashville Area Chamber of Commerce signed a lease Friday for space at the Capitol View development along Charlotte Avenue. The chamber has been based at the building at 211 Commerce St. since it opened 20 years ago. The chamber shares some of that space with the Nashville Health Care Council, which will follow the chamber to Capitol View.

One of the chamber’s roles is spearheading economic development and business recruiting efforts for Metro — including, for example, orchestrating Nashville’s bid for Amazon that culminated in the retail giant’s late-2018 announcement of a 5,000-job operations hub. The chamber also has been a leading voice advocating for more robust mass transit.

“We’re excited to be able to remain downtown. It’s so central to the success of the entire region. It was really a priority for us to stay in the downtown area,” said Ralph Schulz, president and CEO of the chamber, which has 2,000 member companies.

Like many companies, the chamber is taking less office space by moving into a new building with a more efficient layout. Together, the chamber and health care council will occupy 17,000 square feet, which is about 30% less than its existing footprint on Commerce Street.

The chamber employs about 45 people, according to its website.

Other tenants in the 10-story office building, at 500 11th Ave. N., include HealthStream Inc. (Nasdaq: HSTM) and co-working giant WeWork Cos. The office building opened in April and is now 75% leased, said Jeff Haynes, co-managing partner of developer Boyle Investment Co.’s Middle Tennessee operation. At the current pace, the building will be all but full within the next six months, Haynes said.

The move also places the chamber in the same development as subsidiaries of HCA Healthcare Inc. (NYSE: HCA). The hospital chain gave rise to the region’s reputation as a premier health care hub and remains one of its dominant, highest-profile employers. Also in the development is the headquarters of LifeWay Christian Resources, a forthcoming Publix, a Hampton Inn & Suites hotel and 378 apartments. Boyle Investment Co. is leading the overall development alongside the real estate investment arm of Northwestern Mutual.

The chamber’s lease there ends May 1, 2020. Other notable tenants have weighed potential moves. The law firm Baker Donelson, whose name is atop the building, had announced a move to a tower proposed at the Korean Veterans Boulevard roundabout, though that deal later fell apart. FirstBank (NYSE: FBK) also has been exploring its options.

Brokerage firm CBRE Inc. (NYSE: CBRE) represents the building’s ownership. Nashville’s The Mathews Co. developed the building 20 years ago.

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Chamber moving to Capitol View in North Gulch

Nashville Post

Entity has been at 211 Commerce in CBD for 20 years

The Nashville Area Chamber of Commerce will relocate next spring to Capitol View in the North Gulch from the central business district.

Chamber officials announced the move Friday morning during an event at its future home at 500 11th Ave. N. About 50 people work for the organization, which has been based in the 11-story building at 211 Commerce St. since 1999. The Nashville Health Care Council, which shares space with the chamber, will also move to the North Gulch building.

The release does not note any other office buildings the chamber might have considered, the cost to undertake the move or terms of the lease.

“As a regional chamber, we felt it was important to be centrally located, and remaining downtown was one of our primary goals as our lease expired,” Ralph Schulz, the chamber’s president and CEO, said in the release.

The 10-story office building in Capitol View already is home to HealthStream, KCI Technologies and WeWork, among others. With the lease, 500 11th Ave. N. is 75 percent leased, the release noted.

The 32-acre Capitol View project, which eventually will offer 1.1 million square of office space, also is home to a Pinnacle Financial Partners and First Advantage Bank offices, LifeWay Christian Resources, M.L.Rose and a Starbucks location, among others. Other retailers lined up include Publix, Central BBQ, Clean Juice and CareNow.

The office component of The Residences at Capitol View (a 378-unit luxury apartment, office and retail building) is fully leased.

Capitol View is a joint venture between Northwestern Mutual, Boyle Investment Co. and Northwood Ravin.

Jeff Haynes, a Boyle partner, said the addition of the chamber will be a “key contributor to the business innovation, collaboration and growth” at Capitol View.

