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Saturday, 21 February 2015
Townhome development on tap for The Nations
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Senior Reporter- Nashville Business Journal
Email  |  @NSHBIZSichko  |  LinkedIn

Once this ice melts and the ground thaws, local developers will begin building 98 town homes in The Nations, a fast-changing neighborhood in West Nashville.

On Wednesday, an entity led by HND Realty paid $1.49 million for 2.9 acres along California Avenue and 57th Avenue North. Presently, it's part of the site where Nashville Lumber Co. operates.

Wednesday's purchase means HND has pieced together about 6 acres for a project named West Mill. It is designed to be a mini-community with 98 town homes and a swimming pool.

"It wasn't that long ago that I had a conversation with someone who said the west part of town was going to take off. I said, 'The Nations?' " said Kristin Hostettler, with HND Realty.

"This has all happened kind of overnight; that's how it feels," Hostettler said. "I think we just got lucky with a giant piece of land that will actually get to be its own townhouse development. I suspect you'll be seeing a lot more homes like these."

The first townhomes should be open in early fall, Hostettler said.

HND is developing two types of residences: two-bedroom townhomes, each about 1,150 square feet, and three-bedroom townhomes, each about 1,425 square feet.

Hostettler said she expects to list the two-bedroom residences for less than $200,000. The three-bedroom townhomes likely will be priced closer to $210,000, she said.

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Posted on 02/21/2015 7:09 AM by Tiffany Olson
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