AECOM Capital Real Estate has entered into a general partnership with The Congress Group on the transformative 151 1st Avenue South development in the SoBro area of downtown Nashville.
“We’re thrilled to join The Congress Group and enter the Nashville market with this world class project,” said Timothy D. Haskin, senior managing director of AECOM Capital Real Estate. “This will not only be an iconic addition to the skyline, but also serve to supply unmet demand for luxury hotel rooms and property ownership along the water and in the urban core.”
151 1st Avenue South is now designed as a singular 40-story tall high-rise tower with 142 luxury riverfront condominiums paired with a 232 room five-star luxury hotel in the center podium. The project will provide parking to 374 cars and maintain around 8,000 SF of retail which will serve to activate First Avenue across from West Riverfront Park. In this advanced design, a previously shown multifamily tower has been removed to keep project focused on synergies between hotel and condominiums.
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