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Capitol View lands women’s clothing retailer

Nashville Post

Mississippi-based L.A. Green chooses North Gulch building for first store in Tennessee

A women’s clothing and accessories boutique based in Starkville, Mississippi, will open its first location in Tennessee in November at Capitol View in the North Gulch.

L.A. Green will operate from the mixed-use building home to retail, The Residences at Capitol View and, this fall, a Publix grocery store. The address is 1012 Nelson Merry St.

Lauren Ann Cooper founded the L.A. Green franchise in 2011. Along with her Starkville home store, she has opened locations in Buckhead, Atlanta, and Tupelo, Mississippi. L.A. Green carries more than 50 brands, including its own private label — Forever Lovely.

Anna Caroline Toms is the local franchise owner. Toms, who is currently working as the office manager at the Starkville L.A. Green, expects to have one employee and will use interns to assist.

“After months of searching for the perfect spot to call L.A. Green’s new home, I kept finding myself going back to Capitol View,” Toms said. “I fell in love with the area as a whole and every person I interacted with there. With each visit, I could see how quickly Capitol View was growing into something special and the enthusiasm of the other business owners and residents was inspiring.”

L.A. Green is the latest in a string of women-owned businesses opting for Capitol View. Among others are SVM Boutique, Valerie Boutique and VICI.

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TriStar to open urgent care in North Gulch

Nashville Post

HCA Healthcare’s local division TriStar Health will open its fifteenth CareNow Urgent Care location in the North Gulch.

CareNow will offer care for non-life-threatening illnesses and injuries, as well as physicals, vaccinations and check-ups, and X-ray and lab services. The 3,000 square-foot clinic will be located at 1020 Dr. Martin Luther King Jr. Blvd. and feature six exam rooms, according to a press release. The building, which also includes apartments, will soon see the opening of a Publix grocery store.

“This new downtown location allows our providers to offer patients in the rapidly growing North Gulch community convenient access to high-quality, non-emergency care close to where they live and work,” Heather Rohan, TriStar Health President and Chief Executive Officer, said in the release. “The new clinic is fully designed to offer the best possible experience for our patients.”

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HCA’s TriStar to open downtown clinic

Nashville Business Journal 

Downtown residents and workers will soon have a new health care option steps from the State Capitol.

TriStar Health is set to open a CareNow Urgent Care clinic at 1020 Dr. Martin Luther King Jr. Boulevard on Aug. 6, according to a news release. The 3,000-square-foot clinic will be housed inside the Capitol View development and will feature six exam rooms.

The downtown location, TriStar’s 15th CareNow clinic, will provide care for non-life-threatening illnesses and injuries, and offer occupational medicine services, such as drug testing, to local employers, according to the release.

“This new downtown location allows our providers to offer patients in the rapidly growing North Gulch community convenient access to high-quality, non-emergency care close to where they live and work,” TriStar President and CEO Heather Rohan said in the release. “The new clinic is fully designed to offer the best possible experience for our patients.”

TriStar is a division of Nashville-based HCA Healthcare Inc. (NYSE: HCA). Capitol View houses the offices of several HCA subsidiaries, including Sarah Cannon, HealthTrust and Parallon.

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Bridge Connector relocating to Capitol View

Nashville Post

Health tech company will join HCA, HealthStream, Parallon

Nashville-based health care tech company Bridge Connector is relocating its downtown headquarters to mixed-use district Capitol View to accommodate its expanding team.

Capitol View is home to a number of health care companies, including HCA Healthcare, HealthStream, Parallon, Sarah Cannon and ProviderTrust. The mixed-use development also includes the soon-to-be-open Frankie Pierce Park, which serves as a trail head for the Nashville Greenway.

Since moving its headquarters to Nashville from Florida in early 2018, Bridge Connector has been operating in the Fifth Third Center space previously occupied by Intermedix. The move to Capitol View will allow the company to continue to grow its staff and recruit talent in the Nashville market, according to a press release. The office is set to open early 2020 and will be located in a building (pictured) at 500 11th Ave. N. and home to the aforementioned HealthStream.

