Source: Nashville Post
Core Development is prepared to start on the 20-residences second phase of its Tech Hill project in South Nashville.
Similarly, the locally based company is targeting a November opening for the two buildings comprising phase one. Called Alloy 82, those residential structures offer a collective number of condominiums from which the name is derived. Of the 82 units, 66 have been presold, according to Kent Campbell, Core vice president.
Campbell said the company landed on Tuesday a loan from Clarksville-based First Advantage Bank and for what is being called Alloy 10/10. The dollar figure of the loan for the two-building effort is not being disclosed.
“Continuing on the success of Alloy 82, we’re excited to begin work on phase two of Tech Hill,” he said.
The Alloy 10/10 residences, for which a summer 2018 completion is eyed, will start at $200,000 and range up to $360,000.
Campbell said one building will have six flats on floor one and six two-bedroom townhomes, each spanning floors two and three. It will face the Herron Drive cul-de-sac that provides access to Tech Hill.
The other building will offer four flats on floor one and four two-bedroom townhomes, each spanning floors two and three. It will front Tech Hill’s courtyard.