Welcome to the next era of CityNowNext, starting with the launch of The Quick Rundown (TQR) — a new monthly newsletter built for busy CRE leaders who want fast, insightful updates without the fluff. Each issue tracks new proposals through approvals, spotlights people and companies shaping Nashville, shares exclusive features and Q&As, and highlights market opportunities positioned in a way that speaks to the market.
This first edition brings an exclusive Q&A with the architects of Albion Music Row, notable zoning updates, recent news shorts, and real estate spotlights. Moving forward, TQR will be free for subscribers — so be sure to subscribe for future Issues.
A special thanks to Greystar for sponsoring the August 2025 issue of CityNowNext TQR. Here’s The Quick Rundown:
Q&A Feature
While much of the industry is focused on acquisitions, interest rates, and rental trends, it’s worth remembering that these projects are more than just numbers. The architecture behind these developments will also define our sense of place and how we live, work, and move in the built environment. Albion Music Row is one of those standout developments, with its floors rising fast and its façade beginning to take form.
In this feature, I conducted a short Q&A with Paul Alessandro, Partner at Hartshorne Plunkard Architecture (HPA). HPA designed the recent Albion In The Gulch and the upcoming Albion Music Row; both in the heart of Nashville. We discussed the inspiration behind the design direction, of the upcoming tower along the Midtown Gateway.
GALLERY
Recent News
Originally designed by Kohn Pedersen Fox in 1986, the 31-story Class A tower anchors the center of Nashville’s Downtown CBD. Surrounded by billions in new development and unmatched walkability, it’s a standout asset with room for fresh opportunity in a market poised for continued growth.
“Fifth Third Center is an iconic property and uniquely designed building in the center of Nashville,” said Jared Horowitz, Partner at PIVOT. “This is a rare opportunity to own a preeminent property at a basis well below replacement cost.”
PIVOT will share future plans for 5/3 Center in the coming months.
Gallatin is exploring the redevelopment of two City-owned blocks, to address future needs for a new City Hall and public safety facilities. According to an independent economic impact assessment, Project Phoenix is anticipated to:
- Generate $66.3 million annually from direct and indirect taxes and wages
- $40 million in new property tax revenue over 20 years
- Support 400+ permanent jobs
- $260 million in private spending during the construction phase
Boyle must now contract with a design firm to prepare preliminary development plans and host a series of community meetings
The MJ Companies recently held its Nashville office launch party on the rooftop of the Grand Hyatt hotel on Broadway. MJ recently launched in the Nashville market with Austin Madison as Tennessee Market President and M. Craig Reavis as Vice President for Business and Community Development. The event featured over 150 attendees ranging from clients, industry partners, friends, and leadership across MJ offices.
MJ has a construction surety team that offers comprehensive solutions to safeguard assets, ensure financial stability, protect the good health and morale of employees, and achieve sustainable growth.
The new facility will replace the current E911 center, a space no longer equipped to meet the needs of the county’s growing population and call volume. Located on Railroad Avenue near the Bedford County Jail and Judicial Center, the new standalone center will enhance coordination between agencies and improve response times during critical incidents.
“ By strengthening the county’s emergency communications capabilities, this new facility will improve coordination, enhance response times and better support those who work tirelessly to keep the community safe.”said Tyler Baldridge, project executive at BELL Construction.
Hensel Phelps hosted an outreach event last week offering details to bidders. James Harper, Regional Director of Supplier Diversity and the Estimators for the Hensel Phelps’ Mid South office are still seeking bids for the project. For more information, their contact information is below.
James Harper, Regional Dir. of Supplier Diversity JHarper@HenselPhelps.com
Chirs Woodling, Senior Estimator CWoodling@HenselPhelps.com
David Mays, Project Estimator DMays@HenselPhelps.com
Real Estate Spotlight
The project offers beautifully designed single-family homes with interiors curated by Murphy Maude. Homeowners will enjoy exclusive amenities including a pool, indoor pickleball court, saunas, cold plunge, fitness center, Community Haus, and a dedicated lifestyle concierge who organizes events and programming.
The Lanes is exclusively represented by Redeavor, led by Director of Sales Tamara Senibaldi. Priced from the high $600s, with preferred financing options offering interest rates as low as 4.875%. Visit their website for the latest updates.
Chartwell Residential is putting the finishing touches on Samara, new luxury apartments in Nashville’s MetroCenter neighborhood. The 377-unit community offers a mix of studio, 1, and 2-bedroom floor plans with resort style amenities.
Samara is also one of Nashville’s newest trail-oriented apartment communities. The property is accessible to the Cumberland River Greenway which gets you to nearby Germantown and Downtown Nashville. Featured amenities include pool and lounge overlooking the Metro Center reservoir, fitness center, and EV charging stations to name a few. Here is a look at progress from this month.
Local Marketplace
Greystar’s Nashville presence continues to grow in both scale and impact, driven by a portfolio of 59 communities and a corporate team that brings national expertise to the local level. With a pipeline of new development partnerships, ongoing lease-ups, and a reputation for hands-on partnership, Greystar Nashville remains a trusted leader in the multifamily space.
The team’s continued collaboration with development groups across the city reflect a commitment to thoughtful growth and community-building.
“We’ve seen incredible traction at Oxbow and The Wayward since leasing began in 2024,” says Mike Howard, Senior Development Manager with MRP Realty. “The Greystar team has been a steady, strategic partner throughout the development process, and their early leasing success is a testament to that alignment.”
With continued portfolio growth across the region, Greystar’s Nashville team completed a renovation of their Brentwood office earlier this year to better support the expanding corporate staff. The refreshed space accommodates increased headcount while maintaining alignment with Greystar’s global workplace technology standards. The layout changes reflect a forward-thinking mindset and a team poised for what’s next.
Here’s a look at the Oxbow & Wayward Properties at River North with MRP.
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Zoning Updates
