Coro News
Meet North + Line, the new $60 million mixed-use project replacing the Masquerade
Courtesy of Max Blau
Atlanta Magazine - April 29, 2016
See Full Article - http://www.atlantamagazine.com/news-culture-articles/meet-north-line-new...
When the Masquerade first opened in 1989, the North Avenue rock club gave people a reason to visit what was then an unremarkable and unsafe industrial corridor. The Masquerade, housed within an old mill that for decades chopped wood into slivers for packaging, boasted three stages, cleverly named Heaven, Hell, and Purgatory. But a decade ago, the Old Fourth Ward started to change: The venue’s parking lot became Historic Fourth Ward Park, City Hall East reopened as Ponce City Market, and luxury apartments popped up along the Atlanta BeltLine’s Eastside Trail. Gradually, the music venue that made many Atlantans care about the area became destined for displacement.
This coming Monday, the project replacing the Masquerade, a $60 million mixed-use development called North + Line, will break ground. Once finished in April 2018, a new eight-story building will offer 228 luxury apartments with BeltLine access, a pool with a skyline view, and a neighborhood tavern. The mill itself will be renamed Mill Marketplace, and instead of a grimy club, you’ll find a chef-driven restaurant, as well as retail shops.
In 2005, Dean Riopelle, the one-time head of the Masquerade who died three years ago, sold the Excelsior Mill to Vinings-based developer Southeast Capital Companies for $4 million. Jay Clark, the firm’s founder and CEO, originally planned to demolish the building at a time when both the BeltLine and Historic Fourth Ward Park were nothing more than plans.
Nolensville's surging population sparks a jolt of retail
Courtesy of Adam Sichko
Nashville Business Journal - March 18, 2016
See Full Article - http://www.bizjournals.com/nashville/blog/2016/03/nolensvilles-surging-p...
Developers from Brentwood, Nashville and Atlanta are combining for a mixed-use project on Nolensville Pike that will include $48 million worth of residential development and $9 million of retail. Put another way, it'll be 200 housing units (mainly town homes, but also a few dozen condos) as well as 36,000 square feet of retail.
The Census Bureau says Middle Tennessee is seeing, on average, a net gain of almost 100 people every day, including newborns and people relocating here. Increasingly, those moving vans are heading to places like Nolensville — which has quickly emerged as a lower-cost alternative to Brentwood and Franklin. The town's population has grown roughly 25 percent since 2010, to about 7,500 people. That population is projected to double by 2025, which is why the town has three schools under construction ( as seen on our Williamson Watch map). The town is in a great location, basically halfway between Interstates 65 and 24, and it's just about the same drive to downtown as it is to hit State Rte. 840.
Enter Brentwood-based PGM Properties LLC, which is overseeing the retail piece of the proposed Shoppes at Burkitt Place, at 7022 Nolensville Pike. PGM is teaming with Atlanta-based Coro Realty Advisors on its piece of the 22-acre site.Regent Homes, one of Nashville's largest homebuilders, is spearheading the residential piece.
