Development partners OliverMcMillan and Spectrum Emery (OMSE) have unveiled plans for a new $430M mixed-use development in Nashville, Tennessee.
The Fifth + Broadway will comprise 34,800sq m of office space, over 350 residential units, 17,000sq m of retail space along a newly designed pedestrian street, and the Renaissance hotel with expanded meeting spaces.
The development will be anchored by the National Museum of African American Music (NMAAM), which will cover an area of about 5,200sq m. It will also feature TomKats Hospitality restaurant, a food market, and 1,860sq m of rooftop amenity terrace.
OMSE partner Patrick Emery said: "Fifth + Broadway will soon come to life as a vibrant center of activity with unique offerings for corporations, residents and visitors alike.
"Its core location merits a very progressive and thoughtful approach that serves many needs. Our Class A office space and stylish residences provide ready access to top entertainment, original restaurants and fashionable shops — with dramatic views of our city and within an easy walk of downtown's major attractions."
Demolition and site excavation are expected to start in the second quarter of 2017, while vertical construction of the museum, retail, residential and office spaces is expected to start in autumn 2017.
The retail element of the project, along with the residential units, is set to be concluded in the end of 2019. The office building is expected to be ready for occupancy in the end of 2019 or early 2020.
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