October 21, 2016
Boyle reveals first glimpse of major Cool Springs development
The developers tag-teaming a $270 million development on one of the largest undeveloped properties in Cool Springs are embarking on the first quarter of that project.
New filings with the city of Franklin show that Northwood Ravin, of Charlotte, and Boyle Investment Co. plan to create 338 residential units and a seven-story office building on a back corner of the Northside at McEwen property, at 1130 W. McEwen Dr., across from the Whole Foods in Franklin.
Their plans include 180,000 square feet of office space, 28,000 square feet of retail and a pair of parking garages totaling a combined 1,124 parking spaces. The project is on the Oct. 27 agenda of the Franklin Municipal Planning Commission.
Northwood Ravin paid $27 million for the land in January, a year-and-a-half after the previous owner sought to offload it. Two other suitors dropped their purchase contracts before Northwood Ravin completed its deal, and then brought in Boyle Investment Co. The two have teamed on other projects, including Boyle’s Capitol View development downtown. They announced their partnership on this project in August.
The Northside at McEwen site represents one of the biggest projects on our Williamson Watch development map. Overall, the city has already approved the property for a total of 750,000 square feet of office space, 100,000 square feet of restaurants and retail, a 150-room hotel and 580 residential units.
Originally Published in the Nashville Business Journal
By Adam Sichko