Across the country, baby boomers and millennials alike are choosing a simpler lifestyle by downsizing from multi-family homes to luxury condo buildings. In fact, according to the Greater Nashville Association of REALTORS, condo closings in Nashville are up by 14 percent this year compared to just one year ago.
In addition, residents are choosing to live closer to Nashville’s urban core. More than 1,000 new residents have moved to downtown Nashville in 2016 alone and the downtown population is projected to grow by 29 percent by the end of 2017.
Walkability and the overall urban experience rank among the most common reasons individuals are choosing to move downtown, according to the most recent Downtown Nashville Residential Report. According to Mark Deutschmann, Village Real Estate Founder and CEO, interest in downtown luxury condos has increased in recent years. “There are many benefits to a boutique condo building, including convenience and little maintenance,” said Deutschmann.”Buyers are enthusiastic about being close to all of the action downtown. We are also seeing buyers — both in-town and new-to-town — who want to simplify by trading a big house outside of town for a luxury boutique building in the heart of town with upscale amenities.”
Would you like to simplify and live downtown? To learn more about CityLights convenient downtown location and upscale amenities, visit www.citylightstn.com.
The sun is setting behind the “Batman” building and the orange afterglow reflects perfectly on the Cumberland River below. A feasting table, elegantly set for 400 guests, runs down the center of the expansive and modern Seigenthaler bridge. Aerialists gracefully hang from the bridge’s beams as guests are invited to take their seats for a three-course meal overlooking the Nashville skyline. The stage has been set for one of Nashville’s most unique events, Dinner on the Bridge, an annual event that serves to raise money for Greenways for Nashville, a non-profit organization that supports Nashville’s greenways initiative.
Photo courtesy of Greenways for Nashville
Greenways for Nashville President, Mark Deutschmann, welcomed guests and talked about the importance of supporting Nashville’s trails and green spaces. In addition, Mayor Megan Barry addressed the group and shared a story about three important items that Mayor Karl Dean bequeathed to her that would become important to her term. One unusual item Dean left behind was a walking stick, as he told her she would be doing a lot of walking along Nashville’s beautiful trails during her term. In addition, Mayor Barry expressed her avid support for the Greenways and Greenways for Nashville.
Photo courtesy of Greenways for Nashville
Dinner commenced around 8:00 p.m. and guests were encouraged to mingle and savor miniature desserts at stations set up along the bridge. Guests conversed under the Seigenthaler Bridge’s warm glow and lingered as if they didn’t want the evening to end.
Dinner on the bridge is a once in a lifetime experience that is not to be missed. The date for next Year’s Dinner on the Bridge has not yet been set but the event traditionally takes place the last week in September. Continue to check the Greenways for Nashville website for updates.
Photo courtesy of Greenways for Nashville
This event — a stone’s throw from CityLights — is not to be missed. To learn more about Greenways for Nashville and next year’s Dinner on the Bridge, visit http://greenwaysfornashville.org.
Mayor Megan Barry’s administration is moving forward on plans to build a long-discussed $18 million pedestrian bridge that would connect downtown Nashville’s hip Gulch and SoBro neighborhoods after striking a preliminary deal to acquire land needed for its construction.
After months of negotiations, Barry is proposing Metro’s sale of the long-underutilized, 3-acre Clement Landport on Demonbreun Street to the nearby private office center Cummins Station for $7.56 million.
In exchange, the city would then pay $2.66 million to Cummins Station’s property owner for necessary easements to build and construct the east base of the 700-foot-long pedestrian bridge, which is conceived as a way to connect two growing neighborhoods that are severed by CSX railroad tracks.
The mayor’s office filed legislation with the council late Friday outlining the transaction, setting up a Sept. 20 council vote on the proposal.
