Crescent Turns Up the Volume in Nashville
Crescent Communities celebrated to the tune of a unique new mixed-use development.
By Andie Lowenstein, Associate Editor
Nashville, Tenn.—Crescent Communities celebrated to the tune of a unique new mixed-use development honoring the creative foundation of Nashville’s iconic Music Row district. The 275-unit Crescent Music Row, featuring customizable penthouses, amenities and retail inspired by the diverse craft community, is slated to open in summer 2016.
“The Music Row district exemplifies Nashville’s rich history, and Crescent Music Row is designed to respect the district’s heritage and celebrate its future. We believe the result will be the perfect match for an area Nashville residents know and love,” said Ben Collins, senior vice president of Crescent’s multifamily group. “Nashville is an extraordinary city with a thriving job market, vibrant arts scene and affordable cost of living, and it’s easy to see why it’s ranked one of America’s fastest growing cities.”
Crescent Music Row’s location will provide residents with front door access to Music Row and the bordering Gluch district’s music venues, restaurants, shops, and nearby downtown Nashville. Along with luxury apartments, Crescent will bring 7,000 square feet of first-class retail to the property, forming a landmark connecting Music Row’s deep history and Midtown’s tough grit to the luminous towers of the Gluch.
“We will be seeking a fusion of national, regional and local retailers to create a unique destination and complement the area’s rich character,” said Collins.
Community amenities will reflect the region’s music history as well. Residents can play and record their own music in a jam room, and a live performance venue with a stage measuring 10 by 30 feet with seating for up to 50 people will be available as well. Other amenities include a resort-style, saltwater pool, outdoor grilling area and rooftop observation deck.
“Crescent Music Row residents will have all they need in a community that’s as unique as the people and places around it,” said Khris Pascarella, principal of Crescent’s local development partner Pearl Street Partners. “With unmatched amenities and an unbeatable location, the stage is set for an exceptional lifestyle experience.”
Along with studios and one- and two-bedroom apartment homes, there will be several distinctive three-bedroom, VIP penthouses showcasing custom finishes and dramatic two-story height ceilings. Prospective residents will be able to preview floor plans and custom finish options, such as tile and paint colors.
“By offering this level of customization for a distinctive product, we’re able to honor the creative, eclectic spirit of Nashville and Music Row,” Collins said.
Crescent built up a strong presence in the Nashville area; its multifamily group developed Crescent Cool Springs in Franklin and its residential group developed Franklin’s Lockwood Glen. Crescent’s commercial group developed Franklin’s Resource Parkway, Two Greenway Centre and Corporate Centre.
Crescent Music Row is financed by Crescent equity with construction loans by Citizens Bank and Lincoln Financial. The architect is Lord Aeck Sargent and interior design by Vignette Interior Design. Land Design provided landscape architecture, and Balfour Beatty is the general contractor.