The downtown YMCA on Monday announced dramatic plans to redevelop its Church Street property to include a 60-story residential tower.
- Developer Tony Giarratana, who led the construction of several residential buildings downtown, will oversee the project.
Why it matters: The massive tower would be the tallest residential building in Nashville and would become part of a new nucleus of downtown development changing the face of the city.
- It's near Nashville Yards, home to Amazon's upcoming corporate offices and the Capitol View mixed-use development.
- YMCA expects its downtown location to be at the epicenter of a population boom, estimating that some 20,000 residents could be within walking distance in the next five to seven years.
Between the lines: The new development would include 100,000 square feet for the YMCA, more than doubling the size of the current facility.
- While final approval is still pending, construction is expected to begin in 2023, with the YMCA remaining operational in its 2008 building throughout the process.
By the numbers: The tower project will cost about $350 million, according to the Nashville Post.
- The Post reports the tower will house 500 residential units, including condominiums and rental apartments.
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