The Midtown Nashville development pipeline continues to grow with the announcement of Aspire Midtown. Developed in partnership with AL. Neyer & The Dinerstein Companies (TDC), Aspire Midtown is a 14-story, 277-unit luxury apartment community. The project is located at 1801 Patterson Street.
Patrick Poole, VP, Nashville Market Leader at Al. Neyer
“This project is particularly exciting for us at Al. Neyer. We have been actively pursuing urban midrise and high-rise multifamily projects in Nashville for the last several years. Our strategic partnership with TDC, as co-developers of the project, allows each developer to bring their individual strengths and experience to this development. Aspire Midtown’s location will be one of its many selling points to residents. With the appeal of walkability and a vibrant restaurant scene, we envision Midtown to be the next Gulch, and we are eager to be a part of its redevelopment.”
The 1.14 acres of land includes a collection of properties which currently include a parking lot, Alive Hospice, and Music City Condos. The development is centrally located in the heart of Midtown with proximity to three major hospitals and Vanderbilt University. Once complete, the project will be walkable for medical professionals, students, university employees, and a short walk to Amazon’s new headquarters. Here’s the quick rundown:
- What’s Now: Multiple-use properties
- What’s Next: Multi Family Development
- Location: 1801 Patterson Street
- Developers: AL. Neyer & The Dinerstein Companies
- Architect Niles Bolton
- Capacity: 277 Units/ Parking & Amenities
- Status: Construction is anticipated Summer 2022
Al. Neyer and Dinerstein’s partnership allows both companies to invest in an area of downtown Nashville that is next in line for development. Dinerstein will serve as co-developer and property manager of the project, while Al. Neyer will serve as co- developer and design-builder.
said Todd Gaines, Development Partner at TDC.
“We’re very excited to be a part of this community. We believe Midtown is primed to become one of the most desirable parts of town due to its favorable mix of restaurants, retail, and strong employment base. Aspire Midtown will be our third multifamily development in Nashville, and it represents TDC’s continued commitment to deliver unique, best-in-class housing in support of the growth and development of this city. We appreciate the hard work and dedication of our staff and design consultants as they finalize the project design, and we are particularly grateful to our local co- developer and partner, Al. Neyer, for their collaboration and “boots on the ground” expertise in Nashville.
According to the release, AL. Neyer plans to bring its extensive multifamily experience from other AL. Neyer markets to Nashville. They have their sights set on developing more urban projects while also continuing its track record as an active developer in Greater Nashville.
Be sure to subscribe for more on this and other Developments In & Around Nashville!