The towering, architecturally eye-popping Gulch-SoBro bridge — celebrated by some, but scorned by others as an unneeded and expensive undertaking — was one of former Mayor Karl Dean’s final big-ticket capital items. But construction never started, even though the Metro Council voted to approve the project’s financing and initial land acquisition two years ago. Finalizing right-of-way acquisition, particularly involving land owned by Cummins Station, has held up the bridge from being built.
With the preliminary agreement now in place, Barry — who voted for the bridge as a councilwoman and has vowed to carry on the project as mayor — said the project is one step closer to becoming a reality.
“Once completed, the Gulch-SoBro Pedestrian Bridge will better connect residents and visitors to these thriving neighborhoods in a way that promotes tourism and economic activity,” Barry said in a statement. “Not only does this benefit our transit network for pedestrians, but the sale of the Landport will result in an infusion of capital funds to (the Metro Transit Authority) that will help to improve transit for bus riders throughout Davidson County.”
The Nashville Business Journal first reported on the deal between the mayor’s office and Cummins Station.
Zach Liff, president of Z-Integrated Capital & Management, which manages Cummins Station, declined to comment on the proposed transaction, which could open up development opportunities for Cummins Station on the Clement Landport site at 1011 Demonbreun St.
The high-profile property is across railroad tracks from the recently opened MarketStreet Enterprises’ Gulch Crossing office building. Liff is in the process of creating a master plan to guide the future development of properties he’s recently acquired around Cummins Station.
The Metro Transit Authority currently owns and operates the landport, which opened in 1998 after then-U.S. Rep. Bob Clement secured federal funds for the $4.6 million project. It was once conceived as the hub of a bustling regional passenger system in Nashville that would incorporate bus service, van pools and bicyclists.
From the outset, though, the landport struggled to draw activity and was later slammed by critics as a waste of taxpayer dollars. Today, the landport is used as a paid parking lot, and an MTA building on the site is vacant and locked shut. The site was last used for transit purposes in 2012.
Under Barry’s proposal, Metro government would purchase the landport from MTA for $8.4 million before the city would then sell the landport to Cummins Station. That sum matches the appraised value of the land. The funds generated from the sale of the landport are to be used for unidentified transit-related capital expenditures.
The landport site, which is toward the northern end of Cummins Station, does not sit on the footprint where the pedestrian bridge is targeted.
“The landport has been underutilized by MTA over the years, so this deal will help us to put our resources to best use in serving the citizens of Davidson County,” MTA CEO Steve Bland said in a statement.
“While we still must receive final approval from the Federal Transit Administration, we believe that the sale of this property and infusion of funds into our infrastructure are in the best interests of all Nashvillians who use our service.”
In October 2014, the council approved $1 million in initial land acquisition costs for the bridge, but additional right-of-way acquisition of property on the south end of the Cummins Station site has still been needed.
If the council signs off on the agreement between Metro and Cummins Station, the Metro Public Works department would begin working to engage the community on final designs of the bridge.
Though the Gulch-SoBro bridge is envisioned as a means to increase walkability between two neighborhoods that have carried the brunt of downtown’s recent growth, preliminary conceptual designs have called for a bold architectural plan that could make the bridge a destination itself.
A soaring 200-foot tower, visible across downtown, is to anchor the bridge on the SoBro end, with 30 multi-strand stay cables connecting the bridge to the tower. The bridge, 30 feet wide, also is designed to be accessible for bicyclists and pedestrians via staircases, ramps and glass elevators. It is to also feature bands of raised park space along its entire surface.
The Gulch-SoBro bridge has been a subject of criticism among Nashvillians who have demanded that more city investments should occur in neighborhoods, not just downtown. But after initially delaying a vote on Dean’s pedestrian bridge proposal in early 2014, the council months later voted 30-7 to approve land acquisition.
Easing concerns of council members was a restructured financing plan that relies on property tax revenues generated by seven Gulch properties that is to pay off debt on the bridge by 2022.
If you’ve ever spent time in other cities across the country, you come to appreciate Nashville’s rolling hills and sprawling green spaces.
