Buying a Condo at the Icon in the Gulch?

grant hammond icon in the gulch

If you are considering buying a condo at the Icon in the Gulch, you need to speak with me first. If you have a pre-construction contract on a condo in the Icon that you would like to renegotiate, you need to speak with…read the full Icon in the Gulch story here

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Buying a Condo at the Icon in the Gulch?

Icon Front
If you are considering buying a condo at the Icon in the Gulch, you need to speak with me first. If you have a pre-construction contract on a condo in the Icon that you would like to renegotiate, you need to speak with me first.
 
View all Icon Condos for Sale
 
Buying a condo in the Icon in Nashville is Smart:
 
You do not want to be the person who paid $81,150.00 more for the exact same one bedroom condo than the person who is only 2 floors below you. If you think that I am making that up, you are wrong. This is a real example.
 
I am one of the extremely few people in Nashville who has collected all of the closing data for the entire project and inserted that information into a graphic spreadsheet. I then ran a price regression analysis as well as a futures analysis that accurately calculates probable condo prices. My spreadsheet shows you exactly what has closed at which price and when. This is invaluable information that you need in order to make an educated offer in this project. This information does not show what upgrades have been done to the individual condos.
 
The Icon in the Gulch has become a premium rental destination receiving premium rental amounts. Couple that fact with your ability to purchase at a discount and the equation starts to make sense again. Obviously your purchase does not need to be an investment property in order for this information to help you over the next several years. In fact, the last deal I negotiated in the Icon was for a primary residence.
 
What’s next?
 
In order to protect the integrity of this information I will not email you this spreadsheet, you must meet me in person in order to review these documents. I am a licensed real estate agent, therefore, if you are currently working with a buyer’s agent, I will not be able to assist you unless you can sign a buyer’s agency agreement with me. If you are only working with a representative from the Icon, there is not a conflict of interest. If you have a pre-construction contract on a condo and you did not sign an exclusive buyer’s agency agreement with your agent, you may switch, however, that is a decision that you must make. It is NOT my intention to separate anyone from their current or past agents. It is my intention to provide the highest quality buyer’s representation in this project. As a real estate agent who has been quoted more than 25 times in the Tennessean, City Paper and Nashville Business Journal, I am confident that I can provide you with insight and guidance you cannot find elsewhere.
 
Would you rather buy a condo in the Encore in Nashville? I have collected the same information and performed the same analysis in this building as well.
 
Email is usually best Grant@GrantHammond.com however, you can always call my cell 615-945-7123.
View all condos for sale in the Icon in the Gulch

Music City Center Hotel Build Team Chosen

new nashville music city convention center

Phelps Portman Nashville, LLC Selected to Develop, Design and Build 1,000-room Convention Center Headquarters Hotel in Nashville, Tenn.

NASHVILLE, Tenn. and ATLANTA, June 19 /PRNewswire/ – The Nashville Metropolitan Development and Housing Agency (MDHA) announced that it has selected Phelps Portman Nashville, LLC to develop, design and construct a 1,000-room hotel adjacent to the planned new Music City Center in downtown Nashville…read the full Nashville convention center story

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Music City Center Hotel Build Team Chosen

new nashville music city convention center

Phelps Portman Nashville, LLC Selected to Develop, Design and Build 1,000-room Convention Center Headquarters Hotel in Nashville, Tenn.
 
NASHVILLE, Tenn. and ATLANTA, June 19 /PRNewswire/ – The Nashville Metropolitan Development and Housing Agency (MDHA) announced that it has selected Phelps Portman Nashville, LLC to develop, design and construct a 1,000-room hotel adjacent to the planned new Music City Center in downtown Nashville. Plans call for the hotel to feature approximately 100,000 square feet of meeting space and ballrooms, as well as retail outlets and restaurants.
 
During construction, the hotel will employ 750 – 800 workers at the height of construction and approximately 725 full-time employees when the hotel opens. The hotel is an integral part of the proposed downtown convention center project.
 
Phelps Portman is composed of Phelps Development, a subsidiary of Hensel Phelps Construction Company, a leading construction company, and Portman Holdings, a leading international developer of some of the world’s most iconic real estate. They will be responsible for overseeing the project to completion, including design, construction, purchasing and installation of all furnishings and equipment and start up of the hotel in coordination with the hotel operator.
 
“We reviewed 10 proposals and examined qualifications in detail,” said Phil Ryan, MDHA Executive Director. “A hotel of this scale requires special expertise to bring to fruition. The Phelps Portman group has been involved with the development of 10 hotels with 1,000 or more rooms, including the 1,190-room Hilton San Diego Bayfront Hotel, which recently opened on time and on budget to rave reviews. The Phelps Portman team has completed more than 30 LEED certified projects and this hotel also will be highly energy efficient.”
 
Selection of the development, design and construction team represents the latest major step in moving the convention center complex project forward. “Design and development currently are underway for the convention center building, and the selection of this team will now get the hotel under way,” Ryan said. “This headquarters hotel is integral to the success of the convention center. Our goal is to open the hotel in the fall of 2012.”
 
The Phelps Portman team will commence conceptual design of the hotel working in close cooperation with MDHA. Steps to follow include financing, construction and outfitting and start-up of the hotel.
 
SOURCE Phelps Portman Nashville, LLC

New Nashville Convention Center Already Booking

music city center nashville convention center

Two large associations representing 40,300 booked room nights in all have signed on to hold their conventions at the yet unbuilt Music City Center…read the entire Nashville convention center booking story

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New Nashville Convention Center Already Booking

music city center nashville convention center

This article entitled “2 large groups book Music City Center” appeared in the Nashville Business Journal on June the 18th, 2009. The Journal reports:
 
“Two large associations representing 40,300 booked room nights in all have signed on to hold their conventions at the yet unbuilt Music City Center.
 
The American Trucking Association will convene at the new downtown convention center for five consecutive years beginning in 2013, the Nashville Convention and Visitors Bureau announced today.
 
Also, the bureau says the American Choral Directors Association is expected to fill the center in February 2013.
 
“These two conventions represent exactly why we need a new downtown convention center, and that’s being able to attract new and returning conventions to our city,” says Nashville Mayor Karl Dean in a release.
 
The Choral Directors will use the new center as well as the Schermerhorn Symphony Center in 2013.
 
So far, 12 organizations have booked 21 events at the new Music City Center, bringing more than 207,300 hotel room nights to the books before the city has even broken ground on the massive 1.2 million square foot planned center.
 
“Music City is an extremely attractive destination for meeting planners, and the new Music City Center gives us the opportunity to sell the city to groups that are currently unable to come here due to the lack of adequate space,” says NCVB President Butch Spyridon.
 
Metro Council recently gave the city approval to purchase the land for the Music City Center. The center is currently in the pre-development phase.”
 
There is little doubt that a new convention center in needed in Nashville; however, Nashville citizens are still not convinced the city can afford to build it in this economy. I personally make the argument that we cannot afford not to build it as I believe that the best way to exit a recession is to build your way out of it. Prime historical examples of this theory are Eisenhower’s interstate highway system and Roosevelt’s ‘New Deal’.
 

Nashville Convention Center Booking Update – 9/2/2009

 
The Nashville Convention and Visitors Bureau reports that September will welcome 43,100 people to Music City for conventions and meetings, up slightly from the 43,000 August visitors but down from the 49,000 convention attendees in July. These 43,000 people will be attending 42 separate conventions.

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