Tag Archives: construction

Construction Commences on New MetroCenter Lexus of Nashville

The new location on MetroCenter Boulevard capitalizes on its proximity to MetroCenter’s major new interchange

Construction started last week on the new Lexus of Nashville MetroCenter location at the corner of Interstate 65 and Rosa Parks Boulevard. Once complete, it will serve as the new headquarters for Lexus of Nashville, replacing the original store in Madison, Tenn.

The 58,000-square-foot planned retail and service center is set on a 7.2-acre parcel. It will offer 61,540 square feet of outdoor display area, an 11,640-square-foot enclosed sales area and 42 service bays. The dealership will include a full line of new and pre-owned car sales as well as a Lexus service center and parts sales.

“Lexus bought this property about four years ago, and their development plans play perfectly into the major new interchange in the immediate MetroCenter area,” said Todd Alexander, principal for Southeast Venture, which represented the property owner. “It’s a great location. You’ll be able to see the dealership from the interstate, and MetroCenter’s proximity to downtown and interstates 65 and 40 will give potential buyers easy access into the new dealership.”

Broker Jimmy Pickel and Alexander and brokered the original deal.

“This is the first time that Lexus will have a retail and service center in Nashville’s center, and we’re very excited to bring Lexus sales inside Nashville’s urban core,” said J.R. Roper, general manager of Lexus of Nashville. “The finished dealership will provide 80 potential jobs to the area.”

TPC Management Company is managing the project. Atlanta-based Zenner Group will carry out architectural and interior design details. Barge Cauthen & Associates is serving as engineer and J.E. Crain and Sons is carrying out construction.

Nashville CRE Week in Review: Week of Feb. 26

Nashville CRE Links

  1. First Baptist Church downtown accepts long-term master plan — Tennessean (link)
  2. Medical mart on schedule to open in 2014 — News Channel 2 (link)
  3. Porsche, Audi dealership plans Brentwood locations — Nashville Business Journal (link)
  4. Report: TN construction contracts up 82 percent — Nashville Business Journal (link)
  5. Synergy Business Park in Brentwood sold for $62.8M — Tennessean (link)

Nashville CRE Week in Review: Week of Feb. 5

Nashville CRE Links

  1. Empty big boxes answer the call — Nashville Ledger (link)
  2. High-end rentals top residential trends — Nashville Ledger (link)
  3. Middle Tennessee poised for new construction in rejuvenated office, residential, retail markets — Nashville Ledger (link)
  4. Midstate retail trends toward mixed-use development — Nashville Ledger (link)
  5. N.Y. law firm close to moving into Nashville’s Ragland Building — Nashville Business Journal (link)

Nashville CRE Week in Review: Week of Jan. 1

Nashville CRE Links

  1. Nashville apartment building boom hits pivotal year — Nashville Business Journal (link)
  2. November construction spending up 1.2 percent — Tennessean (link)
  3. Region’s real estate markets carrying momentum in ’12 — Nashville Post (link)
  4. Report: Nashville’s industrial market rebounds — Nashville Business Journal (link)
  5. Report: Office market continues to improve — Nashville Business Journal (link)