INFILL APPEAL: NEW HOMES, ESTABLISHED NEIGHBORHOODS

Core projects, Joule, Chester and Bailey are featured in this recent Tennessean article about infill appeal in Nashville.

Source: Tennessean

Kristen Carbine loves living in the urban heart of Nashville, where she has a new home in an established neighborhood just minutes away from the city’s sports, dining and entertainment destinations.

“An Uber ride downtown is just $15,” said Carbine, who owns a home in the Nations neighborhood in West Nashville.

The Nations and other urban neighborhoods are being transformed by construction of new, infill homes that are attracting both Millennials like Carbine who are buying their first home to older baby boomers downsizing from the suburbs.

In the Rosebank neighborhood, sales should begin soon at Joule, a 30-unit cottage development located across from the former Cornelia Fort Airpark, which is now part of the greenway. Prices will range from $289,900 to the low $400,000s, said Newell Anderson, a Realtor with the City Living Group at Village Real Estate. Paragon Group is the builder.

Village is also handling listings for 1510 on Rosebank, a six-home development with small, fenced yards. Prices range from $324,900 to $419,900. In the south Inglewood neighborhood, the City Living Group is handling sales of Chester, a development of 17 mid-century modern townhomes with attached garages. Prices range from $299,900 to the mid-$300,000s. Paragon Group is the builder of both developments.

The City Living Group is marketing Bailey, a 23-unit townhome development off West Eastland Avenue close to restaurants such as Holland House. The 16 remaining residences are priced from $369,900 to $419,900.

“The buyers in these areas are not simply from one category,” said Anderson. “There’s really a full spectrum of buyer types here from millennials to boomers, locals, regionals and out of towners, all who see the value of where the neighborhood is and where it is heading.”

Read more here.