{"id":1004089549,"date":"2014-01-10T09:06:30","date_gmt":"2014-01-10T17:06:30","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=230365"},"modified":"2020-04-07T01:14:12","modified_gmt":"2020-04-07T09:14:12","slug":"southern-land-scales-down-project-moves-ahead-with-16-stories","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/southern-land-scales-down-project-moves-ahead-with-16-stories\/","title":{"rendered":"Southern Land Scales Down Project, Moves Ahead With 16 Stories"},"content":{"rendered":"<p><em>By Eliza Theiss, Associate Editor<\/em><\/p>\n<div id=\"attachment_230367\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/01\/4000-Hillsboro.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-230367\" title=\"4000 Hillsboro\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/01\/4000-Hillsboro.jpg\" alt=\"\" width=\"300\" height=\"183\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">4000 Hillsboro at 22 stories<\/p>\n<\/div>\n<p>Nashville-headquartered Southern Land Co. has announced it will be moving forward with its mixed-use Green Hills project, albeit in a scaled-down version, reported the <a href=\"https:\/\/nashvillepost.com\/news\/2014\/1\/6\/southern_land_eyes_early_summer_groundbreaking_for_green_hills_project\" target=\"_blank\" rel=\"nofollow\"><em>Nashville Post<\/em><\/a>. The project\u2014which landed the company in hot water with area residents, after it supersized its initial plans from a 14-story tower to 22 levels\u2014was recently withdrawn from the Metro Planning Department, and it will be redesigned to a 16-story height.<\/p>\n<p>According to the <a href=\"https:\/\/www.bizjournals.com\/nashville\/blog\/2014\/01\/southern-land-discusses-details-for.html\" target=\"_blank\" rel=\"nofollow\"><em>Nashville Business Journal<\/em><\/a>, Southern Land is targeting a late spring or early summer groundbreaking and a 2016 completion. In its downsized version, 4000 Hillsboro Pike will feature 285 apartment units, including 20 penthouses, 600 parking spaces and 60,000 square feet of multi-level office space located atop 15,000 square feet of street level retail. Two restaurants are also included in the project. Residential amenities include a fitness center, swimming pool, sky lounge, teaching kitchens, events plaza and a dog park. Although the cost of the project has yet to be released, the site, comprised of three parcels, had a price tag of $13.5 million. According to the project\u2019s website the developers, a joint venture between Southern Land and Redwood Capital LLC, will also invest over a million dollars in area infrastructure improvements. The project is expected to be a success due to its location between Nashville CBD and Brentwood\/Franklin, the area\u2019s strongest Class A office and retail markets, as well as its adjacency to the wealthy Belle Meade neighborhood, where single family homes start at $750,000 and can even hit eight figures. Green Hills, the neighborhood of 4000 Hillsboro, is also an affluent area, and lacks rental housing.<\/p>\n<p>Other area multifamily projects by Southern Land include the $60 million 331-unit Elliston 23 in Nashville\u2019s West End, Tennessee\u2019s first LEED Silver-certified multifamily property and the 370-unit Dwell at McEwen in Franklin\u2019s Cool Springs area.<\/p>\n<p><em>Rendering courtesy of Southern Land<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nashville-headquartered Southern Land Co. has announced it will be moving forward with its mixed-use Green Hills project, albeit in a scaled down version<\/p>\n","protected":false},"author":49,"featured_media":1004507422,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36077,21742],"tags":[1815],"class_list":["post-1004089549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nashville-knoxville","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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