GBT Realty who is known for Developing iconic buildings in the Nashville core has expanded its footprint into River North. The Developer announced today that they’ve closed on 3.71 acres, in the Mixed-Use District in East Nashville.
GBT is doubling down on its commitment to the Nashville market; in a press release Jeff Pape, Managing Director at GBT Realty stated, “At GBT Realty we are deeply committed to our home market of Nashville where we are undertaking large-scale projects focused on exceptional design and delivering the right developments to benefit businesses, residents, and neighbors,” Here’s a quick rundown of the transaction:
River North Parcels F&G
- Developer: GBT Realty
- Equity Partner: Atalaya Capital Management
Marketing & Brokerage Team:
- Avison Young Capital Markets Group
- Lisa Maki, Senior Vice President
- Wes Boatwright, Principal
- Mike Jacobs, Senior Vice President
- Warren Smith, Principal and Managing Director
GBT is early in its planning stages for its vision for River North. The master plan for the property will be a mixed-use development with current zoning allowing for up to 25 stories by right and an additional 13 stories (38 stories maximum) through the bonus height program making this one of the most densely zoned areas in Nashville.
Here is a look at some other projects in the pipeline for GBT Realty:
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