An image of the proposed tower that could be built at the downtown YMCA site. Rendering provided by YMCA of Middle Tennessee
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.
Get more local stories in your inbox with Axios Nashville.
More Nashville stories
No stories could be found
Get a free daily digest of the most important news in your backyard with Axios Nashville.