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GBT Lands Loan to Add Multifamily to Nolensville Pike Development
Brentwood, TN-based GBT Realty has closed on a construction loan for Southcrest Reserve, a three-story, 108-unit multifamily community in Nashville, TN’s Nolensville Pike submarket. Commerce Bank provided the construction loan.
The multifamily will sit adjacent to the firm’s retail complex, Southcrest Center, currently under construction. Hardcastle Construction Company is set to begin construction immediately with a targeted completion of fall 202; Barnett Design Studio designed the residential community.
“With Southcrest Center nearly complete, Southcrest Reserve residents will have immediate access to a full suite of amenities and retailers as well as immediate access to a major transit corridor to and from downtown,” said Craig Cole, managing director at GBT Realty
Southcrest Center is expected to open in the spring of 2022. Tenants of the 12,100-square-foot unanchored community center will include:
- Scooter’s Coffee
- Orange Theory
- Heartland Dental
- Valvoline
- Wendy’s
- McAlister’s Deli
- ◦Development