“Capitol View is quickly becoming a hub for the health care industry in Nashville, and we couldn’t turn down an opportunity to be a neighbor to a growing number of like-minded and innovative companies,” Judson Lathe, chief operating officer at Bridge Connector, said in the release. “It’s hard to not be excited about this district; it has everything you could ask for in a modern working environment, and our employees are looking forward to being a part of the community.”

Founded in 2017, Bridge Connector was created as a way for health systems, insurance companies and health care organizations to share data more effective. The company currently serves more than 40 clients throughout 1,000 facilities with expectations to gain up to 150 new clients by the end of the year.

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April 03, 2020

The Commercial Appeal By Ted Evanoff Boyle Investment Company has bought four Poplar Corridor office buildings from Highwood Properties. Boyle, a Memphis-based real estate firm, announced the purchase Wednesday. The four properties include the prominent Triad Centre and International Place II buildings and contain 600,000 square feet of office space in total. “Boyle has been […]

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The Daily Memphian By Tom Bailey A deep-rooted hometown company has bought four, premier office buildings in East Memphis from an out-of-state firm divesting itself from the city. Boyle Investment Co. purchased from Highwoods Properties the three Triad Centre buildings at 6000, 6060 and 6070 Poplar, and the International Place II Tower at 6410 Poplar. […]

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April 01, 2020

MEMPHIS, TN – April 1, 2020 – Boyle Investment Company, through an affiliate Poplar Corridor Investments, LLC, is pleased to announce the acquisition of four “Class A” office buildings from Highwoods Properties, Inc. totaling around 600,000 square feet which includes the Triad Centre and International Place II. This transaction is an affirmation of Boyle’s long-term […]

Fast-growing health-tech company on the move to high-profile project

Nashville Business Journal

A fast-growing health care technology company will relocate its office to a growing North Gulch development.

Software company Bridge Connector signed a lease in late June for 36,000 square feet of space in the Capitol View development, company CEO David Wenger said. Wenger said the company plans to move into the development in February.

Bridge Connector’s software connects two separate systems, such as a customer-relationship management platform and an electronic medical record, so data can automatically be shared between the two at hospitals and other health care entities.

Rapid growth has led the company to search for a larger home. The company, which launched in January 2018 and moved its headquarters from Florida to Nashville at the start of this year, has grown from five employees to more than 100. Bridge Connector also maintains offices in Palm Beach Gardens and San Francisco.

The company currently leases the 24th floor of downtown’s Fifth Third Center. Wenger said he was attracted to Capitol View because of the abundance of health care companies located in the development. Other health care companies in the development include two HCA subsidiaries, HealthTrust and Parallon.

In its new office space, Bridge Connector will be able to accommodate up to 225 employees, Wenger said; he hopes to reach that size in the next 12 to 18 months.

Expanding its office space stands as the latest example of the company’s growth. Bridge Connector bought Nashville software startup ZagHop in June, two months after closing a $10 million round of funding in April.

Capitol View, a 32-acre mixed-use property on Charlotte Avenue, is designed to include 1.1 million square feet of office space and has attracted a variety of corporate headquarters and offices. Co-working corporation WeWork announced in March plans to open a 65,000-square-foot office in Capitol View. LifeWay Christian Resources is also headquartered in the development.

The development’s office space is quickly filling up. Capitol View is down to two floors of rentable office space, said Thomas McDaniel, Director of Office Properties for Capitol View developer Boyle Investment Co. There is about 70,000 square feet of space in these two floors, McDaniel said.

Capitol View, developed by Boyle with financial backing from Northwestern Mutual, is also set to include about 600 apartments, 130,000 square feet of retail, a pair of hotels and a public park, among other features. Publix Super Markets Inc. will open one of its urban stores inside the development, at the corner of Charlotte Avenue and 11th Avenue North.

