Nashville’s Urban Redevelopment Focuses on Abandoned Theaters
The latest in revitalization for urban areas in Nashville and the surrounding areas focuses on abandoned theaters and shopping complexes. Perhaps the most visible of these exists in the Belle Meade community, where the theater received a facelift and a grocery store tenant. The project has served as a model for other areas of the city.
8th Avenue South
The introduction of ML Rose began the renaissance of the Melrose area. An abandoned theater across the street was once the jewel in the crown of a strip mall, which, until recently, featured a lone holdover in the form of a billiards hall. The theater is now undergoing renovation, and new retail spaces are being remodeled for future tenants. Apartments and other housing options are also being built. These homes will join other recent developments as some of the most sought after in the city.
Meridian Street and McFerrin Park
The Roxy Theatre was once one of Nashville’s finest entertainment complexes. With a history including some of the city’s biggest names—Johnny Cash, to name one—the theater was prime for renovation. Now undergoing remodeling, the Roxy and the surrounding buildings are now being considered East Nashville’s most lucrative refurbishment. Plans for live entertainment and classic movies will bring a whole new audience to the neighborhood, which is already experiencing revival. Soon to follow will be restaurants, coffee shops, and retail spaces that will boost home values.
These recent developments will certainly spark renewed interest in other abandoned strip malls and theaters in the city and surrounding area. If those exist in your neighborhood, keep a close eye on the proceedings. The finished product is sure to elevate home prices in your area, so a push to renovate existing structures is a wise step.
To learn more about the homes available in these areas, contact The Anderson Group. We're as excited about urban renewal as you are!
photo credit: urbanwoodchuck via photopin cc
Comments(1)