Nashville, Tenn. (August 23, 2018) – Propst Development, LLC, a Huntsville, Alabama-based real estate and development company with projects across the Southeast, today revealed plans for Broadwest, a 1.2 million square feet luxury mixed-use development to be located at one of the most high-profile intersections and pivotal parcels of land in Nashville at 1600 West End Avenue.
Rising where Broadway meets West End, Broadwest will boast two towers. The first tower will feature 21 stories with more than 510,000 gross square feet of Class-A office space. The second tower will rise 34 stories tall, include a 14-floor, 245-room luxury hotel and 20 floors of approximately 220 luxury condominium units. Connecting the Broadwest towers will be an additional 125,000 square feet of creative office and retail space along with a one-acre park in the center of the development. Broadwest will also feature among the largest parking decks in Nashville with more than 2,500 spaces.
Propst Development has reviewed Broadwest plans with city staff and will file the final SP zoning amendment for the 3.9-acre site in the coming days with construction beginning for the entire project in early fall.
“We are committed to building a world-class development with the quality and integrity reflective of Nashville, and we’ve assembled an exceptional development and construction team to accomplish this and bring Broadwest to life,” said Chris Brown, principal of Propst Development. “This is a prominent site where the city’s most well-known avenues meet, and we believe Broadwest represents the next evolution of Nashville’s growth.”
Propst Development’s partnership team for Broadwest includes:
- Chartwell Hospitality, the Franklin-based hotel operations and development company, to co-own and operate the 14-floor luxury hotel;
- Parks Realty, the Nashville-based real estate agency, to lead condominium sales;
- Jones Lang Lasalle’s (JLL) Nashville office to lead the Class-A office leasing;
- Cooper Carry, the global architecture and design firm, as the lead architects of Broadwest;
- Turner Construction Company and Hoar Construction as general contractors; and
- Premier Parking to oversee the parking component.
“A project of this magnitude is only possible with extraordinary partners like Cooper Carry, Turner, Hoar and Jones Lang Lasalle, and we’re thrilled to add Chartwell Hospitality and Parks Realty as the latest additions to our team,” continued Brown. “We’re confident this exceptional collection of leaders will help us bring our vision for Broadwest to fruition, creating an entirely new destination for Nashville.”
The latest renderings for Broadwest are available here. Propst acquired the Broadwest site in March 2018. The site sits at one of the highest elevations in downtown Nashville, offers quick access to the interstate, and is walking distance to the city’s most thriving neighborhoods—including the downtown entertainment district, Midtown, Music Row, the Gulch and the emerging Charlotte corridor.
“Propst Development’s vision for this unique mixed-use project will set a new standard in Nashville, a city in which Chartwell Hospitality has significant experience building high-quality hotels,” said Robert Schaedle, founder, president and managing partner of Chartwell Hospitality. “We are honored to be selected as a partner for the hotel component of this landmark project and look forward to working with the Propst team to create an iconic luxury hotel for this site.”
Schaedle and his team at Chartwell Hospitality have won numerous hotel industry awards, including the Hilton Worldwide Lifetime Achievement Award.
“Broadwest will provide a new point of connection to and from the neighborhoods that have turned Nashville into the thriving city we see today, and we’re excited to lead the sales effort for the residential component of this project,” said Zach Goodyear, managing broker at Parks Realty. “With a ground elevation starting nearly 40 feet higher than the Gulch and 100 feet higher than downtown, the views will be unparalleled from this location. Combine that with ease of interstate access, connection to hotel services and true rooftop amenities, you have something Nashville has been asking for, but has not yet seen.”
Propst Development and Propst Properties are part of the Propst Family office, an organization specializing in various business ventures, including the acquisition, development and management of retail, commercial and residential properties.
For more information about Propst Development, please visit www.propstdevelopment.com.
