Holladay Ventures closed on funding for The Opaline, a 251-unit affordable housing mixed-use development at 3533 Dickerson Pike in Nashville. Construction, led by general contractor RC Mathews, is set to begin this November.
Seeking to be a model that addresses Nashville’s top needs, The Opaline will include:
- 251 affordable units for residents at 60% Area Median Income (AMI);
- Nonprofit services, studios, and maker spaces for creatives;
- An expanded, new 4,000 sf child care facility for the Lotus Learning Center on site;
- 7,000 sf of retail; and
- A future WeGo transit hub on Dickerson Pike.
To ensure the development meets the unique needs of Nashville’s creative community, Holladay Ventures is partnering with the Arts & Business Council of Greater Nashville (ABC)— a nonprofit celebrating its landmark 20th anniversary.
ABC has provided expert consultation on the design of The Opaline’s creative spaces and will facilitate its nationally recognized programming on site once the development opens in early 2028. The organization will offer education workshops, legal clinics, and opportunities for cross-disciplinary collaboration amongst the art and business communities. This partnership with Holladay Ventures represents another step in ABC’s broader effort to expand access to affordable creative resources and strengthen Nashville’s creative economy.
