Gulch Union
Nashville, Tennessee
Gulch Union is bringing a holistic approach to mixed-use development in the core of Nashville. In terms of location and variety, uses make it increasingly more attractive to residents and businesses alike.
LEAD ATTORNEY:
OTHER TEAM MEMBERS:
STATUS:
Phase 1 and Phase 2 – Complete, Phase 3 – In Design
OTHER INFORMATION:
gulchunion.com
Gulch Union is a transformative mixed-use development in Nashville, Tennessee, perfectly blending office, retail, and residential spaces. Developed by Endeavor Real Estate Group, this project covers an entire city block between 12th and 13th Avenues and McGavock and Demonbreun Streets, serving as a gateway to downtown Nashville. The realization of Gulch Union was helped by Winstead’s legal team, led by Bob Burton, who played a critical role in structuring the project’s complex mixed-use aspects.
The multifaceted nature of Gulch Union required a sophisticated legal approach to address construction, ownership, and financing. Winstead’s team, comprising Bob Burton, Mark Grobmyer, Heath Pennington, Robert Bass, and Monte James, provided legal guidance throughout the project’s phases. Their work included implementing a master mixed-use condominium regime to facilitate separate ownership and financing for the project’s distinct components.
A Stand Out Project
The first phase of Gulch Union, 1222 Demonbreun at Gulch Union, set the foundation for the development’s success. Completed in August 2020, this 20-story tower encompasses 330,090 square feet of Class-AA office space and 5,836 square feet of retail space. Its upscale amenities, designed for today’s workforce, include indoor-outdoor sky lounges with views of downtown, a fitness center with showers and lockers, a 50-person training room, and a 24/7 micro-market.
The building’s prime location and superior amenities quickly attracted a roster of prominent tenants, including Revance, RSM Accounting, Insight Global, Dixon Hughes Goodman, and Cahaba Wealth Advisors. Despite the challenges posed by the pandemic, the building has maintained strong leasing interest, highlighting Nashville’s appeal as a business hub.
Expanding the Vision
After Phase 1 was complete, ground broke for Phase 2, building upon Gulch Union’s early success. This phase added a boutique hotel, a residential tower encompassing 300 units, and additional meeting spaces with amenities. The residential tower offers best-in-class amenities, featuring a rooftop pool with views of downtown, fitness and yoga studios, a co-working space with private offices, a library, and a resident lounge. Outdoor amenities include seating areas, a pickleball court, bocce ball, cornhole, BBQ grills, fire pits, and a dog park.
The residential tower also includes 8,000 square feet of retail space, further integrating the development with the vibrant Gulch neighborhood, known for its array of dining and entertainment options. The project’s commitment to sustainability is reflected in its design and construction, with the 1222 Demonbreun tower achieving LEED Silver certification.
Impact on Nashville’s Real Estate Landscape
Gulch Union is bringing a holistic approach to mixed-use development in the core of Nashville. In terms of location and variety, uses make it increasingly more attractive to residents and businesses alike.
Ultimately, this project is a testament to the seamless collaboration between Endeavor Real Estate Group and Winstead’s legal team. With Winstead guiding clients through the intricacies of mixed-use development projects, the firm has been able to help build upon the exciting, sustainable, diverse cityscape that suits Nashville’s expanding population.