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Boyle Investment Expands Its Poplar Corridor Holdings

April 03, 2020

The Commercial Appeal By Ted Evanoff Boyle Investment Company has bought four Poplar Corridor office buildings from Highwood Properties. Boyle, a Memphis-based real estate firm, announced the purchase Wednesday. The four properties include the prominent Triad Centre and International Place II buildings and contain 600,000 square feet of office space in total. “Boyle has been […]

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The Daily Memphian By Tom Bailey A deep-rooted hometown company has bought four, premier office buildings in East Memphis from an out-of-state firm divesting itself from the city. Boyle Investment Co. purchased from Highwoods Properties the three Triad Centre buildings at 6000, 6060 and 6070 Poplar, and the International Place II Tower at 6410 Poplar. […]

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April 01, 2020

MEMPHIS, TN – April 1, 2020 – Boyle Investment Company, through an affiliate Poplar Corridor Investments, LLC, is pleased to announce the acquisition of four “Class A” office buildings from Highwoods Properties, Inc. totaling around 600,000 square feet which includes the Triad Centre and International Place II. This transaction is an affirmation of Boyle’s long-term […]

Nashville’s Newest Buzz-Worthy Neighborhood is Capitol View

StyleBlueprint

Just north of the bustling Gulch neighborhood sits a 32-acre development called Capitol View. The first of its kind in Nashville, the “multi-use urban district” is home to retail stores, restaurants, fitness studios, apartments and more. The joint venture of Northwestern MutualBoyle Investment Company and Northwood Ravin was established in 2017 and also includes the corporate offices of HCA and LifeWay. The development brings a unique, walkable mini-neighborhood to the heart of downtown, offering string light-lined streets and healthy local eats, as well as larger national brands that specifically selected this area to open their doors in Nashville.

One of the familiar friendly faces you’ll find in Capitol View? Nashville’s beloved M.L. Rose. The craft beer and burger joint was one of the very first to open in Capitol View in 2017. Owner Austin Ray explains that it’s not the first time that he and his team have chosen to open in a not-yet-established neighborhood. They went in early to both the Melrose and Charlotte Avenue locations and with purpose. He tells us, “It’s been one of the most rewarding things as a neighborhood pub owner watching neighborhoods grow around a location.”

Austin was searching for a third M.L. Rose location, and once he learned about the development, he knew he’d found it. Capitol View is readily accessible to so many of Nashville’s hottest areas — near Bicentennial Mall and Germantown, right on the border of downtown, connecting with the Gulch via not just 11th Avenue but also the Gulch Greenway, and then you have Marathon Music Works just around the corner. Austin tells us, “The connectivity was unprecedented.” That’s likely why you will see so many local and non-local businesses establishing first, second or, in this case, third locations in the development. Well, that and the parking. Marla Skipper of SVM Boutique puts the thoughts of all residents into words: “The perks of free parking are unmatched!”

Sercy + Co. opened its first location in Capitol View earlier this year, filling their shop with beautiful, thoughtful gifts from candles, candies and books to cards, glassware and journals. The idea stemmed from the Southern tradition of “sercies,” or little just-because gifts meant to make you smile. The bright store invites browsing and shopping for a special surprise, and we recommend chatting with the fabulous team who can guide you through the stories of each item they carry.

New to Nashville, VICI, a popular women’s clothing store, will open its first location outside of California at Capitol View. They have a giant online presence but just two brick and mortar stores in California. They have a very loyal customer base in the Nashville area, though, so they began the search for a storefront here. Like Austin, they were struck by the walkability and accessible location of Capitol View and decided they’d found the place. Their VP of Buying and Marketing, Aimee Dudum Colorado, tells us, “Capitol View will be the perfect home for VICI, centrally located and next to all the errands and appointments a VICI girl does on the daily!”

Mark Traylor, a partner of Capitol View, explains the mission behind their development. “Our vision for Capitol View is to provide Nashville with the first all-encompassing district where you can shop, eat, work and live without leaving the neighborhood. Capitol View has been intentionally built to foster community, and we’re proud that so many retailers, restaurants and businesses have chosen to open their doors here.”

