505, previously known as 505 CST and Paramount, is a residential skyscraper in downtown Nashville, Tennessee, located at the intersection of Fifth Avenue and Church Street. 505 stands on the location originally intended for the cancelled Signature Tower.[3] The 45-story building is 522 feet (159 m) tall[2] and feature 403,000 sq ft (37,400 m2) of floor space.[4] 505 is the tallest building in Nashville based on occupied floors,[6] and the third tallest overall behind the AT&T Building and the Four Seasons Hotel and Residences.[3] It includes 500 apartment units ranging from under 400 sq ft (37 m2) to more than 4,000 sq ft (370 m2),[6] with an option to later convert the top 175 units to condominiums.[4] Other planned areas include three retail spaces including an 8,000 sq ft (740 m2) ground-level restaurant,[6] a 45,000 sq ft (4,200 m2) amenity level,[4] and 690 parking spaces.[3] It is expected to cost US$169 million.[7] The architect is Solomon Cordwell Buenz.[3]
| 505 | |
|---|---|
 505 (Nashville) viewed from Broadway and 5th Ave on December 3, 2017. The Ryman Auditorium is on the right in the foreground. | |
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| Former names |
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| General information | |
| Status | Completed |
| Type | Residential apartments |
| Location | 505 Church Street Nashville, Tennessee United States |
| Coordinates | 36°9′45.9″N 86°46′48.9″W / 36.162750°N 86.780250°W |
| Construction started | December 2015 |
| Topped-out | May 18, 2017[1] |
| Completed | January 2018 |
| Opened | January 2018 |
| Height | 523 ft (159 m)[2] |
| Technical details | |
| Floor count | 45[3] |
| Floor area | 403,000 sq ft (37,400 m2)[4] |
| Design and construction | |
| Architecture firm | Solomon Cordwell Buenz[3] |
| Developer | Giarratana Development, LLC |
| Main contractor | Archer Western Construction[5] |
| Website | |
| 505nashville | |
Preleasing opened in November 2016, with rents ranging from $1,500 to $6,300 per month (excluding penthouses).[7] The building topped out on May 18, 2017,[8] and opened to its first tenants on October 1, 2017 in advance of completion in January 2018.[5][6] Initially, no sales are planned for 505. The investment and financing arrangements, including an investment from a real estate investment trust, do not allow for sales during construction.[7]
505 was named Best New Skyscraper in the 2017 Nashville Scene "Best of Nashville" awards.[9]
See also edit
References edit
- ^ "Real estate notes: Ground breaks for 18th & Chet". Nashville Post. May 17, 2017. Archived from the original on July 8, 2017. Retrieved May 18, 2017.
- ^ a b Williams, William (September 16, 2015). "Mid-November groundbreaking slated for 505 skyscraper". Nashville Post. Archived from the original on September 21, 2015.
- ^ a b c d e f Sichko, Adam (April 2, 2015). "Giarratana lands more money for downtown skyscraper — with a new look". Nashville Business Journal. Archived from the original on April 7, 2015.
- ^ a b c d Ward, Getahn (April 2, 2015). "Giarratana raises $60M for 505 tower, releases renderings". The Tennessean. Archived from the original on April 7, 2015.
- ^ a b "Real estate notes: 505 to partially open in October". Nashville Post. February 21, 2017. Archived from the original on March 6, 2017. Retrieved March 2, 2017.
- ^ a b c d Skovira, Kristen (June 12, 2017). "Take A Look Inside Nashville's Tallest Residential Tower, 505 Nashville". NewsChannel 5 (WTVF). Archived from the original on July 8, 2017. Retrieved July 7, 2017.
- ^ a b c Ward, Getahn (November 2, 2016). "Preleasing starts for Giarratana's 505 residential skyscraper". The Tennessean. Archived from the original on March 6, 2017. Retrieved March 2, 2017.
- ^ Ward, Getahn (May 18, 2017). "Giarratana: Expect 505 tower condo conversion decision early next year". The Tennessean. USA Today Network. Retrieved May 24, 2017.
- ^ Williams, William. "Best New Skyscraper". Nashville Scene. Retrieved November 13, 2017.
External links edit