Holladay Properties has begun development of a multifamily residential project in Nashville, Tennessee, to be known as fifty forty flats.
Holladay acquired the property at 5040 and 5042 Linbar Drive in September of 2019. The property includes two Class-C office buildings on 4.40 acres.
The project will include the reuse and redevelopment of the two existing three-story office buildings into modern apartments and the construction of two three-story townhome buildings on the extra land. Once completed in the summer of 2021, fifty forty flats will include 116 units in a mix of studio, one-bedroom and two-bedroom units.
The project will feature a variety of amenities, including an on-site dog park, fitness room, game room, outdoor grills and patio area and a full appliance package, including a washer/dryer in each unit.
Nashville-based Solomon Builders is serving as the general contractor for the project, which broke ground in August of 2020. The project team includes Barnett Design Studios as the architect, S+H Group as the civil engineer, Edge Planning as the landscape architect, First Farmers Bank of Columbia as the lender and Freeman Webb as the property manager.