A community is forming, and we hear that straight from the source. Austin of M.L. Rose laughs, “If you have the beer place, you end up getting to know everyone.” It just so happens that M.L. Rose’s bar has been a gathering place for not just the residents of Capitol View, but also the new retailers, restaurateurs and other business people in the community. Their outdoor-facing bar is usually seated with a mix of people, all interacting with one another, both at the bar and in Capitol View. Below, find out what’s open, what’s coming and what else you can expect for the future of Capitol View.

NOW OPEN

Food & Drink:

  • Clean Juice: This place is so much more than juice and smoothies! They have açaí bowls, toasts, grain bowls and salads. We’re fans of the protein toast, topped with avocado and hard-boiled egg. The menu is organic and clean, and the interior is too.
  • M.L. Rose: It’s a Nashville favorite for a reason. Visit on Wednesday nights at 6 p.m. for trivia, and enjoy their wide selection of both craft brews and craft burgers. (SB TIP: It’s one of Nashville’s least-known patios … for now!)
  • Starbucks: For a necessary pre-workout dose of caffeine
  • Your Pie: Don’t let the chain vibe deceive you! This build-your-own pizza place is fresh and addictive. They have whole wheat and gluten-free crusts as well as reasonable prices.

Fashion & Shopping:

  • Sercy+Co: This charming store is stocked with Southern gifts and goods. Duck in to browse or find a goodie for a birthday or “just because” gift.
  • SVM: The shelves of SVM hold chic, on-trend clothing at affordable prices. Their fabulous team will style you for a night out or help you find the perfect pair of jeans.
  • Valerie: This Tennessee women’s boutique got its start in Cool Springs and chose Capitol View as its second location. Find trendy clothing, fun t-shirts and other accessories.

Health & Beauty:

  • Club Pilates: Club Pilates also chose to open in Capitol View due to its convenient location (and ample parking!). Try one of their many class options from early morning to evening, seven days a week.
  • drybar: drybar brings its famous “blow dry only” salon concept to Nashville. Whether a visiting bachelorette party headed to Broadway or a local attending a Saturday event, drybar is your resource in Capitol View.
  • Jón Alan Aveda Salon: This high-end salon offers hair cuts, colors and treatments, spa treatments and more.

Coming Soon …

… and more! Stay tuned.

Recent News

Boyle Investment Expands Its Poplar Corridor Holdings

April 03, 2020

The Commercial Appeal By Ted Evanoff Boyle Investment Company has bought four Poplar Corridor office buildings from Highwood Properties. Boyle, a Memphis-based real estate firm, announced the purchase Wednesday. The four properties include the prominent Triad Centre and International Place II buildings and contain 600,000 square feet of office space in total. “Boyle has been […]

Boyle Buys Four Highwoods Office Buildings

April 01, 2020

The Daily Memphian By Tom Bailey A deep-rooted hometown company has bought four, premier office buildings in East Memphis from an out-of-state firm divesting itself from the city. Boyle Investment Co. purchased from Highwoods Properties the three Triad Centre buildings at 6000, 6060 and 6070 Poplar, and the International Place II Tower at 6410 Poplar. […]

Boyle Announces Acquisition of Four “Class A” Office Buildings

April 01, 2020

MEMPHIS, TN – April 1, 2020 – Boyle Investment Company, through an affiliate Poplar Corridor Investments, LLC, is pleased to announce the acquisition of four “Class A” office buildings from Highwoods Properties, Inc. totaling around 600,000 square feet which includes the Triad Centre and International Place II. This transaction is an affirmation of Boyle’s long-term […]

Hard-hat tour: Major Cool Springs development quickly taking shape

Nashville Business Journal

McEwen Northside Franklin office buildingReal estate developers have teed up at least seven mixed-use projects in the pipeline on the east side of I-65, in the Cool Springs commercial hub.

But for right now, you’ll find most of the construction equipment on the other side of the highway — bringing to life a 45-acre property that’s been a target for development for at least the past dozen years.

The first buildings in the $270 million McEwen Northside project debut later this year. It’s a landmark checkpoint for developers Boyle Investment Co. and Northwood Ravin, as well as their financier, a wing of Northwestern Mutual Life Insurance Co.

