505 Apartments — Archer Western (The Walsh Group) & Giarratana LLC
Nashville has been named one of America’s fastest-growing cities year after year. Music City has always been home to nightlife and vibrant southern charm, but in recent years Nashville has attracted big business with a strong workforce, a more developed downtown, award-winning hospitals and universities. All of this attention has caused a population surge — downtown Nashville’s resident population skyrocketed by more than 60 percent in the past five years. Builders are working day in and day out to keep pace with buyer and renter demand.
Vibrant urban living
In the heart of downtown Nashville, at the intersection of Church Street and Fifth Avenue North, a 45-story, 524-foot-tall residential high-rise is taking shape. As the city’s second tallest building, 505 will contain 350 apartment units and 200 condo units, At 524 feet and 45 stories, 505 is the tallest building in Tennessee based on occupied floors.
Targeting LEED Silver, 505 will be the ultimate in urban living with some of Nashville’s most iconic culture, sports and entertainment venues a short walk away. 505 also offers features including a 33,000-square-foot rooftop amenities deck with a swimming pool, tennis court, basketball court and dog run, and two floors of interior amenity space. The high-rise tower sits atop a six-level underground parking garage.
The project has been spearheaded by well-known Nashville developer Tony Giarratana and his firm Giarratana LLC. Much more than just residential real estate, the company plans to devote some 8,000 to 10,000 square feet at the base of the tower to restaurant and retail space. The condo units, located on the top 16 floors, will be accessible by a separate lobby entrance and elevator system.
Giarratana is known for other major city developments in downtown Nashville; the company’s portfolio stands at more than 1,790 units, including the 505 tower and a new 33-story apartment tower in SoBro.
Tackling construction management and the concrete superstructure of the $169 million-plus job is Archer Western, a member of The Walsh Group, which Giarratana selected in November 2015. “This is our first building project in the Nashville market, but The Walsh Group has various divisions and long-ranging experience as the 13th largest contractor in the U.S.,” says Brian Evans, senior project manager of 505 for Archer Western.
With more than 7,000 employees worldwide, The Walsh Group specializes in all construction types, from civil to aviation to high-rise residential. “We’re building hospitals, schools, airport terminals, water treatment plants, as well as some of our nation’s most complex bridge, highway and transit systems,” notes Evans. “We have a massive residential high-rise division, but 505 happens to be the first we’ve done in Nashville so there’s been a lot of coordination and communication with the owner to help bid out big subcontractor trades — the MEP, electrical, drywall, etc.”
“We broke ground on the cast-in place structure with our tower crane erection in December 2015,” says Evans. “From the beginning the location in the heart of downtown has been a logistical challenge.”
As the construction cranes appear in the city skyline, Evans says there has been a major coordination and public relations effort to let the public know what’s going on. “Being in the center of the city, we have a zero lot line to work with. Getting the cranes up requires multiple lane street closures and a lot of coordination with our neighbors and the city,” he explains. “In turn, we’ve been busy doing a lot of PR to ensure the community is on board and aware of the road closures and reroutes. Giarratana has been very helpful in this process.”
There are no signs of slowing in the city and resident population continues to grow, attracting young professionals and big business. With more eyes on Nashville, 505 is shaping the city skyline, showing how Music City does high-rise urban living.
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