Nashville’s Greenway System is made up of more than 80 miles of off-street multi-use greenway trails and various other types of trails within parks for walking, hiking, mountain biking and equestrian use.
With more than 20 multi-use, paved trails located throughout Nashville, you’ll never run out of green spaces to explore.
Here are five of Nashville’s most unique Greenways and Trails to check out this weekend:
1. Cumberland River Greenway: Downtown
3.5 miles, paved
Riverfront Park, along the Cumberland River River Greenway, has become one of Nashville’s most popular and most photographed trailways. Take in unobstructed panoramic views of downtown Nashville from the Seigenthaler Bridge and walk along the Cumberland River and watch the sunset reflect off the water.
2. White’s Creek Greenway at Fontanel
.08 miles paved and 2 miles primitive
This trail is the perfect spot for a reflective afternoon walk with man’s best friend. Mars Petcare helped sponsor this dog-friendly trail, installing sensory points throughout the trail. Along the trail, pass behind the Fontanel Mansion, the former compound of famed country singer Barbara Mandrell.
3. Harpeth River Greenway: Warner Park to Morton Mill
6 miles paved
This scenic trail is accessible from two trailheads in Edwin Warner Park and follows the beautiful Harpeth and Little Harpeth Rivers. There is also an expansive picnic area. This greenway is ideal for runners and bikers, as foot traffic is more spread out along the trail.
4. Centennial Park
photo credit: Kevin Schlatt
This trail within Nashville’s most photographed urban park is perfect for an early-morning or afternoon walk. Make a few laps around the 132-acre park and be sure to take a selfie in front of The Parthenon, Nashville’s most iconic landmark. This trail is better suited for walking than jogging because of the foot traffic, tourists, dog walkers, etc.
5. Fort Negley Historic Park
0.5 miles paved loop
Fort Negley is one of Nashville’s best-kept secrets. Where else in Nashville can you visit a historical landmark while exploring the great outdoors? Fort Negley Historic Park is a short trail perched above Wedgewood-Houston. The park also has excellent downtown views.
Nashville’s Greenways continue to evolve and there are several plans for expansion in the near future (see Nashville plans next vision for parks,greenways ). We don’t know about you, but we’re proud to live in a city with such beautiful public green spaces. So, get out there and explore Nashville!
One of the many benefits to living in a condo community is convenience. Living in a luxury condo building like CityLights gives you access to a myriad of modern amenities and allows you to live maintenance-free. Your HOA fees traditionally cover any maintenance to the property exterior and any upkeep to amenities, etc.
Here are 5 services that are traditionally covered by your HOA in a condo building:
1. City Services
City services covered by your HOA may include waste removal, water, and electric service for communal areas.
2. Pest Control
Pest control is traditionally maintained around the perimeter of the property by the HOA.
3. Maintenance of communal areas
Maintenance of communal areas may include exterior landscape, security around the property, and elevator maintenance.
4. Building Insurance
This traditionally includes insurance for the building itself and the property surrounding it.
5. Maintenance of Amenities and Operational Costs
Amenities often require substantial upkeep. Pools regularly have to be treated and staff may be hired for cleaning purposes. In addition, costs for staffing a lobby area may be absorbed by the HOA.
Condo fees can range anywhere from a couple hundred dollars a month to a few thousand dollars a month based on geographic region, square footage of your condo, and amenities or services that your building offers.
To learn more about HOA fees at CityLights, please contact our sales team.
Rebecca and Trevor Brown walk through the East Greenway Park development, where they have purchased a home. East Greenway Park will have 62 homes on 10 acres when fully developed.(Photo: Alan Poizner / For The Tennessean)Buy Photo
Nashville is hundreds of miles from the nearest ocean, but homebuyers in neighborhoods close to parks and greenways have discovered the city’s equivalent of beachfront property.
“Property around the park has been treated like oceanfront property in Nashville, where values have grown exponentially and retained themselves,” said Britnie Turner, founder and CEO of Aerial Development Group.
