Developers Optimistic About Downtown Condo Market. WKRN

“Living downtown would be really cool, I would love to do it,” said Cindy Bohn as she toured Terrazzo in Nashville’s Gulch area with her husband and daughter. Real estate developers like Bill Barkley are confident that the city didn’t over-develop the condo market during the housing boom. Barkley helped conceive Nashville’s Gulch area more than 10 years ago, when it was primarily an industrial plot of land. Now the area is home to the Urban Outfitters clothing store and many of the city’s popular restaurants and nightclubs. Developers like Barkley remain optimistic that an up-and-coming city like Nashville has plenty of room to grow its urban residential core.

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USA TODAY: Nashville Works to Liven Gulch

The Gulch, as it is known, is now the focus of a $400 million makeover whose aim is to bring to Music City a trend that planted itself in cities of its size long ago — urban chic. “The concept of creating an urban village for Nashville was something I wanted to do for a long time,” says Bill Barkley, president of Crosland Tennessee developers. Barkley’s company is one of several involved in a master plan to convert the city’s backdoor entrance into a hip enclave of mod highrises, loft apartments, trendy shops, cafes and dog walks.

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Progressive Urban Development

Nashville’s The Gulch is quickly developing into a new go-to place for creative, responsible real estate design. In the heart of The Gulch, you’ll find Terrazzo, a LEED pre-certified building incorporating residential, retail and office space. Bill Barkley, president of Crosland Tennessee, is the developer of Terrazzo and a founding developer of The Gulch. He explains the idea behind the Terrazzo project and The Gulch.

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