Maybe it is practical or smart. Maybe people are realizing the value of community life. Whatever the reasons, residential urban Nashville, Tennessee real estate is moving in and up. The Rhythm is another of a growing list of developments that are transforming the Demonbreun Street business district near Music Row from boarded-up businesses into one of the city's hippest strips offering easily accessible Nashville TN condominium homes.
The Rhythm real estate in downtown Nashville fits right in with the rhythm of the 1500 block of Demonbreun. The $30 million project is poised to create a residential haven right in the middle of a bustling business district replete with a variety of chic fashion boutiques, patio dining, and nightclubs. Developers Rhett Smith and Jim Caden are impressed with the building site, calling it one of the finest locations in urban Nashville real estate.
Buyers are likewise impressed. The project has attracted a variety of buyers, from empty nesters to young professionals, musicians and songwriters, and some buyers from out of town who are looking to purchase urban Middle Tennessee real estate.
Caden has worked on similar projects that allow people walking access to offices, restaurants, bars, and retail. The Rhythm offers easy access to the Gulch, Music Row, and downtown. True to its name, it will pipe tunes throughout the garages, in the elevators, in the lobby, fitness area, in the pool amenity deck and under the water in the pool.
The 14-story development will include 116 one- and two-bedroom units ranging from 719 to 2,800 square feet, with some penthouses available. Buyers can choose from seven floor plans and are able to customize their space with open or partitioned bedrooms or full walls and doors. Units come standard with balconies or patios. Knowing that some people living downtown will forego the expense of owning a car, garage parking is available for purchase as needed.
About 4,000 square feet of retail space will line the first floor, which may include a restaurant and music venue. Surrounding businesses are already anticipating more foot traffic and newcomers to the area. They are gearing up for being open more hours to meet the needs of the new development when it comes online.
When you are ready to investigate the downtown skyline, call The Condurelis Group at (615) 376-5123 for up-to-the-minute prices, availability, and other information about popular real-estate options for you and your family.
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