From urban neighborhoods and downtown to the suburbs, demand is growing for parkside homes.
Aerial recently sold several homes in East Nashville’s Shelby Hills neighborhood at prices between $700,000 and $800,000. The neighborhood is adjacent to Shelby Park.
“Several people commented, ‘why would we want to live in Green Hills and deal with that traffic when we could live in this beautiful park this close to downtown?’,” said Turner.
Development has wellness focus
Aerial is also developing East Greenway Park in East Nashville’s Rosebank neighborhood. The neighborhood, at the intersection of Eastland and Rosebank avenues, has direct access to the Shelby Bottoms Greenway and is designed as a wellness community where outdoor activities are encouraged.
East Greenway Park will have 62 homes on 10 acres when fully developed. Homes range from 1,250 to 2,400 square feet. Prices were initially set in the $225,000 to $375,000 and higher range.
“We just went to market on East Greenway Park last week and are already 60 percent sold out of the first phase. People are loving the park,” said Turner.
Seeking an outdoor lifestyle
Rebecca and Trevor Brown are looking forward to moving into their new home in East Greenway Park after it is completed early next year.
For the Browns, who operate CrossFit Gulch in Nashville, the location next to the Shelby Bottoms Greenway was a key factor in their decision to buy their home.
“I plan to run on the greenway. My husband bikes and runs. We’re excited to be near Cornelia Fort,” the 130-acre former airpark that was added to the greenway a few years ago, she said.
They understood that buying a new home inside the city, where the price of land is high, meant they would not have a large yard. Instead, the park will serve that purpose.
The Browns, who have one child and are planning for more, look forward to having an outdoor lifestyle in the park.
“All the space kids can play and not worry about cars and people,” said Rebecca Brown.
New residences near greenway
In the Rutledge Hill neighborhood on the south side of downtown, Village Real Estate Services is marketing condominiums in CityLights, a 71-residence building being developed close to the Cumberland River Greenway and the 11-acre park surrounding Ascend Amphitheater.
Prices in the seven-story building, which will be at 20 Rutledge St., range from the high $500,000s to $3.2 million. Residents are expected to move in by early 2018.
“CityLights is in an incredible location, with easy access to event venues, Riverfront Park and our greenway system, which is getting more fully developed every day,” said Mark Deutschmann, a founder of Village Real Estate Services.
“We now have a 26-mile contiguous Nashville greenway, from Percy Priest Dam to downtown across the Shelby Street Bridge to Metro Center and beyond. Living near parks and greenways encourages a healthy, active lifestyle, and more Nashvillians are seeking that lifestyle,” said Deutschmann. He is president of the board of directors for Greenways for Nashville.
On the west side of the city, Village is selling condos in Poston at the Park at 30th and Poston avenues. The 27-unit luxury building overlooks Centennial Park. Prices range from $599,200 to more than $2 million.
”The neighborhoods near Centennial Park have been discovered and are developing rapidly because of the convenient location. Poston at the Park is steps away from Centennial Park and a short walk to West End restaurants and services, the new master-planned park system and the recently announced 440 Greenway, which originates in Centennial Park,” said Deutschmann.
On Belwood Street, a short walk from Centennial Park, Regent Homes is building townhomes priced from the $400,000s to about $699,000. They sold before they were built. The company is also building three condominiums priced in the $600,000s.
Subdivision preserves green space
On the southeast side of the city, Regent is developing the Carothers Farms subdivision adjacent to Cane Ridge Park. More than half of the neighborhood’s 500-acre site will be preserved as green space, said Regent Homes President David McGowan.
Townhome prices start in the $180,000s. Single-family cottage homes with about 1,400 square feet are priced from $249,000. Larger homes start at $289,000.
Construction of the first homes began in July; 17 have already been purchased. McGowan said being next to a park increases demand.
“No two ways about it,” said McGowan. “People like being near a park.”
