CA South has several developments underway in the Tennessee. CA South builds residential condominiums, flex office/industrial parks and multifamily rentals. The focus is on capital markets where traditional developers are not efficient at producing. Typically, the asset classes supply will be constrained but demand is still very high.
PARACHUTE broke ground in April 2021 and will consist of an 83,000 SF, 108-unit multi-family apartment building with 2,500 SF of ground-floor retail. CA South partnered with Argosy Capital and Bradley Development Group to construct the Property, which is situated in a Qualified Opportunity Zone between Nashville’s vibrant South Gulch and Edgehill neighborhoods and enjoys prominent street frontage on 8th Avenue South.
900 8th STREET is looking to have 300 residential apartments and retail space anchored by a restaurant use. The project fills a desperately needed void in the Nashville residential market; “affordable luxury,” apartments near trendy neighborhoods and restaurants with modern contemporary design.
EVE is a recently completed 28-unit luxury short-term rental condo community on the Cumberland River. The development views include downtown Nashville, Cumberland River and Nissan Stadium. With nearly $25 million contracted in only 1 month on the market, Eve has set record sales for Nashville. The development is one of many, CA South looks to replicate throughout the Southeast.
PIE TOWN CONDOS broke ground in April 2021 and will consist of a 104,000 sq. ft., 83-unit residential rental building with approximately 6,725 sq. ft. of retail space. Like Illume and Eve, Pie Town has Short-Term Rental zoning and will target investor buyers who plan to lease their units on Airbnb.
ALLSTON OFFICE CONDOS is an under-construction 79,662 sq. ft. Class A Office Condominium development on ~20 acres, located approximately 5 minutes from historic downtown Franklin, TN. This development is currently selling office spaces to businesses between 5,000 SF and 25,000 SF. With ample parking and proximity to Brentwood, Nashville and Franklin this site is likely to sell out ahead of schedule.
CALLIS ROAD INDUSTRIAL PARK is an office-industrial development on ~33 acres, located 20 miles east of Downtown Nashville. Callis Road Industrial Park is nearing completion on all 4 buildings and finalizing landscaping. The modern design, affordable price-point, and accessibility to freeways; creates an inviting space for small business owners.
Approximately 13 miles Northeast of Downtown Nashville, MYATT DRIVE, includes 2-buildings offering rear load, small bay industrial options on 171,000 SF. With most of the concrete and landscaping finalized; this site is set to delivery early Q1 2022.
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