The site on McEwen Drive, across from a Whole Foods and a Bricktop’s restaurant, cycled through a number of owners and potential developers over those years. Thomas McDaniel, who oversees Boyle’s Middle Tennessee office portfolio, said on a site tour this month that the project’s mix of office, retail and apartments plays off work Boyle has been doing in this part of the market since at least the mid-2000s, when the company created the Meridian mixed-use development on the other side of I-65.

“We believe this is tailor-made for us,” McDaniel said.

Tenants announced so far include Williamson Inc., Club Pilates, Tiff’s Treats, Prose nail boutique — and Perry’s Steakhouse & Grille. McDaniel said the fact that the Houston-based chain is choosing Cool Springs for its first Middle Tennessee location validates the vision behind McEwen Northside.

“On the amenity side, [Cool Springs] is really just national chains. It’s not walkable. There’s no ‘district.’ We’re trying to counteract all that,” McDaniel said.

Click on the slideshow with this story to nose in on the progress Bell & Associates Construction is making.

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The Commercial Appeal By Ted Evanoff Boyle Investment Company has bought four Poplar Corridor office buildings from Highwood Properties. Boyle, a Memphis-based real estate firm, announced the purchase Wednesday. The four properties include the prominent Triad Centre and International Place II buildings and contain 600,000 square feet of office space in total. “Boyle has been […]

Boyle Buys Four Highwoods Office Buildings

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The Daily Memphian By Tom Bailey A deep-rooted hometown company has bought four, premier office buildings in East Memphis from an out-of-state firm divesting itself from the city. Boyle Investment Co. purchased from Highwoods Properties the three Triad Centre buildings at 6000, 6060 and 6070 Poplar, and the International Place II Tower at 6410 Poplar. […]

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MEMPHIS, TN – April 1, 2020 – Boyle Investment Company, through an affiliate Poplar Corridor Investments, LLC, is pleased to announce the acquisition of four “Class A” office buildings from Highwoods Properties, Inc. totaling around 600,000 square feet which includes the Triad Centre and International Place II. This transaction is an affirmation of Boyle’s long-term […]

Franklin, Cool Springs becomes hub for mixed-use construction

Community Impact Newspaper

With more than 1 million square feet of office, retail and residential space under construction or planned in Franklin and Cool Springs over the next few years, it comes as no surprise for residents to see construction along major corridors these days. However, behind the cranes and steel beams is a growing trend.

Several mixed-use developments—projects featuring a combination of uses, such as office, residential and retail—have been established in the area recently with plans for more coming online.

“I think a major catalyst that helps that along is Envision Franklin—that’s our long-range planning document,” said Amy Diaz-Barriga, current planning supervisor for the city of Franklin. “We’ve always had one as a city, but we did an update to it in 2017. And part of that was to really promote the idea that you should mix living and working and playing all in the same area. It’s a trend all over the country, but we hadn’t seen it here.”

Projects including McEwen Northside, Mallory Green and Harpeth Square have all began development in just the past couple of years and are already under construction, with some tenants already moved in or expected to open as early as this summer. Others, such as East Works District, are still in the early phases of planning.

As part of the city’s Zone Franklin project, a draft of which was released in late May, the city is working to imagine how parts of the city, including Cool Springs, will look as more developers come into the area.

“You can’t expect Cool Springs to be downtown [Franklin],” Ward 1 Alderperson Beverly Berger said. “The culture of that [area]is going to be the new, younger, hipper place to be in Cool Springs. Some people want to be downtown, too, because that’s cool as well. Even though it’s very historic, it’s got a lot of character. But we need to bring more character to Cool Springs. We have good things in the space.”

The next open house for residents to provide input will be held Aug. 15, and the Zone Franklin plan is ultimately expected to be adopted in early 2020, according to a May 29 release from the city.

Meeting demand

As residential growth continues in the area, developers said these mixed-use projects are in response to changing market demands.

“I think we’re beginning to see the demographics begin to change,” said Phil Fawcett, managing partner for Boyle, the company developing McEwen Northside. “We’re seeing an increase in empty nesters. We’re seeing an increase in young professionals, which we’re responding to and changing the character of what we’re delivering.”

