SomeraRoad broke ground this morning on Emblem Park, a new mixed-use development positioned at the edge of the Wedgewood-Houston neighborhood. Emblem Park is a uniquely designed multi-family development by an all-star, Nashville-based Design Team.
The property is located at the corner of 4th Avenue South & Bianca Paige Way; it is also directly across from Trax, a long time LGBTQ+ establishment.
Designed by EOA & Manuel Zeitlin, Emblem Park will provide walkable access to a myriad of popular local area businesses and to GEODIS Park, the home of the Nashville Soccer Club & largest MLS Stadium in the US. Bridge Investment Group joined SomeraRoad as a JV equity partner on the project, investing in Emblem Park out of their Opportunity Zone Fund. Wintrust Bank will also provide a $65M construction loan for the project. Here’s the quick rundown:
- What’s Now: Former Grooms Engine Warehouse
- What’s next: Mixed-use Development
- Developer: SomeraRoad
- Architect: EOA / Manuel Zeitlin Architects
- Landscape: Hawkins Partners
- Civil: Kimley-Horn
- Leasing: Ojas Partners
- Contractor: Hardaway Construction
- Project Cost: $108 Million
With an address of 1414 Fourth Ave. S, Emblem Park will offer 346 multifamily units, a resort-style pool, resident lounge, pedestrian courtyard, curated remote work space and fitness center. Additionally, it includes the adaptive reuse of the former Grooms Engine Warehouse. The revitalized warehouse will feature 13,000 SF of retail space. SomeraRoad will focus on a thoughtful mix of local and new-to-market tenants to establish the project as unique and authentic destination.
“Emblem Park will be a dynamic anchor on the east side of Wedgewood-Houston, further enhancing the neighborhood’s vibrancy and authenticity,” said Andrew Donchez, Principal and Head of Development at SomeraRoad. “It has been a pleasure to work with both the Wedgwood-Houston and Chestnut Hill communities; as well as the City of Nashville to reach this construction milestone. It was our goal since initially proposing the project, to work collaboratively with our fellow community stakeholders to ensure Emblem Park is a positive addition to the neighborhood. This is an important and exciting milestone for SomeraRoad and further reinforces our full commitment to Nashville, a city we’ve come to call home.”
Project completion is anticipated for 2nd Quarter of 2024.