Material Ventures has submitted conceptual plans for a new commercial/retail focused mixed-use development in Wedgewood-Houston. Located at the corner of Chestnut & Hagan Streets, the 7-story project is divided into 4 building massing’s which creates the retail plaza on the ground floor and includes the preservation of the existing single-story structure on the site. The project is located at 500- 516 Hagan Street.
Shown For context only.
The project creates development continuity by connecting adjacent developments. Given its central location, it continues the activation of nearby projects such as Standard Assembly and The Finery.
A request has been submitted to rezone the property from MUL-A to SP zoning. Once approved, the request will permit a mixed-use development on the 1.68 acres site. The request was made by Fulmer Lucas Engineering on behalf of the property Owner. Here’s the quick rundown:
500-516 Hagan Street
Mixed-use Development
| What’s Now | Lot/Building |
| What’s Next | Mixed-Use Development |
| Developer | Material Ventures |
| Architects: | GBD |
| Manuel Zeitlin Architects | |
| Landscape | Hawkins Partners |
| Civil | Fulmer Lucas |
| Restaurant | TBD |
| Office | TBD |
| Retail | TBD |
| Residences | TBD |
| Parking | TBD |
Shown For context only.
The project focuses on neighborhood placemaking and a long-term investment into the economic sustainability of the area. The submitted plans describe the guiding principles for the project as they continue to progress the conceptual design; some of which include:
- Preserve and reuse the existing 516 Hagan Street building and maintain the character of the neighborhood.
- Reallocate the height and apartment density towards the back of the property, while preserving lower density of varying heights and permeable site access along Hagan Street.
- Provide parking below grade so that the entirety of the site can be accessible to the public with activated uses and landscaped courtyards.
- Prioritize pedestrian site access to create permeability. Orient the property towards the neighborhood and pedestrians with activating commercial along Hagan as well as alleys and courtyard.
The conceptual rendering and representative imagery for the design direction of the project is shown below.
The development is slated for the 10/24/2024 Metro Planning Agenda.
Be sure to subscribe for more on this and other Developments in & Around Nashville!
