Developer Holladay Ventures, a leader in affordable housing developments, recently celebrated the grand opening of Stone Bridge Lofts, a 20.75-acre mixed-use community. Located in Goodlettsville the project features 311 affordably-priced units and 11,200 square feet of commercial space on Main St. Stone Bridge lofts is located 20 minutes North of Downtown Nashville at 619 North Main Street in Goodlettsville.
“We are thrilled to officially open Stone Bridge Lofts—a place for community members to live, work and thrive,” said Evan Holladay, founder and CEO of Holladay Ventures. “As the first multi-family development of this scale in the area, Stone Bridge Lofts stands as a beacon of community growth, resident empowerment, affordable living and sustainability in Goodlettsville.”
The ceremony showcased the one, two, and three-bedroom apartment offerings with rents starting at $1,218/month. Stone Bridge Lofts apartment housing is for individuals and families earning 60 percent of the area median income (AMI), ensuring that the neighborhood remains inclusive and accessible. In addition to the 5,600square-foot clubhouse featuring a fully equipped gym, co-working space, complimentary internet and more, residents can enjoy outdoor amenities such as a resort-style swimming pool, playground, dog park, and walking path. There is also leasable commercial space with room for up to eight commercial tenants, the first of which is a nail salon.
“The Stone Bridge Lofts development shows what we can do when we harness our collective energy to implement affordable, accessible housing solutions in Nashville,” said Mayor Freddie O’Connell. “This development is a great example of the collaboration called for in our Unified Housing Strategy, with developers, employers, financial institutions, philanthropists, communities and government working together to deliver safe, stable, affordable homes for hundreds of Nashvillians.”
Holladay Ventures also received significant support from German American Bank and the National Equity Fund. The development has widespread backing from the Planning Commission and City Commissioners of the City of Goodlettsville, tax credit and bond funding from the Tennessee Housing Development Agency and HOME funding and PILOT financing from the Metropolitan Development and Housing Agency with approval from Metro Council.
Additionally, Local officials and community leaders, including Nashville Mayor Freddie O’Connell, attended the ribbon-cutting ceremony last week. Through collaborative funding efforts and community support, this development also addresses the Nashville area’s ever-growing need for quality affordable housing. Stone Bridge Lofts received almost $32 million from Amazon’s housing fund to create its affordably priced housing. This is Amazon’s first investment in Goodlettsville, a suburb of Nashville, with a private developer.
“We are honored to celebrate the opening of Stone Bridge Lofts, a development that exemplifies our vision for affordable, transit-oriented housing,” said Michelle Gaskin Brown, Amazon’s Public Policy manager in Nashville. “With nearby bus lines and community enrichment initiatives, Stone Bridge Lofts connects residents to opportunities throughout the region while fostering a sense of community. We’re grateful to Holladay Ventures for their commitment to creating high-quality affordable housing.”
With nearby bus lines leading to downtown Nashville, Stone Bridge Lofts offers residents convenient city access. To provide opportunities for long-term success, Stone Bridge Lofts offers education, job training and community enrichment initiatives. This programming will include financial literacy and digital skill workshops and mentorship opportunities with local business leaders, promoting resident empowerment and the pursuit of personal and professional growth.
All buildings in the Stone Bridge Lofts development, including each apartment unit, are ENERGY STAR certified with energy-efficient windows, appliances and water f ixtures. Holladay Ventures partnered with Lightwave Solar to design and engineer the clubhouse’s 15-kW roof solar array. Lightwave Solar has served Nashville and surrounding areas for almost 20 years with residential, commercial and O&M services.
For all inquiries regarding this opportunity please visit the website by tapping the link (here). Businesses and entrepreneurs interested in renting one of the commercial spaces can contact Zach Boze with CBRE at Zach.Boze@cbre.com.
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