• Home
    • builders
    • New Apartment Development for Artists- RymanLofts

    New Apartment Development for Artists- RymanLofts

    The Music City is known for being home to a number of songwriters and musicians trying to make it in the music industry.  Many times these artists are left broke and forced to leave Nashville due to expensive rent and lack of income.

    Tim DuBois, the vice president and managing executive of ASCAP Nashville, has developed a new idea, “to provide affordable apartments where working artists can collaborate and live cheaply.”  Dubois came to Nashville years ago with the same expectation to make it in the music industry.  He says,”I was blessed. I had a way to make a living and a pretty solid set of friends and a network to survive as a songwriter.  I’ve met so many people who don’t have enough for a basic apartment. They starved and went (back) home.”

    The idea was first brought up last year at the first meeting of the Nashville Music Council, a group formed and co-chaired by Mayor Karl Dean to foster and promote music in the city.  The Metropolitan Development and Housing Agency quickly took charge of the project and is currently  going out for bids on construction of a 60-unit apartment building called Ryman Lofts south of downtown on Rolling Mill Hill.

    The MDHA will limit the apartments to low-income artists.   They will most likely be one-bedroom apartments with a couple of three-bedrooms exclusively for working songwriters, musicians, actors, or visual artists.  Artists must make 60% or less of median income to qualify.  This year that amount was $27,400 for a single person and $31,300 for two people.

    The Lofts are projected to be complete in the summer of 2012.  Smith Gee Studio in Nashville is the architectural firm on the job and Construction could cost from $4 million and $5 million.  The MDHA says the apartments would feature unconventional spaces and big windows as well as indoor and outdoor public spaces that could spark artistic collaboration.

    Info via Tennessean

    Trackback from your site.

    3 Responses to “New Apartment Development for Artists- RymanLofts”

    Leave a Reply

    About our blog

    Our agents write often to give you the latest insights on owning a home or property in the local area.