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WeHo project involving mansion faces uncertainty


Nashville-based A.J. Capital Partners is seeking to undertake the project with a key address (among others) of
441 Humphreys St. According to documents submitted to the Metro Planning Department, and as the
Post reported in January, the development will include eight new buildings sitting on 13 parcels. A.J. Capital, which owns the nearby May Hosiery complex, owns some of the parcels within the 6.13-acre property.
However, Metro Councilmember Colby Sledge, in whose District 17 the property sits, told the
Post Tuesday he received an email from the company president Friday morning noting A.J. Capital would no longer be negotiating with the neighborhood organization, South Nashville Action People (SNAP). ....

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Wedgewood-Houston Project Involving Merritt Mansion Faces Uncertainty


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Proposed AJ Capital Partners development in Wedgewood-Houston
A development planned for Wedgewood-Houston and offering a mixture of uses including an update to the historic Merritt Mansion is now seemingly in limbo. 
Nashville-based AJ Capital Partners is seeking to undertake the project with a key address (among others) of 441 Humphreys St. According to documents submitted to the Metro Planning Department, and as 
Nashville Post reported in January, the development will include eight new buildings sitting on 13 parcels. AJ Capital, which owns the nearby May Hosiery complex, owns some of the parcels within the 6.13-acre property.
However, Metro Councilmember Colby Sledge, in whose District 17 the property sits, told the ....

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Downtown-area property sees for-sale price dropped


Based on acreage, the asking price is the equivalent of about $91 per foot.
Murphy has enlisted Keller Williams Realty’s Realtors Laurie Marks and Kristan Swain to handle the marketing and sale of the property. The two said construction in the western segment of Chestnut Hill (for example, Nashville Warehouse) and nearby Wedgewood-Houston in noteworthy related to the overall health of the general area.
“The traffic has slowed for commercial, while residential is going through the roof,” Marks said. “But we are seeing the interest in commercial property pick back up. The price adjustment was made in response to the market and COVID-19. There is still lot of development near the site and it remains a prime location.” ....

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Majory mixed-use project planned for WeHo


Redevelopment of South Nashville site will include update to historic Merritt Mansion
A development offering a mixture of uses including an update to the historic Merritt Mansion is planned for Wedgewood-Houston.
According to documents submitted to the Metro Planning Department, the development will include eight new buildings sitting on 13 parcels with a key address (among others) of
441 Humphreys St. Nashville-based A.J. Capital Partners, which owns the nearby May Hosiery complex, owns some of the parcels with the 6.13-acre property and will serve as developer.
Chicago-based HPA is the architect of record. Other entities involved include Barge Cauthen and Associates (land planning and engineering), Dryden (architecture) and HDLA (landscape architecture). Each is Nashville based. ....

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