New Development Planned for East Nashville | Nashville Developments

    A family-owned real estate development firm bought 3.27 acres in East Nashville for $1.18 million with plans for a mixed-used development to include lofts and condo units.

    The property at the corner of Greenwood and Chapel avenues has sat vacant for more than a year since Hobson United Methodist Church relocated to its current home on Clarksville Pike in North Nashville.

    K. Clay Haynes, president of buyer Greenwood Village LLC, says “we see this as a generational opportunity to bring new life to these historic structures…We look forward to working with the neighborhood to make this another neighborhood node – similar to what exists throughout the rest of East Nashville.”

    Under a historic overlay, Greenwood is restricted from tearing down any building on the property built before 1929. That includes the pre-Civil War original church building and the sanctuary built in 1929.

    Haynes is also managing partner with Oak Tree Partners LLC, which is active in East Nashville with a project at 949 Main St. approved for 38 condo residences, plus 5,000 square feet of retail/office space.

    (source)

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