Summer opening eyed for 328-unit Olmsted Nashville
Apartment complex rising at Fifth and Peabody in SoBro to include large common space and performance stage
Nashville, TN-- 2/22/17 –A late summer opening is targeted for the 328-unit Olmsted Nashville apartment community that's rising on 1.89 acres at the corner of Fifth Avenue South and Peabody Street in the area south of Broadway.
The project at 501 Fifth Ave. S. is the first in Nashville for Atlanta-based developer CF Real Estate Services, whose partner in Olmsted Nashville is Charlotte, N.C.-based consultant Llewellyn Development with The Carlyle Group as an equity partner. It is expected to further activate the SoBro area just south of Korean Veterans Boulevard.
Pre-leasing is expected to in late spring for apartments at Olmsted Nashville.
"Our ultimate goal is for this place to have a soul and for our residents to be proud to call Olmsted home," said Brett Oliver, director of Development at CF Real Estate Services. "We’ve worked really hard with our design, including collaborating with local designers and artisans, to make something cool that translates into a wonderful resident experience and feels true to Nashville’s emerging and leading culture."
The large common space at the complex will include a performance stage. Along with the overall public space, the stage will be used to promote local artists and artisans including through programs and exhibits that will also benefit Olmsted Nashville residents and the neighborhood.
Olmsted Nashville will offer studio, one, two and three bedroom apartments, Size of the units will range from the smallest 434 square foot studios with the largest two-bedroom apartments each 1,382 square feet.
Amenities will include an outdoor pool, fitness center, dog spa and a top-floor leasing office and roof lounge that will also be an event space with views of downtown Nashville.
Cambridge Swinerton Builders is general contractor for the Olmsted Nashville project.
Elsewhere in a suburb just north of Midtown Atlanta, CF Real Estate Services is developing Olmsted Chamblee along with other partners.