A common theme of mixed-use projects in the area features retail, office space and restaurants along the ground floor with residential units on the upper floors and hotels or other uses close nearby.

“[Mixed-use is] the trend across the country; there’s always a market segment that wants to live out[side the city]and they want more land there. They’re fine not being connected,” said Steve Bacon, chief operating officer for Harpeth Associates, the developer of Harpeth Square. “But there’s a big part of the segment that think it’s kind of cool that they can get out of the house, or wherever they’re living at a condo or apartment, and walk to somewhere to eat, walk to an event and not have to use the car.”

More than 700 apartment homes are slated for the Cool Springs area, according to site plans, which is expected to add to area growth. In a 2019 survey released in May, 38% of surveyed residents said growth and development were the biggest challenge facing the city, which was the No. 1 response. However, Berger said the development is appropriate for the area.

“What people don’t understand is Cool Springs was designed originally to hold a lot of density to be around the interstate, [for]future apartments, to put future workspaces, like corporations [and]bigger buildings,” she said.

While growth is a concern for residents, Diaz-Barriga said new development does not necessarily mean constructing a new building on previously undeveloped land. East Works District, located on the site of The Carothers Building on Carothers Parkway, has submitted plans to create more buildings and uses in and around the existing development.

“You can always redevelop sites, and I think we might see that trend coming forward,” Diaz-Barriga said. Especially in that I-65 corridor, where there’s lots and lots of parking lots, I think the trend will be that the parking lots will turn into parking structures, which frees up a lot of land to do these developments.”

Many of the mixed-use centers coming to the area are in line with development standards for the city of Franklin, Diaz-Barriga said. She said when the city’s planning department sees plans for a new mixed-use development, staffers are looking for integration of varying uses throughout the center.

“When a developer comes with one of these mixed-use centers, I think one of our goals is to see that is truly a mix of uses,” Diaz-Barriga said. “There’s a mix horizontally and vertically, not just a building with some apartments next to an office building next to a shopping center.”

Making connections

City officials and developers say one large advantage to mixed-use centers is their ability to provide more connectivity in the area, either by creating more walkable areas surrounding the development or by tying into existing infrastructure and transit.

Berger said older developments in the area do not necessarily provide the connections to surrounding residences and workplaces that the city would like to see.

“Now we’re finding out that these standalone office parks are really not a good thing, because you’re relying upon your car to get in and out all the time,” she said. “So, when you’re doing that you’re putting more traffic on the roads during the day. But we can improve the uses and keep people from having the need to get in their car and go out all the time during 8 a.m. to 5 p.m.”

Site plans for developments such as Mallory Green and McEwen Northside include sidewalks and trails to connect them to other areas near McEwen Drive and Mallory Lane to allow residents or employees to walk to restaurants, shopping and grocery stores. Additionally, Harpeth Square will tie into the existing sidewalks in downtown Franklin.

“I think that’s good for the street life, and that’s good for the restaurants that are down there,” Bacon said. “It adds to the vibrancy of the community. You want a walkable, connected community, but you got to give them reasons to want to walk and connect.”

Additionally, because several of the new developments are zoned along I-65 in Cool Springs, new residents and employees will have access to public transit, as they are close to the Franklin Transit Authority’s Blue Line routes, which spans from I-65 near the Williamson Medical Center and the CoolSprings Galleria to downtown Franklin. Diaz-Barriga and Berger said they are hopeful connections like these could help take cars off the road, improving area traffic.

“One [thing]I personally hope to see come out of this rise in centers is that it might spur some additional alternative transportation trends,” Diaz-Barriga said. “As things get denser and folks need to move not so far to get to all their different places, perhaps transit becomes more of a reality for Franklin. I think that would be great.”

