Core Development is planning a new cottage-style residential project on the far west side of Sylvan Park.
The Nashville-based urban infill developer has a contract to purchase a shuttered church property 332 54th Ave. N. for $1 million.
The 2.4-acre property sits close to Charlotte Avenue. The property was formerly home to Centerpoint Church of The Nazarene, which closed in 2011, and McClurkan Memorial Church before that.
Mark Deutschmann, a principal of Core Development, said the community is still in the early planning stages and will be similar to West End Station (in Sylvan Park), Gale Park (in 12South) and The Chesterfield (in Hillsboro/ West End). Details such as number of units and pricing will be fleshed out following discussions with neighbors and Metro Nashville planning officials, he said. The sale of the property is contingent on it being rezoned to allow for residential development.
Jeff Sexton, assistant district superintendent of the Church of the Nazarene's Tennessee District, said he expects the property to close in late spring. Sexton said two previous contracts for the property from other developers failed to close, including one from a group that eyed the site for a medical supply warehouse.
Article: Nashville Business Journal
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