1200 Broadway
Nashville, Tennessee
1200 Broadway is a monumental mixed-use development in Nashville, Tennessee, a prime example of mixing residential, retail, and office uses within an urban setting.
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Completed in Winter 2019
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live1200broadway.com
1200 Broadway is a monumental mixed-use development in Nashville, Tennessee, a prime example of mixing residential, retail, and office uses within an urban setting. Developed by the Endeavor Real Estate Group, this 26-story tower was completed in 2019. This project has been massive for Nashville. From the different offerings to its ideal location, this project has had new standards set in the sphere of urban living. Key to its success was the legal experience provided by Winstead, with Bob Burton leading the way in structuring and implementing the project’s diverse mixed-use elements.
Winstead’s involvement in 1200 Broadway was pivotal from the project’s inception. The firm’s legal team, comprising Bob Burton, Mark Grobmyer, Heath Pennington, Robert Bass, and Monte James, provided comprehensive legal guidance on the development’s mixed-use structure. This included addressing construction-related matters and implementing a master mixed-use condominium regime.
A Landmark Project in Nashville
1200 Broadway is the best of today’s modern urban development, with an area of 860,000 square feet. It comprises 313 ultra-luxury apartments, from studios to three-bedroom apartments, with top-floor penthouses. The units have gourmet kitchens, spacious floor plans, and premium amenities.
The building features a sky lounge on the 26th floor, a fitness center, and an indoor-outdoor club lounge with a professional kitchen. There are also indoor and outdoor pools, fire pits, barbecue grills, dog park, dog wash, and 24/7 concierge services. This building has been awarded LEED Silver certification, thus further attesting to this residence’s commitment to sustainability and energy efficiency.
The ground floor houses a Whole Foods Market, providing residents with convenient access to grocery shopping and other retail needs. This complex also includes 66,000 square feet of Class-A office space and 46,000 square feet of retail space, including a PNC Bank.
A New Standard
A testament to the value and success of the project, 1200 Broadway sold for a new record in per-unit prices in Nashville, fetching approximately $295 million. Completed by Boston-based Intercontinental Real Estate Corp., this sale represents a massive milestone in the local real estate market. At over $600,000 per residence equivalent price, it set an all-time high, breaking previous records and underlining the high demand for such premiere urban living spaces.
The building’s strategic location and comprehensive amenities have made it a sought-after address in Nashville. The sale’s record-breaking price reflects the quality and desirability of the development, further solidifying its status as a landmark project.
A Vision for Urban Living
1200 Broadway is more than just a building—it is a milestone in Nashville’s real estate landscape. Winstead’s legal expertise was instrumental in bringing this project to life, ensuring its successful navigation through complex legal and structural challenges. The result is a vibrant, mixed-use development that sets new standards for urban living and serves as a model for future projects.
As Nashville grows and continues to change at breakneck speed, developments like 1200 Broadway emphasize the need for strategic legal partnerships to ensure successful, sustainable urban growth. Winstead’s work on this transformative project cemented its reputation as a leader in real estate law and reiterated its commitment to fostering innovative, high-quality urban developments.