Recent News

Boyle Investment Expands Its Poplar Corridor Holdings

April 03, 2020

The Commercial Appeal By Ted Evanoff Boyle Investment Company has bought four Poplar Corridor office buildings from Highwood Properties. Boyle, a Memphis-based real estate firm, announced the purchase Wednesday. The four properties include the prominent Triad Centre and International Place II buildings and contain 600,000 square feet of office space in total. “Boyle has been […]

Boyle Buys Four Highwoods Office Buildings

April 01, 2020

The Daily Memphian By Tom Bailey A deep-rooted hometown company has bought four, premier office buildings in East Memphis from an out-of-state firm divesting itself from the city. Boyle Investment Co. purchased from Highwoods Properties the three Triad Centre buildings at 6000, 6060 and 6070 Poplar, and the International Place II Tower at 6410 Poplar. […]

Boyle Announces Acquisition of Four “Class A” Office Buildings

April 01, 2020

MEMPHIS, TN – April 1, 2020 – Boyle Investment Company, through an affiliate Poplar Corridor Investments, LLC, is pleased to announce the acquisition of four “Class A” office buildings from Highwoods Properties, Inc. totaling around 600,000 square feet which includes the Triad Centre and International Place II. This transaction is an affirmation of Boyle’s long-term […]

McEwen Northside expecting to debut retail tenants this fall

Brentwood Home Page
It’s sunny skies for McEwen Northside, a brand new development currently under construction in Cool Springs.
Unlike much of suburban Franklin, this endeavor is going to be a fully walkable community where everything from residential to retail is available within its 45 acres of land, and it is soon nearing completion.
After starting construction early in 2018, Boyle Investment Company (led by Phil Fawcett) is expecting Phase One to be finished before the end of 2019 and as early as September. Phase one encompasses the space surrounding the Central Park, a building with restaurants, retailers, office suites, and more, all with easy access to outdoor recreational resources.
In order to create a fully self-sufficient neighborhood, various amounts of space is reserved for different aspects of this project, and progress is already under way.
Kirsten Cales, a spokesperson for this new development, said that so far, Tiff’s Treats, Perry’s Steakhouse, Club Pilates, and PROSE nail salon have all signed leases to bring everything from mouthwatering desserts and meals, intense aerobic workouts, and soothing manicures within an easily accessible community.
“While we are not able to discuss tenants that haven’t signed a lease yet, we are expecting man more retailers and restaurants, and we look forward to sharing more news soon, Grenier said.
Approximately 100,000 square feet is reserved for restaurants and retail space, and there are still several spots available.
Along with plenty of popular retailers, there will also be 580 luxury apartments with amenities like courtyards, a pool, workout facilities and gathering spaces, as well as an upscale 150-room hotel, all minutes away from local restaurants and stores and less than an hour away from Nashville.
Some additional 750,000 square feet is reserved for Class A office space available in a state-of-the-art campus.
To find out more about this new community and its availabilities, details about McEwen Northside can be found at https://mcewennorthside.com/.

Recent News

Boyle Investment Expands Its Poplar Corridor Holdings

April 03, 2020

The Commercial Appeal By Ted Evanoff Boyle Investment Company has bought four Poplar Corridor office buildings from Highwood Properties. Boyle, a Memphis-based real estate firm, announced the purchase Wednesday. The four properties include the prominent Triad Centre and International Place II buildings and contain 600,000 square feet of office space in total. “Boyle has been […]

Boyle Buys Four Highwoods Office Buildings

April 01, 2020

The Daily Memphian By Tom Bailey A deep-rooted hometown company has bought four, premier office buildings in East Memphis from an out-of-state firm divesting itself from the city. Boyle Investment Co. purchased from Highwoods Properties the three Triad Centre buildings at 6000, 6060 and 6070 Poplar, and the International Place II Tower at 6410 Poplar. […]

Boyle Announces Acquisition of Four “Class A” Office Buildings

April 01, 2020

MEMPHIS, TN – April 1, 2020 – Boyle Investment Company, through an affiliate Poplar Corridor Investments, LLC, is pleased to announce the acquisition of four “Class A” office buildings from Highwoods Properties, Inc. totaling around 600,000 square feet which includes the Triad Centre and International Place II. This transaction is an affirmation of Boyle’s long-term […]