Tennessean: Gulch’s evolution

Gregorys on terrace at night.1The neighborhood known for some of Nashville’s hippest nightspots and most fashionable restaurants still sizzles after the sun goes down with diners and partygoers attracted to the area’s glass and steel. In the midst of the worst economic crisis in decades, the newly revitalized area south of Broadway has seen fresh restaurants and shops sign leases and move in almost as quickly as some earlier arrivals failed or moved on to other locations. Developers who were among the first on the scene remain adamant that their multimillion dollar bets on posh condos in the evolving neighborhood will prove to be wise ones in the long run. “Downtown condos are not overbuilt at all. People are going to find themselves in a home that will appreciate, especially in the next five to 10 years,” said Bill Barkley, the president of Crosland in Tennessee and one of the developers of the 14-story condo tower Terrazzo. Photo Caption: David “Boone” Gregory and his wife, Kathi, check out a view of Nashville from their 15th floor home at Terrazzo in The Gulch. Photo by John Partipilo / The Tennessean.
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