With fewer than six months left in the year, The Nashville Symphony finishes out the season strong, with concerts like Lyle Lovett, Ben Folds, Boyz II Men, and its wildly popular movie series (Jurassic Park and Home Alone accompanied by the Symphony). Annual holiday favorites like “A Very Merry Pops” and “The Holiday Spectacular & Sing Along” are also taking place this December.
Next spring’s concert lineup is just as exciting — their classical series, movie series, and special guest stars are all part of the jam-packed season. Here are just a few of the highlights, but be sure to explore the entire 2017 calendar here.
The Planets — An HD Odyssey
January 12 – 15
Watch exclusive and rare footage from NASA made all the more vibrant through the Symphony’s musical accompaniment. Philip Glass’ Violin Concerto No. 1 and Josef Strauss Music of Spheres will take you on a magical journey into outer space. Perfect for all ages — this show is not to be missed.
Movies at the SCHERMERHORN Series
Harry Potter and the Sorcerer’s Stone™ January 6 and 7
Harry Potter and the Chamber of Secrets™ May 19 and 20
Relive all the thrills and excitement of J.K. Rowling’s Harry Potter™ series with the Nashville Symphony performing John Williams’ exuberant score live. The series starts in January with Harry Potter and the Sorcerer’s Stone™. But, you’ll have to wait until May to watch the second film in the series, Harry Potter and the Chamber of Secrets™.
Valentine’s with Frankie Valli and the Nashville Symphony
Feb. 14 and 15
The original “Jersey Boy,” Frank Valli is coming to Nashville on February 14 and 15. Spend Valentine’s night with your sweetheart and Franki Valli, the voice behind popular songs like “Can’t take my Eyes Off You” and “Sherry.” We encourage you to buy tickets now, as we suspect this show will sell out.
Feb. 16 – 18
Motown comes to Music City! While only one original member remains in the group, the group’s most popular songs like“My Girl,” Aint to Proud to Beg,” and “Just My Imagination” are still mainstays at their concerts across the globe. The Temptations accompanied by the Nashville Symphony is sure to be a crowd-pleaser.
The Rite of Spring
February 23 – 25
Written by Russian composer, Igor Stravinsky, “The Rite of Spring” was once perceived as too modern and outrageous — even provoking riots in Paris in the 1900s. Today, more than 100 years later, the score is regarded as a 20th-century masterpiece.
Yo-Yo Ma – Edgar Meyer – Chris Thile
Three phenomenal artists — cellist Yo-Yo Ma, mandolinist Chris Thile and bassist Edgar Meyer — will perform an intimate, one-night-only recital celebrating the music of Johann Sebastian Bach.
Photo Source: Nashville Symphony Website
CityLights is a short stroll from the Schermerhorn. Catch a show and stop by our sales center to reserve your luxury condo today.
Earlier this week, the Nashville Downtown Partnership released its 2016 Downtown Residential Report. At right under 15 pages, the report is a little more extensive than light lunch break reading material. So, we’ve done you a solid and provided you with the Cliffs notes. Here are 8 things you need to know about the report.
1. Downtown Nashville is still growing…and rapidly
According to Nashville Downtown’s Residential Report, Nashville’s downtown population is expected to grow 16 percent by the end of the year and another 29 percent by the end of next year. When compared to cities like Austin, Indianapolis, and Memphis, Nashville has the strongest planned residential growth over the next year and a half.
2. The accolades keep coming for Nashville
It seems that Nashville is recognized with a new award every week. We don’t like to brag, but Nashville is pretty cool. Nashville was recently ranked Fifth most popular city in the nation by Travel and Leisure; Fourth biggest city for jobs by Forbes; the Nation’s strongest housing market; one of America’s hottest cities by Business Insider; and “Best Places to Live” by U.S. News and World Report.
