Nashville, also known as “Music City”, is a vibrant and growing city that attracts tourists and residents alike with its rich culture, lively music scene, and booming economy. As the city continues to expand, new developments are constantly being proposed and approved to meet the demands of its growing population. One such development is the Rutledge Hill Mixed-Use District, which seeks rezoning in downtown Nashville. This article will delve into the details of this project and its impact on the city.
Overview of the Rutledge Hill Mixed-Use District
The Rutledge Hill Mixed-Use District is a newly proposed development located in the Rutledge Hill Sub District in Downtown Nashville. The project is anchored by a central park and plaza above the below-grade parking deck, creating a unique and inviting space for residents and visitors. The development is situated at 500 2nd Avenue South and covers a total area of 3.29 acres.
The project consists of three towers – two residential towers at 32 and 39 stories and one hotel tower at 29 stories. According to the submitted plan, the Rutledge Hill Mixed-Use District will create a combined 890 residential units and 240 hotel rooms. This mix of residential and commercial spaces will add to the diversity and vibrancy of the downtown area.
Centrum Realty & Development has submitted a request to rezone the property from DTC (Downtown Code) to SP (Specific Plan) zoning at the site. Once approved, the request will permit the mixed-use development to move forward. The images below provide context as to how the development will occupy the property. Please note that the images are illustrative only and not scaled.
What is the Impact of the Rutledge Hill Mixed-Use District?
The proposed Rutledge Hill Mixed-Use District has generated a lot of buzz and excitement among Nashville residents and city officials. This development is expected to have a significant impact on the city, both economically and socially.
Economic Impact
The Rutledge Hill Mixed-Use District is estimated to bring in millions of dollars in revenue for the city of Nashville. With its mix of residential and commercial spaces, the development will create job opportunities and attract new businesses to the area. The addition of a hotel tower will also boost tourism and bring in more visitors to the city, further contributing to the local economy.
Moreover, the development will also generate tax revenue for the city, which can be used for public services and infrastructure improvements. This will benefit not only the residents of the Rutledge Hill neighborhood but also the entire city of Nashville.
Social Impact
Apart from its economic impact, the Rutledge Hill Mixed-Use District is also expected to have a positive social impact on the community. The central park and plaza will provide a much-needed green space in the downtown area, where residents and visitors can relax and enjoy outdoor activities. This will enhance the quality of life for those living in the neighborhood and add to the overall livability of the city.
Additionally, the mix of residential and commercial spaces will create a diverse and vibrant community, bringing together people from different backgrounds and lifestyles. This will foster a sense of community and promote social interactions, making the neighborhood a more welcoming and inclusive place.
The Development Plan
The development plan for the Rutledge Hill Mixed-Use District includes three towers – two residential and one hotel tower. Each tower will have its own unique design and features, adding to the visual appeal of the development.
- Residential Towers: The two residential towers will offer a total of 890 units, ranging from studios to three-bedroom apartments. These units will cater to a diverse range of residents, from young professionals to families. The towers will also feature amenities such as a fitness center, rooftop pool, and communal spaces for residents to socialize and relax;
- Hotel Tower: The hotel tower will add 240 rooms to Nashville’s hospitality industry. This tower will cater to tourists and business travelers, providing them with a convenient and luxurious stay in the heart of downtown Nashville. The hotel will also feature amenities such as a restaurant, bar, and conference facilities, making it an ideal choice for both leisure and business travelers.
Conclusion
In conclusion, the Rutledge Hill Mixed-Use District is a highly anticipated development in downtown Nashville that seeks to bring together residential, commercial, and hospitality spaces in one vibrant community. With its unique design, amenities, and impact on the city’s economy and social fabric, this project is sure to be a success. As we eagerly await its completion, we can look forward to seeing how the Rutledge Hill neighborhood transforms and evolves into a thriving and bustling part of Music City.
