$140M Luxury Multifamily Albion in the Gulch Opens in Nashville
The 20-story Albion in the Gulch has opened at 645 Division St. in downtown Nashville. The concrete and glass building features 415 units with studio, one-, two-, and three-bedroom apartments and two- and three-bedroom two-story townhomes. It offers expansive skyline views from the second highest point in the city.
The project is the first in Nashville for Chicago-based Albion. The developer bought the site for $278 per square foot, which is one of the highest prices ever paid for property in the area. The project was financed with an $87 million loan from Hartford Investment Management Co.
The community has a hotel-inspired lobby with a coffee shop, 20th floor clubhouse lounge, rooftop infinity pool, and 360-degree views of the city.
Albion recently paid $31 million for 2 acres at the intersection of McGavock Street and 14th Avenue. It’s planning its second Nashville project, a two-tower residential development.
Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.