3. Nashville’s downtown population and residential units still lag behind peer cities but are gaining momentum
While Nashville had more than 6,000 residential units available in 2016, Charlotte had the most with more than 9,000 and Austin had more than 8,900. When it comes to downtown residents, Nashville residents also lag behind peer cities — Nashville has about 9,000 downtown residents. Charlotte and Austin average about 14,000 downtown residents. However, the report projects that Nashville will grow to 12,000 residents by 2017.
4. Downtown high-rise properties continue to appreciate in value
Condominiums make up 47 percent of downtown housing. According to the report, price per square foot of downtown condos has appreciated since 2011. An assessment of four downtown high-rise properties (Viridian, Encore, Icon, and Twelve Twelve) showed that price per square foot consistently increased in all four properties annually since 2011 — the weighted average being more than $470 per square foot. Resales in some downtown condos, like Twelve Twelve, are yielding an average delta of $12.60 per square foot.
5. Thirteen residential projects have been announced and could deliver more than 3,700 new units to the market by 2019
Five projects are slated to deliver in 2016 with thirteen additional residential projects slated to come to market by 2019. CityLights on Rutledge Hill is expected to break ground in the coming months.
6. The majority of downtown residents moved from outside of the city or from out of state
It’s no secret that Downtown Nashville continues to attract business professionals and highly-educated residents from across the country. According to the report, 34 percent of downtown residents moved downtown from outside the city; 30 percent from outside the state; and 28 percent from within the Nashville city limits.
7. Baby boomers make up the largest downtown population, followed by Gen Y
8. Downtown residents cited “urban experience” as the factor that most positively influenced continued downtown living
Several factors were cited as reasons residents live downtown and want to stay downtown, but the majority (53 percent) said it was for the urban experience. Can you guess the next most popular response? At 48 percent, central location/convenience was the next most popular response.
CityLights is Nashville’s newest luxury condo development in downtown Nashville. With units starting at 1150 square feet, the boutique residence has 71 units and is perched on Rutledge Hill overlooking downtown Nashville and the Cumberland River. CityLights is currently more than 30 percent sold and is expected to break ground in the coming months with an anticipated completion date of summer 2018.
Perched on Rutledge Hill, CityLights will be within walking distance to SoBro restaurants, bars, and entertainment venues. CityLights is a mere 10-minute walk to Riverfront Park and the Ascend Amphitheater.
In addition to its prime downtown location, CityLights has all the modern amenities that a sophisticated urbanite desires.
City lights downtown luxury condominium development
CityLights area Map
CityLights Lobby with Concierge Desk
CityLights Heated Lap Pool with Pool Deck
CityLights Community Club Room
CityLights rooftop terrace
CityLights Rooftop Terrace Continued
Modern Amenities include:
prime location with stunning views of downtown
2 to 3 parking spaces per residence
spacious open concept floor plans
fitness center with private yoga room
rooftop terrace with private bar, flat screen TVs and fire pits
pool deck with heated saltwater lap pool
office spaces for resident use
shared conference room for resident use
onsite restaurant with in-room dining available to residents
community club room
and much more
Upon entering CityLights, you will be welcomed by a spacious lobby and concierge desk. A knowledgeable concierge will be on call 24 hours a day, 7 days a week for your convenience.
The first floor is also home to the pool deck with heated, saltwater lap pool and outdoor lounge. On the first floor, you will also find the spacious fitness center and private yoga room.
In addition, the CityLights lobby will be home to an onsite upscale restaurant that will offer in-room dining to residents.
Second, Third, and Fourth Floors
Residences can be found on the second, third, and fourth floors with two penthouse units on the fifth.
On the roof of CityLights, you will find a luxurious terrace that covers the entire roof. The terrace is adorned with fire pits, flat screen TVS, as well as a bar.
Finishes and Design
Finishes and interior spaces were designed by Casella interiors. Casella Interiors is best known for their work on award-winning projects like Etch Restaurant, the Adelicia Building, Twelve Twelve, and Emma at the Trolley Barns. To learn more about CityLights’ luxe modern finishes and design, click here.