Indianapolis developer Buckingham Companies is set to make a major impact on the Vanderbilt University campus area in Nashville.
The company will soon begin construction of a 600,000-square-foot mixed-use development that will bring 350 apartments, a 180-room hotel and 35,000 square feet of retail space to a two-acre site adjacent to the campus.
Buckingham Company officials have a simple goal for the project: They want it to further the transformation of Nashville’s Midtown neighborhood into a walkable district of residences and retailers.
“The project’s design has evolved and is intended to be reflective of and responsive to the creative and passionate feel of the Midtown area,” said Scott Travis, vice president of development at Buckingham Companies, in a written statement. “It will be situated at the heart of a neighborhood that is intellectual, diverse and energetic. Our goal is to build upon those characteristics.”
Kimpton Hotel & Restaurants will operate the full-service hotel at the development, which currently has the temporary name of Buckingham Midtown. Mike Depatie, president and chief executive officer of Kimpton, said that the company has long been searching for an opportunity to operate in Nashville.
“The Buckingham Midtown property is the perfect partnership,” Depatie said in a statement. “This development is in a position to enhance an already vibrant neighborhood.”
The residential units will include studio and one-, two- and three-bedroom floor plans. The apartment development will feature a pool terrace and concierge services.
Buckingham Companies also plans to boost the 21st Avenue South and Broadway intersection of Midtown with enhanced sidewalks, lighting and traffic improvements.
Buckingham Midtown’s different components will open in phases, with the completion of the entire project scheduled for early 2017.
The development will be built by Buckingham Construction Corporation in collaboration with Nashville-based Crain Construction Co. The architect is Torti Gallas and Partners from Washington, D.C. The engineering contractor is Littlejohn Engineering Associates of Nashville.